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Company To Offer Coupons In Settlement

Lawsuit Filed Against Stein Mart

POSTED: 1:04 pm CDT July 8, 2008
UPDATED: 5:57 pm CDT July 8, 2008

A well-known department store has reached a proposed settlement in a lawsuit over debit and credit card information.

More Details: Stein Mart Settlement | Video

Residents who paid with plastic at Stein Mart between Dec. 4, 2006, and Jan. 11, 2007, are part of a class-action lawsuit against the clothing store chain.

Stein Mart was one of several major retailers who violated federal law by printing expiration dates and/or more than the last five digits of credit cards on receipts.

Under the agreement of the proposed settlement, the company will put $10, $20 and $30 coupons in newspapers wherever it has stores.

According to Stein Mart's Web site, the $10 coupon will apply to purchases of $50 or more, the $20 coupon will apply to purchases of $100 or more and the $30 coupon will be applied to purchases of $150 or more.

Stein Mart's Web site states that both sides expect the coupons to be available between Oct. 18 and Nov. 23, 2008.

A representative for Stein Mart said the company is not aware that anyone's identity was stolen and that the company was a month away from having all their printing procedures corrected.

More Details: Stein Mart Settlement


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