Most of us can walk into any big box or warehouse store and buy a case of bottled water for less than $10. But one Best Buy store in hurricane-devastated Texas was caught charging between $30 to $43 just for cases of water, leading to claims of price-gouging. Amid the blowback for its egregiously overpriced water, Best Buy is apologizing and claims it was all a mistake. [More]
ken paxton
People Holding Onto RadioShack Gift Cards Can Now File Refund Claims
By 12.4.15
If you’re one of millions of consumers holding on to an older RadioShack gift card, listen up: the retailer has begun the process of issuing refunds for the balance of those cards — totaling $46 million. [More]
RadioShack Agrees To Pay Outstanding Gift Card Balances Before Paying Other Debts
By 8.26.15
The state attorney general of Texas, home state of the company formerly known as RadioShack, wasn’t pleased that the electronics retailer went out of business with an estimated $46 million in gift cards outstanding. Normal bankruptcy procedure is that gift card holders who don’t cash in their cards before the deadline–usually 30 days after the company files for bankruptcy status — are out of luck. Thanks to the TX AG, the American public won’t have to shrug off the loss of that money… unless they lost their gift card. [More]
Texas Attorney General Still Seeks RadioShack Gift Card Justice
By 8.11.15
RadioShack still says that they can’t identify the purchasers or the holders of the estimated $46 million worth of gift cards that are still out there for the chain. While there are still RadioShack stores, those are owned by a different company and won’t accept the old gift cards. The Attorney General of Texas, Ken Paxton, wants to make sure that gift card holders know that the Shack owes them money. [More]
Texas Attorney General Says RadioShack Knowingly Sold Gift Cards That Would Soon Expire
By 7.30.15
If the leadership of a company knows that they’re about to file for bankruptcy, should they stop selling gift cards? That’s what the Attorney General in Texas contends: that RadioShack knew after the 2014 holiday season ended that it would be declaring bankruptcy soon, and that gift cards they had issued would lose their value at the time of the bankruptcy or shortly afterward. Yet they sold ’em anyway. [More]
There’s Still $43 Million In Outstanding RadioShack Gift Cards, And Texas Wants To Rescue It
By 6.19.15
When a retailer looks like it might be in danger of going out of business, we warn gift card holders to use their cards soon, before the company declares bankruptcy and the cards lose their value. Not everyone has the good sense to read Consumerist, though, and that’s why the Texas Attorney General wants the smoldering remains of RadioShack to put aside some money for gift card holders. [More]
