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Judge declines to cork wine shop’s suit against bank

Posted on August 28, 2014 by Dissent

Lisa Hoffman reports:

A Nebraska federal judge has refused to dismiss a wine store’s proposed class action against Nebraska banks that, after suffering an alleged data breach, charged fees on purchases to customers whose credit and debit card numbers were stolen and used by thieves.

Judge Lyle Strom of the U.S. District Court for the District of Nebraska kept alive a complaint by Wines, Vines and Corks, LLC, that First National Bank of Nebraska, three of its subsidiaries, and a credit card processing company unlawfully imposed payment card transaction fees for unauthorized charges made by crooks who stole the wine store’s financial information after a data security breach of the banks’ computer system.

An affidavit presented by the banks tallied the processing and authorization fees assessed to the Lexington, Ky. wine store between $12,000 and $16,000.

Read more on National Law Journal.

Category: Business Sector

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