Sharper Image Facing Gift Card Suit
The Sharper Image had enough trouble just going bankrupt and closing all of its stores. Now, the chain may be facing a class action by gift card holders whose cards were not honored.
According to the Wall Street Journal, U.S. Bankruptcy Court in Delaware has approved a request from one cardholder for class certification, and “thousands” of other cardholders are said to be ready to join the class. The priority now for the class, their lawyer told the Journal, is to move up the list of creditors waiting to be made whole by the company.
Sharper Image closed all its stores earlier this year, but hopes to remain in business through its Web site and catalogs.