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When companies have a faulty product or end up causing harm to consumers out of negligence or a mistake, then they may end up going through a class action lawsuit to settle claims against them.
If you’ve bought or used a product or service in a class action lawsuit, you could participate in the settlement, meaning you’ll get some money that the company pays to everyone involved in the lawsuit.
The downside is that you’ll need to find these settlements and apply for your share of the money, but they can be worth the time it takes to apply when you receive your money in the mail.
What Are Class Action Rebates, Settlement Rebates, and Lawsuit Rebates?
You may hear of class action rebates or settlements being called different names, like settlement rebates and lawsuit rebates.
Generally, though, each of these terms means the same thing.
A class action rebate is money that you can receive when from a class action settlement.
The settlement comes from a class action lawsuit, which is when a group of people or businesses file a lawsuit against a particular company.
The lawsuit can be for a number of reasons, such as an illness or injury deriving from a product or service they used or losing money buying a product they deem is flawed, dangerous, etc.
For example, you might have looked up “sperm donation compensation” or “How do I donate sperm for money?” and found a sperm donation clinic near you to donate to for some extra money.
Then, you found out that the sperm bank is named in a class-action lawsuit where plaintiffs allege that the company failed to prevent sperm with known genetic defects from being sold to women who wanted to get pregnant.
A 2019 settlement saw this happen, and one lawyer believes the company could be required to hand over $5 million to those affected.
Class action lawsuits exist to protect people or groups who have fallen victim to wrongdoing.
As a member named in the lawsuit, you can become eligible for a portion of the payout if the settlement goes through the courts.
Why Participate in a Class Action Settlement?
First of all, if you’ve been the victim of any type of class action settlement that you’re eligible to participate in, then you have a right to a portion of the settlement amount.
Even if it’s only a few bucks, it’s still money that you’re entitled to and, therefore, you should claim it.
Another reason to participate is because these settlements are designed to make companies accountable for their wrongdoings, even if it was a mistake.
The court system allows for class action lawsuits to make sure that companies don’t get away with making the same mistake twice.
When you claim the money for which you’re eligible, you’re telling those companies that they should be accountable, and you’re proving that they are being held accountable.
If money doesn’t get claimed by consumers, then the money could end up back in the pockets of the company involved in the settlement, which shows them they don’t need to be accountable for their actions.
Top Class Action Rebates in 2020
Class action settlements can take some time to culminate and get your money to you, but they still could be worth waiting for, depending on the case.
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Here are several current class action rebates that you should look into to see if you’re entitled to receiving a payout:
Anyone who made a contact lens purchase online from this company between January 1, 2004 and September 12, 2019 may be eligible to participate in this settlement, which will pay $40 million split among any plaintiffs who participate.
You must submit a claim by December of 2020 to be eligible.
Apple Powerbeats 2
If you purchased Apple Powerbeats 2 headphones before August 7th, 2020, you can submit a claim for this class action lawsuit.
You can submit your claim online or download a claim form to print and mail by the deadline.
Bumble is a dating app that has a Boost subscription available to its users.
If you’ve purchases this subscription within the specified time period, you could be eligible for this class action settlement rebate.
There’s both a Nationwide Class and a California Class, and you may be eligible to submit a claim for both, depending on your circumstances.
This lawsuit covers a claim by plaintiffs that the company failed to lower interest rates on credit cards like it said it would after a specific time period.
The settlement may include Chase credit card holders from as far back as 2005, so if you have one of these cards, check the details and see if you’re eligible.
Checkers and Rally’s Data Breach
This lawsuit applies to both Checkers and Rally’s, which are housed under the same parent company but have different names in different locations.
You can submit a claim to receive a portion of the funds if you were a part of a data breach that occurred between 2015 and 2019.
Members of this settlement can get more than $3000 if they own a vehicle named in the lawsuit or close to $1000 if they lease one.
This settlement is in reference to an engine installed in these vehicles that produces more emissions than what the company notified the EPA about.
The deadline to apply is February of 2021.
Cuisinart Food Processor
This settlement names several Cuisinart Food Processor models that have been recalled due to having a defect that can result in an injury.
Members of this settlement can get $15 if they don’t receive a replacement blade by the deadline, and they’ll get a three-year warranty.
DuraPro Toilet Connector
People who have leased or owned a business or residence with a DuraPro Toilet Connector with a plastic Coupling Nut can receive part of the settlement from this class action lawsuit.
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You can get up to $20, or $4 per DuraPro Toilet Connector you had installed.
Equifax Credit Reports
If your credit report was given to a third party by Equifax within the timestamp noted in this class action lawsuit, you may be eligible to submit a claim.
The lawsuit alleges that the company furnished inaccurate public information based on one’s credit report.
Equifax Data Breach
In 2017, Equifax notified consumers that it experienced a data breach in which about 147 million people may have had their personal data become vulnerable to others.
