Tag: Groupon

Securities class action filed against Groupon

April 27, 2012 by

A securities class action lawsuit against Groupon was filed in Illinois on behalf of investors.  The complaint, filed April 16, 2012, in the United States District Court for the Northern District of Illinois, alleges that Groupon violated the federal securities laws by issuing false and misleading statements to investors. The class action is intended to

Groupon settles class action

April 9, 2012 by

Groupon, Inc. (GRPN), the biggest seller of so-called daily deals, agreed to pay $8.5 million to settle a class action lawsuit alleging the expiration dates on its coupons are illegal.  Customers who bought Groupon vouchers before December 1, 2011 can either redeem these past their expiration date or, if they are unable to do so,

Groupon sued in overtime class action

October 12, 2011 by

A group of former employees has filed a class action suit against Groupon over unpaid overtime.  The plaintiffs, known as “deal vetters,” claim that the company failed to pay overtime to employees that worked more than 40 hours a week.  Deal vetters’ responsibilities included reviewing the terms of the transactions between Groupon and the merchants

Groupon faces employee suit over overtime

September 23, 2011 by

A class action has been filed on behalf of hundreds of Groupon sales department employees alleging the company failed to pay overtime.  The suit was filed last month in the Illinois Northern Federal District Court in Chicago. The suit demands back wages for three years plus punitive damages for non-payment of overtime.