IKEA, that beloved Swedish purveyor of flat-pack furniture and lingonberry jam, is in some hot water. No, not for him traces of horse DNA found in their meatballs (not this time, anyway)—no, it’s because of a class action lawsuit that found them liable for violating privacy of potentially millions of customers over the course of two years.
IKEA was sued for printing receipts that included enough payment card digits to violate a federal privacy law. Under 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; between 2017 and 2019, the retailer printed the first six and last four issues of the cards. numbers, which could put the credit information of many customers at risk. In the settlement, they agreed to pay $24.25 million to the affected customer group, which likely includes you.
Who qualifies for the IKEA agreement?
If you used a debit or credit card at any IKEA retail store between October 1. December 18, 2017 and Dec. 31, 2019 and you received an electronically printed receipt (which is all your receipts) that shows the first six and last four digits of your payment card number, then you are eligible to be a Class Member.
Although you are not required to submit proof of receipt, the claims administrator will verify the written information you provide on the claim form against the IKEA transaction data. 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 Class, based on its records.
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The deadline to request the claim is May 4, 2023.
How much can I get for the settlement?
Under the agreement, the $24.25 million will be divided equally among all those with a valid claim. They expect 5% to 10% of those affected to file a claim, which would put class members in the running to receive $30 to $60 for their troubles.
Can file your claim here. If you have questions about the class action settlement, see the FAQ here.
