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ARTICLE · 11 SEPTEMBER 2015

SoulCycle Hit With Class Action Complaint

Klein Moynihan Turco LLP
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The lawsuit essentiality alleges that SoulCycle sold "gift cards" to consumers that include expiration dates that were less than the five (5) year period allowed under various statutes.

United StatesConsumer Protection
David O. Klein
David O. Klein
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On August 25, 2015, a putative class action lawsuit was filed against SoulCycle, Inc. ("SoulCycle") in the United States District Court for the Central District of California, alleging violations by SoulCycle of the Credit Card Accountability, Responsibility and Disclosure Act ("CARD Act"), the Electronic Funds Transfer Act ("EFTA"), and various state statutes. The lawsuit essentiality alleges that SoulCycle sold "gift cards" to consumers that include expiration dates that were less than the five (5) year period allowed under various statutes. SoulCycle has yet to respond to the lawsuit, but may move to dismiss on the ground that it does not sell "gift cards" as defined by statute.

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