Stein Mart was caught “printing expiration dates and/or more than the last five digits of credit cards on receipts,” and was subsequently hit with a class action lawsuit for exposing sensitive customer data. Now they’ve settled by agreeing to run coupons in local newspapers. It gets better: instead of a flat 20% off coupon, the store is requiring minimum-purchase amounts that reduce the savings if your purchase falls between the arbitrarily set thresholds.

• $10 off a purchase of $50 or more
• $20 off a purchase of $100 or more
• $30 off a purchase of $150 or more

We need a new federal law that says class action lawyers have to be compensated in the same manner as their clients. Give those hard working guys and gals some $30-off coupons, please!

Stein Mart seems to think that when it comes to bad security, intention makes all the difference:

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.

If you’re really interested in those coupons, check out steinmartsettlement.com.

[WSMV Nashville] (Thanks to Martin!)
(Photo: Getty)

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