High court ruling could be boon for retailers

Tuesday, 5 June 2007, 4:59 PM EST

A Supreme Court ruling handed down Monday could be good news for more than 100 major retailers targeted by class-action lawsuits alleging that the companies failed to comply with a law designed to protect consumers from identity theft.

The retailers -- including Rite Aid, KB Toys, Regal Cinemas and In-N-Out Burger -- have been sued for allegedly violating an amendment to the Fair Credit Reporting Act (FCRA) that requires companies to remove full credit card numbers and expiration dates from printed customer receipts.

At Security Fix.

[ Read more ]




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