ALERT: Protect Yourself Against Shakedown Lawsuits!

Are You in Compliance with FACTA?

Restaurants are being targeted by professional plaintiffs for not truncating credit card numbers and still including credit card expiration dates. Make sure you comply with the law.

December 4, 2006 marked the deadline for compliance with the Fair and Accurate Credit Transaction Act (FACTA) that deals with truncated credit card numbers and expiration dates printed on receipts. Since that deadline, there have been increased class-action lawsuits filed and many restaurants are being targeted.

Make sure that both your internal and customer receipts contain no more than the last five digits of a customer's credit card number and that they do not contain the card's expiration date.

A number of shakedown lawsuits have been filed against restaurants that are not complying with these two aspects of FACTA specifically. In one lawsuit the CRA has been made aware of, more than 100 businesses are being sued for non-compliance.

For more information on FACTA please read this article (http://www.calrest.org/PDF/Hurley_FACTA_CRA.pdf) written by Gregory F. Hurley, a shareholder and chair of the litigation department for Greenberg Traurig's Orange County office, which first ran in the March 2 Restaurant Capitol Review.

The California Restaurant Association represents more than 22,000 restaurant businesses and provides notifications and alerts to our members. To ensure you don't miss important breaking news and alerts, become a CRA member. Learn more by calling our Membership Department at 800.765.4842.

California Restaurant Association
1011 10th Street
Sacramento, CA 95814
ph: (800) 765-4842
fax: (916) 447-6182
http://www.calrest.org

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