A settlement has been proposed in a class action lawsuit pending in the Ventura County Superior Court titled Press, et al. v. J. Crew Group, Inc. et al.. The lawsuit alleges that J. Crew engaged in deceptive advertising by advertising false reference prices on merchandise on the J. Crew Factory website, and in J. Crew Factory and/or J. Crew Mercantile stores in California, New York, and New Jersey. Specifically, Plaintiffs Adam Press, Dana Delman, and Caron Coladonato (the “Representative Plaintiffs”) filed a lawsuit against J. Crew on behalf of themselves and all others similarly situated. The lawsuit alleges that J. Crew engaged in deceptive advertising by advertising false reference prices on merchandise on the J. Crew Factory website, and in J. Crew Factory and/or J. Crew Mercantile stores in California, New York, and New Jersey. J. Crew denies each and every one of the allegations of unlawful conduct, any wrongdoing, and any liability whatsoever, and no court or other entity has made any judgment or other determination of any liability. J. Crew further denies that any Class Member is entitled to any relief and, other than for settlement purposes, that this Action is appropriate for certification as a class action. J. Crew has agreed to provide Class Members with a Settlement Voucher or Settlement Vouchers that may be used on any purchase on the J. Crew Factory website or in a J. Crew Factory or J. Crew Mercantile store in California, New York, or New Jersey.

Class Members who receive direct notice of this Settlement via email or postcard shall automatically receive one (1) Settlement Voucher for $8 off any purchase. Class Members who did not receive direct notice of this Settlement via email or postcard, but who purchased merchandise from the J. Crew Factory website or J. Crew Factory or Mercantile stores in California, New York, or New Jersey during the Class Period, shall also receive one Agreement of Settlement 6 Questions? Visit www.OSPricingSettlement.com or call toll-free 1-888-337-8725 (1) Settlement Voucher for $8 off any purchase, but only if they complete and submit a timely and valid Claim Form, subject to penalty of perjury. Class Members who purchased $100 or more (exclusive of returns) in merchandise from the J. Crew Factory website or J. Crew Factory or J. Crew Mercantile stores in California, New York, or New Jersey during the Class Period may receive one (1) additional $8.00 Settlement Voucher, provided they submit a complete, valid and sufficient Claim Form, subject to penalty of perjury, along with proof of their purchases totaling $100 or more (exclusive of returns). Acceptable proof of purchases include (a) receipt(s) clearly showing the date of purchase(s) and the total of the purchase(s), or (b) a credit or debit card transaction record clearly showing the date of purchase(s) and the total of the purchase(s). Copies of such documents must be attached to the Claim Form whether submitted electronically or by postal mail. The proof of purchase must include sufficient information to allow J. Crew to verify the purchase(s). Settlement Vouchers are single-use vouchers usable for the purchase of any merchandise on the J. Crew Factory Website or in any J. Crew Factory or J. Crew Mercantile stores in California, New York, or New Jersey and will be valid for six (6) months from the date of issuance. No minimum purchase is required. The Settlement Vouchers may be used with any other discounts or promotions, and on any items that are on sale or otherwise discounted. The Settlement Vouchers shall not be redeemable for cash (including no cash back), may not be applied to past purchases, may not be used to purchase gift cards, and will not be replaced if lost, stolen, damaged or expired. The Settlement Vouchers are fully transferable.

A more detailed description of the Settlement and important court documents may be found at  http://www.ospricingsettlement.com