SHOPPERS are in line to get a payout of over $3,000 from a $32 million settlement.
The money is being handed out by Synta Technology Corporation to settle claims it conspired to fix telescope prices.
GettyAn extra $3,000 will be given to each class member on top of the awarded amount – which has yet to be determined[/caption]Synta is a manufacturer of telescopes and optical components headquartered in Taiwan.
Celestron is one of its best-selling telescope lines.
But Synta has been accused of conspiring to unfairly raise telescope prices, with shoppers claiming they had to pay more for telescopes than they otherwise would have.
The settlement benefits consumers who purchased a Celestron, Orion, Skywatcher, Zhumell or Meade telescopes between January 1, 2005, and September 6, 2023.
These purchases must have occurred while the buyer was located in specific states – more than two dozen are listed, including New York, California, Florida and Massachusetts – according to the class action lawsuit.
Synta has not admitted any wrongdoing but agreed to pay $32 million to resolve these allegations.
While the amount awarded to each class member has yet to be determined, each claimant will get an extra $3,000 in “service awards”, as per the order.
To receive the benefits, class members must submit a valid claim form by May 20, 2025.
The deadline for exclusion and objection is Feb. 13, 2025.
The final approval hearing for the settlement is for April 3, 2025.
Meanwhile, Americans can pocket up to $200 in money from Chase Bank.
JPMorgan Chase, or Chase Bank, is the largest bank in the US with roughly $3.5 trillion in assets.
The company serves over 82 million consumers and is working to pull in more, offering prospective clients a sign-up deal.
Those who sign up for a Chase Freedom Unlimited credit card can score an intro offer and earn up to $200.
New cardholders must sign up and spend $500 on the card within the first three months of opening their account.
The Chase Freedom Unlimited card has no annual fee and customers can get several cashback rewards when using the credit card.
Cardholders will earn 5 percent cash back on travel purchases made through Chase Travel, the company’s premier rewards program, which allows users to redeem points for cash back, travel, gift cards, and more.
Customers can also redeem 3 percent cashback on drugstore purchases as well as dining in restaurants, including taekout.
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