Mattress Firm, Inc. $4,900,000 Settlement

A settlement has been reached in the class action lawsuit of Payero et al. v. Mattress Firm, Inc. et al. The lawsuit alleged that the defendants manufactured, distributed, and sold Bed Tech-brand bed frames that were defective and prone to collapse, posing a crush hazard that could result in severe injury or death. The defendants deny any wrongdoing and maintain that their previously instituted recall was sufficient to address any alleged defects.

$4.9 Million Settlement

The total value of all valid claims under the settlement shall not exceed $4.9 million. If the total value of claims exceeds this amount, the amounts of the gift card payments and refunds will be reduced proportionally. The specific settlement amount for each class member is not provided.

Key Dates to Remember

The court granted the final approval of the settlement on August 16, 2023. The claim deadline was August 4, 2023.

Who are the Class Members?

The settlement impacts residents of the United States who purchased a Bed Tech HR Platform bed frame bearing Model Nos. HR33, HR33XL, HR46, HR50, HR60, or HR66 between April 8, 2015, and April 8, 2021.

Excluded from the class are defendants and their employees, judges assigned to the case and their immediate families, and individuals who timely submit a request for exclusion from the class.

What Can Class Members Claim?

Settlement class members have the option to submit a claim for either a full cash refund by returning their Class Product to any Mattress Firm store within two years of the Effective Date or keeping their Class Product and receiving a $125 Bed Tech gift card.

Is Proof Required to Claim the Reward?

Yes, proof is required to claim the reward; Claimants must submit proof of purchase of a Bed Tech HR Platform bed frame bearing Model Nos. HR33, HR33XL, HR46, HR50, HR60, or HR66 between April 8, 2015, and April 8, 2021.

Why is There a Class Action Settlement?

The plaintiffs alleged that the defendants manufactured, distributed, and sold Bed Tech-brand bed frames that were defective and prone to collapse, posing a crush hazard that could result in severe injury or death. The defendants deny any wrongdoing and maintain that their previously instituted recall was sufficient to address any alleged defects. The settlement was reached to avoid the uncertainty and cost of further litigation.