Trader Joe's customers to get payouts under $7.4 million settlement
Summary
Trader Joe's agreed to pay up to $7.4 million to settle a lawsuit over receipts that showed too many credit card digits, which might risk identity theft. Customers who shopped at Trader Joe's from March to July 2019 and submit a claim form by June 9 can receive a payment.Key Facts
- The lawsuit began in 2019 after a customer found receipts printed with the first six and last four digits of credit cards.
- A 2003 federal law says receipts must not show more than the last five digits of credit or debit cards.
- Trader Joe’s did not admit wrongdoing but settled to avoid more court cases.
- The $7.4 million settlement includes payments to affected shoppers and lawyers’ fees.
- Eligible shoppers are those who visited Trader Joe’s stores between March 5, 2019, and July 19, 2019.
- The estimated payout per valid claim is about $102.45.
- Customers can file claims online, by mail, or by phone without needing the original receipts.
- The deadline to file a claim is June 9, with a final court decision expected on August 10.
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