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December 19, 2007
Class action suit
I got a notice in the mail that I was on the winning end of a class action suit I'd never heard of. Apparently credit card companies were charging fees that were too steep for transactions made while overseas. Anyone who traveled overseas between Feb. 1, 1996, and Nov. 8, 2006, is entitled to a refund.
At first I was tempted to submit the easy form, which would net me a $25 check. Then I remembered that my parents were living in Australia for much of that time, plus I took a long trip through London, Paris and Hong Kong in the middle of that period. So instead of filling out the easy form, I estimated my total overseas travel during the period.
My back-of-the-envelope calculations suggest that I spent perhaps 147 days outside the U.S. during the period specified. I have no idea whether that will net me more than $25 in refund money, but I hope it does. I hope it nets me a lot more.
The lawyers who brought this lawsuit will get more than $91 million. That must be nice for them.
Posted by Courtney_Sherwood at December 19, 2007 07:15 PM