Wal-Mart Pays $1.1M To Settle Suit Over Credit Card Records

By Juan Carlos Rodriguez (May 28, 2013, 1:52 PM EDT) -- A federal judge on Friday signed off on a $1.1 million settlement between Wal-Mart Stores Inc. and a class of plaintiffs who alleged the retail giant illegally requested and recorded California customers' ZIP codes when they used credit cards to buy items.

Wal-Mart denied any wrongdoing as part of the settlement, but will offer class members a $25 gift certificate that is redeemable at a retail location. It will also make cy pres donations of about $370,000 to the Consumer Federation of California and the Privacy Rights Clearinghouse.

The class action was a consolidation of four individual proposed class actions filed...

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