If You Bought a Gaiam Aluminum Water Bottle, You May Be Entitled to a Free Replacement Bottle Under A Class Action Settlement.
A class action settlement has been reached in a class action lawsuit pending against Gaiam, Inc. (“Gaiam” or “Defendant”) in the United States District Court for the District of Colorado (styled Smith v. Gaiam, Inc. and Tozer v. Gaiam, Inc., Class Action Case Nos. No. 1:09-cv-02545-WYD-BNB and No. 1:10-cv-00544-WYD-BNB) alleging, among other things, that Gaiam made certain misstatements and omissions related to its advertising and marketing of aluminum water bottles, including whether the aluminum water bottles contained trace amounts of a plastic component called bisphenol A (“BPA”), according to the Gaiam Aluminum Water Bottle class action settlement notice.
The Gaiam Aluminum Water Bottle class action settlement reportedly provides that Gaiam has agreed to establish an exchange program whereby the aluminum water bottles may be exchanged for new replacement water bottles. Gaiam has agreed to pay all shipping and handling costs associated with the exchange program. In addition, Gaiam has agreed to pay the costs associated with notifying Class Members and administering the Gaiam Aluminum Water Bottle class action settlement; pay incentive awards of a total of $2,000 to the two named Plaintiffs, and pay certain amounts for attorneys’ fees and expenses.
On April 5, 2011, at 9:00 a.m., the Court is scheduled to hold a class action settlement fairness hearing in the U.S. District Court for the District of Colorado, 901 19th Street, Denver, Colorado 80294, in Courtroom A-1002, to determine whether the Class was properly certified and whether the proposed Gaiam Aluminum Water Bottle Settlement is fair, adequate, and reasonable.
For more information on the Gaiam Aluminum Water Bottle class action lawsuit settlement and/or for updates on the class action settlement, visit the Gaiam Aluminum Water Bottle class action settlement website:
www.gaiam.com/category/content/water-bottle-exchange-info.do
If You Have Thoughts On The Gaiam Aluminum Water Bottle Class Action Lawsuit Settlement, Share Your Class Action Comments Below.