$600 Could Be Yours From This From Workout Equipment Class Action Settlement

If you purchased any iFIT equipment before January 23, 2023, you could be about to receive some unexpected money thanks to a recently reached class action settlement, following the lawsuit “Balfour et al. v. iFIT Health and Fitness, Inc.”.

First, it’s important that you know what you need to be eligible and receive any benefits under this agreement. The first thing you need to submit is a claim form by May 6, 2025. Do not leave it until the last minute and make sure that all your data is correct and thus you will avoid losing the money that corresponds to you, if you were affected by the iFit brand devices included in the lawsuit. Submitting this form is essential, as it is the only way to be considered to receive the benefits that the agreement offers.

However, if you disagree with any aspect of the agreement, you have the option of filing an objection. The deadline to do so is August 3, 2024. This step is also mandatory, if that is your position, because the Court must be notified about any disagreement you have with this reached settlement. However, you can only object if you are a member of the group and have not excluded yourself from the agreement.

Plaintiffs could claim an up-to $600 discount on the purchase of fitness equipment or services through iFits workout brands, including ProForm and NordicTrack.

Opting Out of the iFit Class Action Settlement

Another option you have is to opt out of the agreement, also known as “opting out.” The deadline for this is August 3, 2024. This is the only way to be able to be part of another lawsuit against iFIT about the legal claims settled by this agreement. It is important that you consider this option if you want to maintain the possibility of taking future legal action against iFIT. However, if you opt out, you will not be able to get any benefits from this agreement.

If you decide to object to the settlement and wish to be present at the fairness hearing, you must file a notice of intent to appear in Court by October 24, 2024. This will allow you to express your opinion directly at the fairness hearing that the Court will hold on November 7, 2024. Although it is not mandatory to attend, it is an opportunity to be heard if you have serious objections to the agreement.

You May Also Not Qualify to Get Cash

Furthermure, if you are a class member and do not submit a claim form, you will not receive any benefits from the settlement. In addition, you will waive your right to be a party to another lawsuit against iFIT regarding the legal claims settled by this agreement and you will be bound by the agreement and any judgment entered into. Therefore, it is crucial that you make an informed decision and act within the established deadlines.

Be sure to check to see if the fitness equipment you purchased is on the list of devices involved in this class action lawsuit. This information is vital in determining your eligibility for settlement benefits. If you have any questions, please check the official agreement page or contact the agreement administrator for more details and to clarify any concerns.

Devices Included in the Class Action Lawsuit