When Congress enacted the Fair and Accurate Credit Transactions Act in 2003 to protect individuals’ identities, it little expected that it would spawn a spate of abusive class actions. Under FACTA (15 U.S.C. § 1681c(g)), “no person that accepts credit cards or debit cards for the transaction of business shall print more than the last 5 digits of the card number or the expiration date upon any receipt provided to the cardholder at the point of sale or transaction.” The law came into effect on December 4, 2004 or December 4, 2006 depending on whether the machine that electronically printed the receipts was first placed in use before or after January 1, 2005. Willful noncompliance was punishable by the award of actual damages sustained by the consumer, or statutory damages of between $100 and $1,000 for each noncompliant transaction. Many businesses properly truncated the card numbers but failed to block out expiry dates. As a result, hundreds of class actions were filed even though, as Congress subsequently noted, none of the lawsuits alleged harm to any consumer’s identity. These suits were quintessentially extortionist, instantly confronting defendants with catastrophic statutory damages. Recognizing that these class actions served no purpose other than to generate attorney’s fees, courts generally refused to certify the cases, primarily on the ground that class treatment was not a superior method of adjudicating these disputes. Belatedly acknowledging that the “continued appealing and filing of these lawsuits represents a significant burden on the hundreds of companies that have been sued and could well raise prices to consumers without corresponding consumer protection benefit,” Congress retroactively amended the statute’s civil liability provision (15 U.S.C. § 1681n) on June 3, 2008 to state that it shall not be a willful noncompliance of FACTA if a receipt issued prior to that date shows the card’s expiration date but complies with all other truncation requirements. The amendment applies to all truncation actions except those that have become final.