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H&M to pay $36 million over unused gift cards, in settlement with New York -Breaking

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© Reuters. FILE PHOTO: The H&M clothes retailer is seen in Occasions Sq. in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar

NEW YORK (Reuters) – New York’s legal professional basic stated on Thursday her workplace has recovered $36 million from the style retailer H&M for unlawfully holding cash in unused reward playing cards.

Lawyer Normal Letitia James stated the corporate, H&M Hennes & Mauritz AB (ST:), pays greater than $28 million to the state, whereas a whistleblower will obtain $7.74 million.

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