Settlement of Fair and Accurate Credit Transactions Act Litigation by Doctor's Associates LLC

MIAMI, Nov. 20, 2018 /PRNewswire/ -- Doctor's Associates LLC (DAL), f/k/a Doctor's Associates Inc. (DAI), the franchisor of Subway® Sandwich Shops, announces that a settlement has been proposed in a putative class action lawsuit about the content of certain receipts for purchases by Subway customers. The plaintiffs in the lawsuit claimed that some receipts issued in 2016 at Subway locations in the U.S. contained the expiration date of customer credit and debit cards in violation of the Fair and Accurate Credit Transactions Act (FACTA). DAL denies any wrongdoing and the Court has not made any findings that any of DAI's practices were improper or unlawful.

In settlement, DAL has agreed to pay $30.9 million into a settlement fund that, after payment of the expenses of administering the settlement, awards to the two class representatives for their service, and class counsel's attorneys' fees and expenses, will be distributed pro rata to customers submitting valid claims. In return, the Settlement Class Members—who include anyone who, between January 1, 2016 and March 23, 2017, was provided a credit or debit card receipt containing the card expiration date at a U.S. Subway location—will give up their rights to seek relief under FACTA or on any other legal basis on claims that too much information appeared on customer receipts.

DAL is pleased that this matter has been resolved. Protecting Subway customers' information is one of its highest priorities. A federal court must approve the settlement before it becomes final. The Court has scheduled a Settlement Fairness Hearing for March 8, 2019 and set January 22, 2019 as the deadline for filing claims and objections to or opting out of the settlement. More detailed information and instructions, including information about the lawsuit, the attorneys' fees and class representative service awards sought, the release of claims, and how to object to or opt out of the settlement, are available at the Settlement Website, www.DAI-FACTASettlement.com.

The United States District Court for the Southern District of Florida has authorized the information available at www.DAI-FACTASettlement.com. 

SOURCE Doctor’s Associates LLC