We previously discussed the tactic of attempting to evade Class Action Fairness Act scrutiny of coupon settlements by calling the coupons "gift cards." Briefing is now complete in In re Online DVD Antitrust Lit., No. 12-15705 (9th Cir.), and we can expect oral argument some time in 2013. Wal-Mart recognized that it didn't make sense for them to spend money on defense counsel defending a class action settlement designed to benefit the plaintiffs' attorneys, and did not file a brief.
(The Center for Class Action Fairness is not affiliated with the Manhattan Institute.)