Without privacy class actions, large corporate defendants would be able to cause small amounts of harm over a large group of individuals without any risk of monetary penalty. Consumers have a right to privacy, and expect merchants to protect their credit card information.
Congress passed the Fair and Accurate Credit Transactions Act (FACTA) in December 2003, and since has been phased in gradually, requiring merchants with electronic card processing machines to comply. Now all companies that electronically print credit or debit card receipts must truncate numbers on the copy given to customers, and exclude expiry dates.
FACTA aims to curtail financial fraud and identity theft by standardizing what information can be printed on transaction receipts.
The federal law states: “No person that accepts credit cards or debit cards for the transaction of business shall print more than the last 5 digits of the card number or the expiration date upon any receipt provided to the cardholder at the point of the sale or transaction.”
If you have received a receipt from a restaurant, retailer, or other vendor, and you think that it had improper or sensitive financial details printed on it, your rights may have been violated and may aulify to file a FACTA class action lawsuit. If successful with the lawsuit, you could obtain compensation, even if no identity theft has occurred. Individuals who take legal action against vendors who printed too much information on their receipts may be able to collect between $100 and $1000.
Individuals who serve as lead plaintiffs in a FACTA class action lawsuit may be able to collect an incentive award for as much as $20,000.
You may qualify for a credit card receipt claim under the following circumstances:
It is possible if vendors don’t follow the federal Fair and Accurate Credit Transactions Act, known as FACTA.
If you have receipts from a retailer or vendor that includes more than the last five digits of your credit card or debit card number or any portion of the expiration date, you should save the evidence because may qualify to join a class action lawsuit.
A Class Action is a lawsuit brought by an individual on behalf of all other similarly situated individuals. Rule 23 of the Federal and State Rules of Civil Procedure allows for Class Action lawsuits to resolve disputes in an efficient format.
Class Actions are typically filed when the amount of money in dispute for a single plaintiff would not justify litigating the case, but where the amount of damages of the entire class of Plaintiffs would justify the cost of litigation. Without class actions, large corporate defendants would be able to cause small amounts of harm over a large group of individuals without any risk of monetary penalty.
Our Firm will help you find the answers. The Firm has the experience, resources and dedication to take on difficult and emotional cases and help our clients obtain the justice for the wrong they have suffered.
Experience: Joe Lyon is an experienced Cincinnati Class Action Lawyer. The Lyon Firm has 17 years of experience and success representing individuals and plaintiffs in all fifty states, and in a variety of complex civil litigation matters. Class Action lawsuits can be complex and require industry experts to determine the root cause of an accident or injury. Mr. Lyon has worked with experts nationwide to assist individuals understand why an injury occurred and what can be done to improve their lives in the future. Some cases may go to a jury trial, though many others can be settled out of court.
Resources/Dedication: Mr. Lyon has worked with experts in the fields of accident reconstruction, biomechanics, epidemiology, metallurgy, pharmacology, toxicology, human factors, workplace safety, life care planning, economics, and virtually every medical discipline in successfully representing Plaintiffs across numerous areas of law. The Lyon Firm is dedicated to building the strongest cases possible for clients and their critical interests.
Results: Mr. Lyon has obtained numerous seven and six figure results in personal injury, automotive product liability, medical Negligence, construction accidents, and auto dealership negligence cases. The cases have involved successfully litigating against some of the largest companies in the world
Filing Class Action lawsuits is a complex and serious legal course and can carry monetary sanctions if proper legal course is not followed. The Lyon Firm is dedicated to assisting injured plaintiffs work toward a financial solution to assist in compensating for medical expenses or other damages sustained.
We work with law firms across the country to provide the most resources possible and to build your case into a valuable settlement. The current legal environment is favorable for consumers involved in data misuse, data breach class actions, deceptive marketing lawsuits, TCPA telemarketing claims, and financial negligence claims.