Attention all Trader Joe’s shoppers: The deadline to file a claim for a payment from a $7.4 million class-action settlement is quickly approaching. The settlement, resulting from a 2019 lawsuit alleging that Trader Joe’s violated the Fair and Accurate Credit Transactions Act (FACTA) at some of its stores, is set to be finalized soon.
The lawsuit, brought by plaintiff Brian Keim, claimed that Trader Joe’s put customers at risk for identity theft by printing transaction receipts that displayed the first six and last four digits of customers’ credit or debit card numbers. Despite no reports of identity theft linked to these allegations, Trader Joe’s agreed to settle the case to avoid further litigation.
Eligible claimants have until June 9 to file for a potential payout of up to $102 from the settlement. However, the settlement still needs court approval, with a hearing scheduled for August.
So who can benefit from this settlement? Only customers who made a purchase at a Trader Joe’s store between March 5, 2019, and July 19, 2019, and received a receipt displaying the first six and last four digits of their card number qualify for compensation. Those unsure if they are included in the settlement class can visit the settlement website or call the hotline for more information.
Each eligible claimant is estimated to receive around $102.45 from the settlement fund, pending final approval. Checks will be distributed within 10 business days after approval, barring any appeals.
To file a claim, eligible customers can submit their information through the form on the settlement website by the June 9 deadline. This process ensures that all affected individuals have the opportunity to receive their share of the settlement.
In summary, the Trader Joe’s settlement highlights the importance of safeguarding customer data and addressing potential vulnerabilities in payment processing systems. By taking action to compensate affected individuals, Trader Joe’s aims to resolve the issue and prevent similar incidents in the future.
