MONEY SPINNER: Americans to Get One-Time Payment from $9.2m Skincare Settlement
According to The Sun USA, Beauty enthusiasts may be eligible for a share of a multi-million dollar payout after a popular skincare brand was accused of misleading consumers.
Dr. Dennis Gross Skincare has agreed to a $9.2 million settlement to resolve allegations that it misled customers about the collagen content in some of its products. Although the brand has not admitted any wrongdoing, this settlement will conclude the ongoing litigation.
The class action lawsuit, filed in New York in March 2023, accused the company of “false advertising” regarding its “C+Collagen” product line. The complaint claimed that since around 2016, the brand had been deceiving customers as the competitive $300 billion cosmetics industry flourished.
“In an attempt to differentiate their products from others on the market, [Dr. Dennis Gross Skincare] began selling a line of fake collagen cosmetic products that do not contain any collagen whatsoever,” the lawsuit alleged.
Instead of containing collagen, a protein known for enhancing elasticity, rejuvenation, and moisture, the complaint asserted that the product line contained “vegetable amino acids which are neither collagen nor collagen amino acids.” The lawsuit further claimed that the skincare brand did this, knowing customers would be “willing to pay more for collagen.”
Eligible customers could receive up to $500 from the skincare company as part of the settlement. To qualify, shoppers must have purchased any products from the Dr. Dennis Gross Skincare C+Collagen range between March 10, 2016, and June 28, 2024.
While the exact payout amount may vary based on the number of claims submitted, class members can claim $50 for each product purchased during this period. Those without a receipt can receive a maximum of $100 for two items. However, with proof of purchase, shoppers can claim up to 10 C+Collagen products, potentially receiving up to $500.
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Key Dates
To receive the payout, claimants must be aware of several important deadlines.
All claim forms must be submitted by September 27, 2024. Claims can be filed on the settlement website. Additionally, class members must decide by this date whether to exclude themselves from the settlement. Excluding oneself allows the retention of legal rights, enabling future legal action against the brand. Those who fail to file a claim or exclude themselves will miss out on any payment and lose the opportunity to claim in the future.
Furthermore, any objections to the terms of the preliminary agreement must also be submitted to the court by September 27, 2024. The final approval hearing is scheduled for October 31, 2024.
In other news, first-time homebuyers may be eligible for a $20,000 down payment if they meet four specific criteria.
