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NY AG recovers $36M from H&M for keeping unused gift cards

H&M reaches $36 mln settlement with New York over unused gift cards

H&M will pay $36 million to settle accusations that the fashion retailer illegally kept millions of dollars in gift cards that customers never used, New York Attorney General Letitia James said on. | May 19, 2022

Attorney general: H&M to pay NY $36 million after unlawfully keeping money from unused gift cards

The New York Attorney General’s Office has recovered $36 million in unused gift card balances that H&M was legally required to turn over to the state as unclaimed or abandoned

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