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Groupon to Settle Class-Action Lawsuit for $8.5 Million

Groupon Inc., the biggest seller of so-called daily deals, agreed to pay $8.5 million to settle a class-action lawsuit alleging the expiration dates on its coupons are illegal.

Customers who bought Groupon vouchers before Dec. 1, 2011 can either redeem these past their expiration date or, if they are unable to do so, obtain a refund from the $8.5 million fund, according the proposed settlement filed March 29 in federal court in San Diego. Residents in some states can seek refunds only for vouchers sold after Aug. 22, 2010, according to the filing.