UPS May Have to Offer Free Shipping Vouchers
A judge is expected to order United Parcel Service Inc. next week to offer free shipping vouchers to customers as part of the settlement of a class-action lawsuit that alleged the company overcharged for package insurance. Under the settlement, UPS would offer vouchers to anyone who can prove they bought “excess value” package insurance between August 1994 and October 2003. The attorneys for the plaintiff argued that the Atlanta-based company charged consumers too much for the insurance. The two sides agreed on a tentative settlement in February. The U.S. District Court judge in New York’s Southern District scheduled a final hearing on the settlement for May 21, after which class participants are expected to begin applying for vouchers. The vouchers expire 180 days after they are issued.
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