LA judge gives final approval to $7.4 million consumer lawsuit accord

Kesq
A Los Angeles judge approved a $7.4 million settlement in a class-action lawsuit against Trader Joe's over credit card data privacy concerns.

Summary

A Los Angeles Superior Court Judge approved a $7.4 million settlement in a class-action lawsuit against Trader Joe's Co., where stores allegedly printed customer credit card numbers beyond the legally permitted five digits, creating identity theft risks. The federal law restricts receipt printing to the last five digits, but the company faced opposition from four class members who did not challenge the adequacy of the settlement itself. Judge Elaine Lu concluded the resolution was fair, adequate, and reasonable, granting final approval on Monday.

(Source:Kesq)

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