Reynolds Products Settles $3 Million False Advertising Case Over Recyclability Claims
Reynolds Products Settles Recyclability Dispute: Consumers Eligible for Compensation
According to source, Reynolds Products, the parent company of Hefty and the maker of Walmart’s Great Value bags, has agreed to a $3 million settlement in response to a false advertising case regarding the recyclability of their bags. Despite admitting no wrongdoing, Reynolds settled to avoid further litigation costs. The case alleged that the recycling bags, promoted as suitable for recycling, were not actually recyclable in certain locations.
The false advertising claims centered around the bags being depicted in recycling bins and labeled as “perfect for all your recycling needs.” The settlement, applicable to those who purchased products marked “recycling” between July 20, 2018, and Aug. 30, 2023, allows consumers to claim a one-time $50 payment with proof of purchase for up to 25 items. Consumers without proof of purchase can still claim up to $12 for up to six items. The deadline to file a claim with proof of purchase is December 13, 2023.
Payouts cover 13- and 30-gallon bags from both Hefty and Great Value brands, requiring proof of purchase for claims. Claimants can file online through the settlement website or by mail, with postmarks meeting the deadline requirement and proof of purchase attached. Despite the settlement, Walmart was not directly involved in the case and does not impact the required proof of purchase for eligible claims.
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Companies Navigate Legal Resolutions: Proof of Purchase Crucial in Diverse Settlements
Additionally, Reynolds Products maintained their innocence, emphasizing the settlement as a practical resolution to avoid protracted legal proceedings, with proof of purchase serving as crucial documentation.In a related context, a data privacy suit with a November 30 deadline is approaching, potentially awarding thousands to customers affected by a data breach from a widely used marketing software, contingent upon providing proof of purchase.
Meanwhile, companies dealing with telemarketing calls are also entering settlement agreements, as seen with Freedom Financial Network, which is set to pay nearly $10 million, and affected individuals must submit proof of purchase for their claims. Some settlements, like tiny home grants in one state and a $400 tax rebate in Virginia, address various issues such as housing crises and financial compensation for affected individuals, with proof of purchase as a key requirement for eligibility.