IKEA buyers are now eligible for paying a pursuit of $ 24 million

You could be due to the money of the retail giant.

Buyers are known to spend the whole day in ikea , dragging in the alleys of affordable furniture and stuffing the stomach with Swedish meatballs. It is therefore sure to say that you can easily accumulate a nice penny in one of the stores in this retailer. But now Ikea may have to pay You . The furniture giant agreed to pay $ 24 million to settle allegations that it raped the privacy of consumers. Read more to find out if you are eligible for a payment of this new prosecution regulations.

Read this then: 6 warnings to buyers of IKEA employees .

Retailers are not allowed to print whole card numbers on receipts.

printing receipt at cash register
Simon Kadula / Shutterstock

If you have already examined your receipt after paying, you have probably noticed that your debit or credit card number was not listed. This is because it is illegal under federal law. The law on fair and precise transactions (Facta) Obligation of all companies To shorten information on financial accounts on credit and debit receipts electronically printed since December 2006, according to the Federal Trade Commission (FTC). AE0FCC31AE342FD3A1346EBB1F342FCB

"You can include more than the last five digits of the card number and you must delete the expiration date of the card," said the FTC on its website. The legislators have adopted this requirement to ensure that companies protect private information from their consumers against criminals - such as "the card numbers on sales receipts are a" gold ticket for fraudsters and identify thieves " , according to the FTC.

But Ikea was accused of having violated this law.

Mini supermarket trolley cart with Ikea receipt. Ikea is a furniture retail company that sells furniture, kitchen appliances and home accessories.

A consumer recently said that Ikea did not adhere to this requirement. In October 2019, applicant Willard D. Richardson filed a complaint Against Ikea North America Services, LLC. In the upper courts of the County of Los Angeles. With its collective appeal, Richardson accused the retail giant of vafection By including more figures than on its electronically printed receipts, the best collective appeals have reported. According to the media, Ikea has printed the first six and four figures for card numbers.

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The retailer agreed to set up this trial for more than $ 24 million.

ikea store
NP27 / Shutterstock

Ikea denies allegations in Richardson's trial and will not admit any reprehensible act. But the retailer has agreed to settle Collective appeal outside the court in order to avoid a trial. Consequently, IKEA must pay $ 24,250,000 to resolve facta violation complaints. But the regulations not only cover Richardson. It covers all members of the settlement class, who may include many of us who have bought Ikea in the past.

In this case, whoever used a debit or credit card to make a purchase in an IKEA retail store in the United States between October 18, 2017 and December 31, 2019 can benefit from the regulations. These consumers are considered to be class members if they "received an electronic print receipt displaying the first six and the last four figures for the credit card or debit number used with such transactions", according to a website dedicated to The Ikea colony .

You may be eligible for payment of the IKEA regulation.

A closeup of a person counting and using $20 bills
Istock - Riska

If you qualify as a member of the class, IKEA may owe you part of the money in its $ 24 million regulations. But you must submit a valid Claim Form Either online or mail before May 4 to receive payment. As the collective remedy website explains, your share of the settlement fund will depend on the number of class members fill the form by this deadline. But based on an expected claim rate from 5 to 10%, it is estimated that all eligibles will receive between a payment of $ 30 and $ 60.

You may be waiting for a little time for your money, because the payments will only be made to the members of the class after the regulation received its final approval and that any call will be resolved. The court supervising this case has a hearing for July 28 to decide to approve the regulations. After that, there may be calls. "To be resolved can take time, perhaps more than a year," said the collective remedy website. "Please be patient."

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