SquareTrade Protection Plan Lawsuit
Settlement Approved in SquareTrade Lawsuit
Lawyers from Gibbs Law Group, along with co-counsel, reached a classwide settlement with SquareTrade in this class action lawsuit. The settlement provides full relief for class members who were underpaid by SquareTrade in connection with a protection plan, as well as meaningful injunctive relief to ensure that consumers are aware of their rights under SquareTrade’s protection plans going forward.
On March 1, 2023, the Court granted final approval of the settlement.
The claims period is now closed. For questions regarding the settlement, including payment of claims, please visit the settlement website, here.
SquareTrade Lawsuit Amended Complaint
Gibbs Law Group filed this lawsuit against SquareTrade on April 20, 2020. The complaint describes SquareTrade’s sale of protection plans for products sold at retailers, including Sam’s Club, and Costco. When a consumer purchases a product, like a backpack or a television, the consumer can also purchase a protection plan from SquareTrade, as described in the lawsuit. For a flat fee, as alleged, SquareTrade promises replacement, reimbursement, or repair in the event of damage during a fixed time period.
However, we alleged that SquareTrade does not pay consumers the full amount to which they are entitled when they make a reimbursement claim. Instead, we alleged, SquareTrade pays out only a portion of the purchase price promised under the protection plan.
Read the most current complaint here: SquareTrade Lawsuit – Second Amended Class Action Complaint
Our Consumer Protection Practice
For over three decades, our consumer class action attorneys have challenged unfair business practices that erode consumers’ trust in the marketplace. Working at the forefront of consumer protection issues, our attorneys have recovered over a billion dollars on behalf of our clients. Our consumer attorneys have taken on many of the world’s largest corporations, securing record-breaking settlements and establishing our reputation as skilled and trusted advocates.
We have prevailed against some of the world’s largest corporations, in high stakes litigation on behalf of millions of consumers, including:
Our Consumer Protection Attorneys
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