Richardson, et al. v. IKEA North America Services, LLC, et al.

Richardson, et al. v. IKEA North America Services, LLC, et al.

Case No. 2021CH05392

If you made a purchase at an IKEA retail location using a credit card or debit card between October 18, 2017 and December 31, 2019, you may be entitled to benefits under a class action settlement.

A Court authorized this Notice. This is not a solicitation from a lawyer.

Final Approval of the Settlement was granted on August 3, 2023. Providing any unforeseen delays, checks and payments to qualified class members will be going out in October, 2023.

Plaintiffs allege IKEA North America Services, LLC and IKEA U.S. Retail, LLC (collectively “IKEA”) printed receipts for credit or debit card transactions at its retail locations that included more than the last 5 digits of the debit or credit card number in violation of the Fair and Accurate Credit Transactions Act, 15 U.S.C. § 1681c(g)(1) et seq. (“FACTA”). IKEA denies Plaintiffs’ allegations and denies any wrongdoing whatsoever. The Court has not ruled on the merits of Plaintiffs’ claims or the defenses of IKEA. By entering into the Settlement, IKEA has not conceded the truth or validity of any of the claims against it.

IKEA has agreed to pay $24,250,000 (the “Settlement Fund”) in full and final settlement and release of the claims of the Settlement Class defined as persons who between October 18, 2017 and December 31, 2019 engaged in one or more transactions using a debit card or credit card at any IKEA retail location within the United States, and was thereupon provided an electronically printed receipt displaying the first six (6) and the last four (4) digits of the credit or debit card number used in connection with such transaction(s).

The Settlement Fund will be used to pay all amounts related to the Settlement, including payments to each Settlement Class Member who submits a valid and timely claim form to receive payment (“Claim Form”), attorneys’ fees and reasonable expenses, and the costs of notice and administering the Settlement. Class Counsel anticipate that they will petition the Court for attorneys’ fees in the amount of $9,700,000.00 (which is 40% of the Settlement Fund), plus Class Counsel’s reasonable expenses, and will also petition for an Incentive Payment of $10,000.00 each to Plaintiffs. Settlement Class Members who timely submit a valid Claim Form will receive a pro rata payment distribution, calculated by dividing the available funds for distribution to the Settlement Class by the number of persons who submit valid Claim Forms.

Your rights and options, and the deadlines to exercise them, are explained in the Notice. Your legal rights are affected whether you act or don’t act. Read the Notice carefully.

The Court in charge of this case still has to decide whether to approve the Settlement. Payments will be made if the Court approves the Settlement and after any appeals are resolved. Please be patient.

YOUR RIGHTS AND OPTIONS IN THIS SETTLEMENT
SUBMIT A CLAIM FORM	If you submit a valid Claim Form by May 4, 2023, you will receive a payment and will give up your rights to sue IKEA and/or any other released parties (“Defendant Releasees,” as defined in the Settlement Agreement) on any Released Claim, as defined in the Settlement Agreement. If you have a Class ID number, Claim Forms may be submitted by mail to Richardson v. IKEA Claims Administrator, P.O. Box 6175, Novato, CA 94948-6175 or through the Settlement Website by visiting www.ikeaUSfactaclassaction.com or by calling 1-855-958-6213. The Claims Administrator may seek additional information from persons who submit Publication Claim Forms to validate claims.
EXCLUDE YOURSELF OR "OPT OUT" OF THE SETTLEMENT	If you ask to be excluded, you will not receive a payment. This is the only option that allows you to pursue or continue to pursue claims against IKEA or any other Defendant Releasee on your own in the future. The deadline for excluding yourself is May 4, 2023.
OBJECT TO THE SETTLEMENT	You may write to the Court about why you believe the Settlement is unfair in any respect. Please see Frequently Asked Question 16.(“How do I tell the Court that I do not think the Settlement is fair?”). The deadline for objecting is May 4, 2023. To obtain a benefit from this Settlement, you must still complete and submit a Claim Form or Publication Claim Form. If you submit only an objection, you will not receive any benefit from the Settlement and you will give up your right to pursue or continue to pursue a Released Claim against IKEA or any other Defendant Releasee.
DO NOTHING	If you do nothing, you will not receive any monetary award, but you will give up your rights to pursue or continue to pursue a Released Claim against IKEA or any other Defendant Releasee.
GO TO THE FINAL APPROVAL HEARING	You may ask to speak in Court about the fairness of the Settlement, if you object to the Settlement. To speak at the Final Approval Hearing, you must comply with the requirements set forth in Frequently Asked Question 21 no later than May 4, 2023.