Visa Gift Card Customers File Class Action Lawsuit Complaint Against Visa, Services Credit Union and Olin Community Credit Union Over Alleged Reduced Value Of Visa Gift Cards.
A class action lawsuit has been filed against Visa (“Visa”), Services Credit Union (“Services Credit Union”) and Olin Community Credit Union (“Olin Community Credit Union”) (collectively “Defendants”) in Madison County Circuit Court in Illinois (styled Karen and Gene Rhodes v. Visa, Services Credit Union and Olin Community Credit Union, Class Action Case No. 10-L-1155) alleging, among other things, that Defendants engaged in purported deceptive practices by reducing certain Visa gift cards’ value each month by deducting administrative fees of $2.50, according to a class action lawsuit news report.
The Visa gift card class action lawsuit complaint is reportedly brought on behalf of all Illinois citizens who bought a Visa gift card from Services Credit Union or Olin Community Credit Union and had the card’s value reduced before its expiration date.
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