Tuesday, December 8, 2015

LabCorp FACTA Class Action Settlement

labcorp

LabCorp has reached an agreement to pay $11 million in a class action settlement to resolve claims that the laboratory services company willfully violated the Fair and Accurate Credit Transactions Act (FACTA) when they allegedly printed electronic debit card and credit card receipts that included credit card expiration dates.

Under the Fair and Accurate Credit Transactions Act, companies are required to truncate credit and debit account information on electronically-printed customer transaction receipts. To remain in compliance with FACTA, businesses must put no more than the last five digits of a credit or debit card account number on the receipt, and may not put any portion of the expiration date on the transaction record.

LabCorp has denied any wrongdoing with respect to the claims brought against the company. Both the lead plaintiff in the class action lawsuit and LabCorp agreed to settle the matter to avoid the costs and risk associated with having the case go to trial.

If you would like to request to be excluded from the LabCorp FACTA class action settlement, you must send in your exclusion request by mail with a postmark no later than Jan. 19, 2016.

Who’s Eligible

Class Members of the LabCorp FACTA class action settlement include:

“All individuals in the U.S. who: (i) made a payment at a LabCorp patient service center or equivalent (ii) using a debit or credit card, and (iii) for which LabCorp printed a point of sale receipt (iv) that displayed the card expiration date (v) between July 6, 2012 and November 4, 2015.”

Potential Award

Approximately $200.

The total amount of the settlement is $11 million.

The exact amount each Class Member receives will be determined by the number of valid claims that were submitted on time. It is estimated that each claimant will receive $200; however, the actual amount issued to Class Members may be higher or lower than this amount. All of the funds will be paid out to eligible claimants, and no portion of the settlement fund will be returned to LabCorp.

Proof of Purchase

If LabCorp’s records indicate that you may be a member of the settlement class, you will receive a postcard describing the settlement and stating a claim number for you to enter in your claim submission online or by mail.

If you believe you are eligible for the claim and have not received a postcard, you may still file a claim, or you may contact the settlement claims administrator below for additional assistance.

Claim Form Deadline

1/25/2016

Case Name

Legg v. Laboratory Corporation of America Holdings, Case No. 14-61543-RLR in the U.S. District Court for the Southern District of Florida

Final Hearing

2/16/2016

Settlement Website
Claims Administrator

LabCorp Settlement Claims Administrator
P.O. Box 43392
Providence, RI 02940-3390
1-888-576-8343

Class Counsel

Michael Hillickki
KEOGH LAW LTD

Bret Leon Lusskin, Jr.
BRET LUSSKIN., P.A.

Scott David Owens
Patrick Cristopher Crotty
SCOTT D. OWENS, P.A.

Defense Counsel

Steven F. Barley
Carol A. Licko
Elisabeth S. Walden
HOGAN LOVELLS US LLP

Free FACTA Class Action Lawsuit Investigation

If you made one or more purchases and the retailer provided you with a receipt that contained more than the last five digits of your credit or debit card number or the expiration date, you may be eligible for a free class action lawsuit investigation and to pursue compensation for these FACTA violations. Learn more at the Debit/Credit Card Receipt Class Action Lawsuit Investigation.

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