A national jewelry chain that owns Kay Jewelers, Jared The Galleria of Jewelry and several other brands will pay $11 million to settle claims that its employees signed customers up for store credit cards without their knowledge or consent, New York Attorney General Letitia James said Wednesday.

The company, Sterling Jewelers Inc., was accused of using information gathered at the time of sale from customers to sign them up for credit accounts and credit insurance, which many did not realize until they were alerted through a credit report or received a physical card in the mail.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]