A proposed multi-state settlement that could help consumers who bought RadioShack gift cards get their money back is awaiting bankruptcy court approval, according to the Pennsylvania Attorney General's Office, PennLive.com reported yesterday. The proposed settlement, which the office says is supported by attorneys general from at least five other states, would apply to consumers nationwide, and would not impose any minimum dollar threshold for consumer claims related to unredeemed gift cards. The settlement would give priority status to claims in RadioShack’s bankruptcy case related to gift cards purchased by consumers.
