A Matter Of FACTA: Legal And Legislative Crossroads

Law360, New York (February 4, 2008, 12:00 AM EST) -- Class action litigation relating to the Fair and Accurate Credit Transactions Act (“FACTA”) has evolved into a nationwide phenomenon, forcing businesses large and small across the county to defend themselves from lawsuits that disclaim any actual injury on the part of the plaintiff and the purported class.

Beginning in December 2006, plaintiffs’ attorneys began filing lawsuits in federal courts in California against retailers, restaurants and exhibitors alleging willful violations of FACTA based largely on the appearance of an expiration date on an electronically-printed credit card receipt...
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