Case management set in Visa gift cards class action

Amelia Flood Jul. 18, 2011, 10:19am


A case management conference is set in a proposed class action brought over decreases in the value of Visa gift cards.

Meanwhile, an Aug. 5 hearing on a motion to dismiss the suit filed by Visa and the other defendants in the suit is already set.

Madison County Circuit Judge William Mudge is set to hold a case management conference in the suit filed by proposed lead plaintiffs Karen and Gene Rhodes the week before at 9 a.m. July 29.

The Rhodeses claim that they and other Illinois consumers were gypped when Visa gift cards they purchased lost value due to undisclosed fees.

The plaintiffs filed suit on behalf of what could be an Illinois class of gift card purchasers last year.

If certified, the suit would include four sub-classes.

The 2010 class action names Visa, Services Credit Union, and 1st MidAmerica Credit Union - formerly Olin Community Credit Union as defendants.

The defendants deny the suit's claims.

The defendants have moved to dismiss the case arguing that its claims are "factually

The defendants cite written notice on the back of the cards that $3 monthly administrative fees will begin seven months after the card's activation and the statute of limitations.

Mudge had been set to hear the motions June.

Mark Goldenberg represents the plaintiffs and proposed class.

The case is Madison case number 10-L-1155.

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