Anyone else seen this and is it true?
UNITED STATES DISTRICT COURT
FOR THE NORTHERN DISTRICT OF CALIFORNIA
If You Used TurboTax Online and Opted to have your TurboTax Fees Deducted from your Tax Return for a Fee,
You May Be Eligible for a Payment from a Class Action Settlement.
A $6.55 million proposed settlement has been reached in a class action lawsuit against Intuit, Inc. regarding the Refund Processing Service products ("RPS") available on TurboTax online that allow TurboTax customers to choose to pay their TurboTax fees by deducting the amount owed from their tax refund for a fee (typically $29.95). Intuit, the owner of TurboTax, denies the claims in the lawsuit and maintains there was nothing wrong with the practice. The Court has not decided which side is right.
Who's Included In The Class? Intuit's records show you are a Settlement Class Member. The Settlement Class includes anyone who used TurboTax's Online Refund Processing Service, from January 12, 2008 through May 28, 2013.
What Are the Settlement Terms? Intuit has agreed to establish a Settlement Fund of $6.55 million. You cannot receive a payment unless you submit a claim form. Information regarding how to fill out and submit claim forms can be found online at www.TurboTaxClassAction.com or by calling 1-888-980-9394. Claim forms may be submitted online.
Your Rights May Be Affected. If you do not want to be legally bound by the settlement, you must exclude yourself by September 23, 2013. If you stay in the settlement, you may object to it by August 28, 2013. Instructions on how to exclude yourself or object are contained in the detailed notice at the website listed below. The Court will hold a hearing on September 27, 2013, at 9:00 a.m. to consider whether to approve the settlement, Class Counsel's request for attorneys' fees of up to 25% of the value of the Settlement Fund, reimbursement of expenses, and service award for the Class Representatives. You can appear at the hearing, but you do not have to. You can hire your own attorney, at your own expense, to appear or speak for you at the hearing. For more information, call or visit the website.