Claim Your Share of the IKEA Privacy Agreement

IKEA, Sweden’s favorite purveyor of flat furniture and lingonberry jam, is in trouble. No, not because of the traces of horse DNA found in their meatballs (at least not this time) — no, it’s because of a class action lawsuit in which they were held liable for violating the privacy of potentially millions of customers over the course of two years. .

IKEA was sued for printing receipts that contained enough credit card numbers to violate federal privacy law. According to the settlement, IKEA violated the Fair and Accurate Credit Transactions Act (FACTA) by printing more than the last five digits of payment card numbers on electronically printed receipts. numbers, potentially putting many customers’ credit information at risk. In the settlement, they agreed to pay $24.25 million to a pool of affected clients, which probably includes you.

Who is eligible for an IKEA calculation?

If you used a debit or credit card at any IKEA retail store between October 18, 2017 and December 31, 2019 and received an electronically printed receipt (i.e. all receipts) showing the first six and last four digits of the number payment card, then you have the right to become a member of the class.

While you do not need to provide proof of receipt, the claims administrator will verify the written information you provide on the claim form against transaction data from IKEA. If the information does not match, you will not be included as a member of the class.

Some people have already received an email or postcard about the settlement. This means that IKEA has already indicated that you may be a member of the settlement group, according to their records.

The deadline for filing a claim is May 4, 2023.

How much can I get for a settlement?

According to the agreement, $24.25 million will be divided equally among all those with valid claims. They expect 5% to 10% of those affected to file a lawsuit, resulting in class members receiving $30 to $60 for their problems.

You can file a claim here . If you have questions about class action settlement, please see our FAQ here .

More…

Leave a Reply