Spirit Airlines Pays $7.5M To Settle FACTA Class Action
Law360, New York (October 27, 2015, 2:46 PM EDT) -- Spirit Airlines Inc. has agreed to pay $7.5 million to resolve allegations that it revealed too many credit card account digits on receipts, reportedly the second-largest cash settlement ever reached under the Fair and Accurate Credit Transaction Act, according to a Monday filing in Florida federal court.
In a motion for preliminary approval of the deal, plaintiff Christopher W. Legg said the settlement will be divvied up equally among class members, each of whom he said is estimated to receive about $265. Spirit continues to “vigorously” deny the allegations, according to the motion.
“As a direct result of the lawsuit, Spirit...
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