Jeremy Stein - Journal

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SquareTrade Settlement

I just received an email for the SquareTrade settlement:

Dear SquareTrade customer,

You are receiving this email because you purchased a SquareTrade Protection Plan on Amazon between April 20, 2012 and October 8, 2018 and are eligible for a Settlement Coupon. This coupon entitles you to a $10 discount on a SquareTrade smartphone protection plan.

Like most of the class action settlements I’ve seen recently, this is a joke. This will actually make money for SquareTrade. The lawyers got a big payday, the defendant is probably breaking even, and the consumers have the illusion of victory.

November 9, 2020 No Comments.

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