Members of the settlement can choose to have free credit monitoring or up to $125 in a cash payment.
This settlement covers individuals or businesses that have used qualifying EZ-Flo products in their residences or businesses.
The qualifying products are made with yellow brass, which plaintiffs allege resulted in products of poor quality that caused damage.
Claim forms can be submitted through 2022 if you’ve had a leak as a result of one of these products.
Five Below Data Breach
People who made a credit or debit card payment at a Five Below store within the specified period may be eligible to submit a claim for up to $250 based on their out-of-pocket expenses related to the data breach.
You must show proof of your expenses to be reimbursed.
Freedom Boat Club
If you’ve received text messages that you didn’t sign up for from Freedom Boat Club or one of its affiliated companies, you may be able to submit a claim for this settlement.
You can submit your claim online or print and mail the form.
If you own one of the listed GE microwave models and you experienced it shattering its glass, you can get a $300 payment from GE.
You can also receive a $5 payment if you own one of the microwaves listed, even if you haven’t had trouble with it.
Google Plus Profile
You may be able to claim part of this settlement if you had a Google Plus profile between 2015 and 2018, during which software bugs may have allowed app developers to access your information.
Settlement members are expected to receive a $12 payment.
If LoanCare services your mortgage loan, you may be entitled to become a member of this settlement, which will correct your account to have accurate late fees.
If your loan is no longer serviced by this company, you may still be eligible for a check for the late fees that the company overcharged.
Loestrin Birth Control
You can be a member of this class action lawsuit if you purchased any of the named birth control products between September 2009 and May 2019.
You can submit your claim online if you’re eligible based on the settlement criteria.
Mike and Ike Hot Tamales
This lawsuit is in reference to plaintiffs believing the company packaged these candies in a box that was unnecessarily large for the contents within, basically leading consumers to believe that they were getting more for what they bought.
You can be a member of the claim if you bought any of this specific candy between February 2013 and July 2020.
Plaintiffs in this case state that PETCO received consumer reports for employment purposes on individuals without disclosing this with the individuals first.
Some plaintiffs also allege that the company failed to provide pre-adverse action notices as required by law.
If you applied with the company during the specified period, you may be eligible to submit a claim.
This lawsuit alleges that Qualcomm may have participated in practices that prevented competition between cell phone companies, causing prices for cell phones to hike for consumers.
If you bought a cell phone named in the settlement since February 11, 2011, you could be eligible to submit a claim.
Those who filed this class action lawsuit claim that Rossi revolvers are defective and can be fired accidentally if they’re dropped.
You can ship your revolver back to the company to get a repair, plus $50 in compensation and a warranty.
Roundup Weed and Grass Killer
Roundup is involved in this lawsuit because it placed a statement on its containers that others allege is false and misleading to consumers.
If you’ve purchased any of the named products in the settlement, you may be able to get a cash payment by submitting a claim form.
Samsung Plasma TVs
Members of this settlement won’t receive cash, but they can get an alternative TV that’s similar to what you own for free.
There are specific models named in the lawsuit, so you’ll need to furnish proof that you have an affected model.
UCLA Health System Breach
If you had information stored on the UCLA Health System during July 17th, 2015, you could be eligible for this settlement.
You can receive two free years of identity protection services, reimbursement for any preventative measures to protect your information, and reimbursement for losses as a result.
Uponor Brass Pipe Fittings
This lawsuit alleges that some of these products could have been defective, causing problems to residences and businesses that have them installed.
USAA Tennessee & Mississippi
If you qualify for this settlement, you can get 100% of the improperly deducted depreciation the company withdrew from some homeowners’ insurance claims.
Vortens Toilet Tanks
This lawsuit states that Vortens allegedly sold defective toilet tanks and failed to notify consumers of their defects.
Members can receive up to $300 per tank if they choose to get a replacement tank from Vortens or they purchase another tank and get it installed.
Whirlpool Refrigerators named in this class action lawsuit may have a freezer tube defect that causes them to get ice buildup on the freezer floor.
If you are eligible for the settlement rebate, you can get up to $150 to repair or replace that tube.
Where to Find Class Action Rebates
Not sure where to find class action rebates?
These sites list out current rebates for which you still have time to apply.
You can view their details and deadlines, so you’ll know exactly how much time you have to apply.
You’re also able to search brand websites if there’s a specific product or service that you have an issue with.
Most companies add the information to their websites to be transparent with consumers.
You can usually find a link to the online claim form by looking in the footer of the site, but some sites may have them tucked away somewhere else, like in a News or Blog page.
Once you find a claim you want to participate in, make sure you fill out all required information.
Usually, you’ll also need proof of purchase if the claim has to do with something you bought.
Pay attention to deadlines and instructions for submitting the claim to ensure that you file properly and are eligible to claim your part of the settlement.
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