SRC Agrees To Settle False Marketing Claims
The Sports Research Corporation agreed to settle a class action lawsuit claiming that the company falsely advertised its products.
The Class Action Lawsuit was filed by lead plaintiffs Daniel Rossi and Mark Hinkle in a California federal court in January 2020.
The lead plaintiffs alleged that the Sports Research Corporation (SRC) untruthfully advertised its products Turmeric Curcumin C3 Complex and Premium MCT Oil.
According to the class action lawsuit, the products in question were marketed as containing additional health benefits that they cannot provide, including having antioxidants, healthy fats, antibacterial and antimicrobial properties.
It adds that the company has intentionally misled their customers into buying the products by adding benefits that they do not contain so they will be able to sell the products at a higher price to health-conscious customers.
The class action lawsuit also states that the company’s deceitful action infringes various laws such as California’s False Advertising Law (FAL), California’s Consumer Legal Remedies Act (CLRA), and California’s Unfair Competition Law (UCL)
The Sports Research Corporation did not acknowledge any charges and allegations against them.
The company believes that they did not commit any wrongdoing or breach any law.
Despite this, SRC has agreed to the proposed settlement to resolve the issue.
The settlement estimates that SRC could sell around 700,000 pieces of the MCT Oil and Turmeric product from 2016 to 2019.
According to the settlement terms, any individual residing in the United States who has purchased the covered products, MCT and Turmeric, manufactured by the Sports Research Corporation, is considered a class member.
The covered products should have been bought between the approved class period, which was on January 9, 2016, and January 9, 2020.
The purchase should only be for personal use. The settlement does not cover resale and distribution purchases.
Class members would need to submit a valid claim form to receive the compensation.
They would only need to submit one claim form regardless if they made multiple purchases of the covered products.
Affected class members were notified via email, mail, internet campaign, and through the settlement website.
The notification included details on how to submit the claim form.
Eligible class members who were able to submit valid claim form before the deadline may receive the following compensation:
- A $7 voucher that can be used to buy products sold or produced by SRC. The voucher is transferable and valid for one year.
- A $3 cash compensation
The deadline for class members to submit a claim form was 120 days after the proposed settlement has been approved.
It has already passed, which was on February 23, 2021.
The deadline for objecting and opting out has already passed and was scheduled for February 23, 2021.
The agreed settlement was scheduled for a final hearing on March 26, 2021.
Editor’s Note on Sports Research Corporation Settlement:
This article is published to inform you of the latest settlement the Sports Research Corporation has acknowledged to pay to resolve false advertising claims on their products.
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