A settlement amount of $18,000,000 has been proposed in the Visa Prepaid Debit Card Customer Service class action lawsuit. The lawsuit claims that Visa called certain customers in the state of California, Florida, Maryland, New Hampshire, Nevada, or Washington and recorded the call without the customers knowledge or consent. The case is entitled Francisco Marenco vs. Visa Inc. and is in the jurisdiction of the United States District Court, Central District of California.
Eligible class members in the state of California can receive a maximum payout of $5000 while other class members in the remaining states maximum payout is $1000. The Affected Phone Line call must of been made prior to October 1, 2010 and the list of phone lines can be found here. A class member can either 1. file a claim for your share of money 2. object; 3. do nothing; or 4. exclude yourself from the Settlement. All claim forms must be filed no later than October 19, 2011.
The fairness hearing will be held on November 28, 2011 at 9:30 a.m to determine if the settlement terms are fair and reasonable. A copy of court documents related to the Visa Prepaid Debit Card Customer Service Class Action Settlement can be found here.