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Visa Wins Class Action Over Gift Card Scam Lawsuit

6/24/2025

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Story summary
  • Visa successfully defended itself in a class action lawsuit over its prepaid "Vanilla" gift cards.
  • U.S. District Judge Gregory Woods deemed it unreasonable for consumers to expect complete scam protection.
  • The ruling acknowledged existing warnings and public awareness regarding card scams.
  • The lawsuit was filed by Ira Schuman after experiencing theft of his gift card funds.
  • Visa, based in San Francisco, has not issued a statement on the ruling.