Over 430,000 consumers, who purchased and deposited money on NetSpend Corporation (“NetSpend”) prepaid debit cards will receive refund checks from the Federal Trade Commission (“FTC”), totalling more than $10,000,000 as part of NetSpend’s settlement with the FTC.

In November 2016, the FTC charged NetSpend with violations of the FTC Act alleging NetSpend deceptively advertised that:…