Chicago based Groupon has been offering daily deals for its users since 2008. Users are able to leverage their collective buying power to gain greater deals. Up until now, most of the deals were imposed with expiration dates that ranged from a few weeks to months.
Groupon faced a class action lawsiut claiming that the expiration dates on the purchased coupons were illegal. The proposed settlement states that customers who bought Groupon vouchers prior to Dec. 1, 2011, can either redeem these past their expiration date, or obtain a refund.