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Banks’ Class Certification Motion Trumpets Target Data Security Failings, Ignores Impact of Card Association Settlements

Posted on August 26, 2015 by Dissent

Kevin M. McGinty of Mintz Levin writes:

Card-issuing banks are forging ahead with their lawsuit against Target arising from the 2013 holiday shopping season data breach.  Their July 1 motion for class certification has just been unsealed, allowing a glimpse at plaintiffs’ version of the events during November and December 2013 that resulted in theft of payment card data for 40 million Target customers.

Read more on National Law Review.

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Category: Business SectorID TheftU.S.

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