Trader Joe's Settles Receipt Lawsuit for $7.4 Million

Trader Joe's has agreed to pay $7.4 million to settle a class action lawsuit accusing the grocery chain of violating federal consumer protection laws by printing excessive credit and debit card information on customer receipts in 2019.

The lawsuit, filed by Florida resident Brian Keim in July 2019, alleged that certain Trader Joe's stores issued receipts displaying both the first six and last four digits of customers' card numbers during transactions between March 5 and July 19, 2019. This practice breached the Fair and Accurate Credit Transactions Act, or FACTA, which prohibits retailers from printing more than the last five digits of a card number on point-of-sale receipts to reduce identity theft risks. Keim claimed the disclosure invaded his privacy and exposed personal financial details to store employees and others who might handle the receipt. Court documents indicate the issue affected approximately 757,663 unique card numbers, though Trader Joe's emphasized that not all stores were involved and only a small fraction of transactions produced such receipts.

Trader Joe's has denied any wrongdoing and stated it is unaware of any identity theft cases linked to the receipts....