If you initiated a Western Union money transfer in the U.S. and your money transfer was not redeemed within 60 days, You May Be Entitled to Benefits from the Western Union Class Action Lawsuit Settlement.
Western Union Financial Services, Inc. and The Western Union Company (“Western Union” or “Defendants”) have reportedly agreed to a proposed settlement of a class action lawsuit against Western Union in the United States District Court for the District of Colorado (captioned as Tennille v. The Western Union Co., Case No. 09-cv-00938-JLK) alleging, among other things, that Western Union failed to timely notify its customers of unredeemed Western Union Transactions in the U.S. who used Western Union’s money transfer services, according to the Western Union money transfer class action settlement notice.
The proposed Western Union settlement class reportedly includes, unless otherwise excluded,
All persons who initiated any Western Union Transaction (i.e., a consumer-to-consumer, consumer-to-business, or business-to-consumer money transfer transaction initiated using Western Union’s services, such as Dinero En Minutos, Envio Plus, Equity Accelerator, Mexico Giro Paisano, Money in Minutes, Money Transfer, Next Day, Quick Cash, Quick Collect, Quick Pay, Speedpay, and Swiftpay) in the U.S. on or after January 1, 2001 and on or before the date of Preliminary Approval, whose Western Union Transaction was not redeemed within 60 calendar days; and who either have not claimed their money transfer funds (nor had that money claimed on their behalf) from Western Union; or were informed by written communication that their money was about to escheat to the state, district, territory, or United States jurisdiction in which their money transfer was initiated, and who sought and received a refund of their money but did not receive a payment for interest that Western Union earned on the money.
The Western Union class action settlement reportedly provides that Western Union will create a Class Settlement Fund reportedly estimated to be about $180 million from which class members can make claims. The Western Union settlement also reportedly will create procedures to help class members recover money that was escheated as well as certain prospective relief regarding notices to customers of unredeemed funds. Claim forms reportedly will be mailed to settlement class members after the settlement become effective and all appeals resolved and the deadline to file the claims will reportedly be 180 calendar days after the Settlement Effective Date. The Western Union settlement has reportedly been approved by the district court, but appeals have been filed.
For additional information about the Western Union class action settlement you can write the Tennille v. Western Union Settlement Administrator at PO Box 3058, Portland, OR 97208-3058, send an email to info@MoneyTransferSettlement.com, call 1-877-316-3151 or visit the Western Union class action settlement website at moneytransfersettlement.com.