Ashley Furniture Settlement for Deceptive Pricing

TL;DR

Who Benefits?: Individuals in the United States who purchased items from Ashley Furniture at a discount.

How much can I get?: Eligible claimants may receive a voucher for $30  toward any purchase at ashleyfurniture.com or in any of Ashley’s corporate-owned stores

Understanding the Ashley Furniture Settlement

The proposed settlement arises from a class action lawsuit alleging that Ashley Furniture engaged in deceptive advertising practices. Specifically, the lawsuit claimed that Ashley Furniture advertised discounts from regular or original prices that were purportedly improper. While Ashley Furniture denies any wrongdoing, and the court has not made a decision on the merits of the case, a settlement has been reached to avoid the costs and risks associated with continued litigation.

The settlement agreement, if given final approval by the court, will result in eligible class members receiving a voucher, which may be applied for up to $30 and can be used for future purchases at Ashley Furniture. This voucher is intended to compensate class members for any potential overpayment resulting from the alleged deceptive advertising practices.

Important Dates

There are several critical dates that potential claimants should be aware of:

• Fairness Hearing: January 19, 2024
• Deadline to File a Claim: December 23, 2023

Who Are the Settlement Class Members?

Class members include all individuals in the United States who, during the class period, purchased one or more products at a price advertised as a discount from a regular or original price at one of Ashley's corporate-owned stores or from ashleyfurniture.com. The class period is defined as purchases made online between April 13, 2018, and March 31, 2022, and in-store purchases made between March 9, 2017, and March 31, 2022.

Exclusions from the class include Ashley's counsel, its officers and directors, and the judge presiding over the action.

Settlement Awards for Class Members

Each class member who submits a valid claim by the deadline is entitled to receive one voucher. This voucher can be applied for up to $30 toward any purchase at ashleyfurniture.com or in any of Ashley's corporate-owned stores. The vouchers are transferable but cannot be sold or offered for sale.

Additionally, vouchers will expire after 180 days and will not be replaced if lost or stolen. Individuals must also use the entire voucher amount in a single purchase, as no residual value will be given if the redeemed amount is less than the voucher amount.

Products Involved in the Settlement

The settlement encompasses all products purchased at a discounted price from Ashley Furniture during the specified class period. This includes purchases made both online and in corporate-owned stores outside California.

Is Proof Required to Claim the Reward?

Claimants must properly and timely complete and submit a claim form to receive their voucher.

The Basis for the Class Action Settlement

The class action lawsuit was initiated to address allegations of deceptive advertising practices by Ashley Furniture. The settlement represents a resolution to these claims, allowing class members to receive compensation without the need for a trial. The next steps involve a fairness hearing where the court will consider final approval of the settlement terms.