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… Continue Reading
Tag Archives: Target Corporation
Breaking News: Target to Settle Data Breach Claims of Visa Card Issuers for $67 Million
Posted in Class Action Litigation, Data Breach, Privacy LitigationTarget has announced that it has entered into a settlement with Visa to resolve claims of issuers of Visa credit and debit cards arising from Target’s November 2013 data breach. The proposed settlement will pay issuers of Visa payment cards up to $67 million to reimburse losses associated with the theft of card numbers from… Continue Reading
Target and Card Issuers Dispute Use of MasterCard Settlement to Resolve Data Breach Claims
Posted in Class Action Litigation, Cybersecurity, Data Breach, Privacy LitigationIn the wake of Target’s April 15 announcement of a private $19 million settlement of the data breach claims of MasterCard-issuing banks, counsel representing the putative card issuer class in the consolidated Target data breach litigation moved to enjoin the proposed settlement, arguing that it is an improper end-run around the Minnesota federal court’s adjudication… Continue Reading
Issuer Banks’ Claims in Target Data Breach Litigation Survive Motion to Dismiss
Posted in Class Action Litigation, Data Breach, Privacy LitigationWritten by Kevin Mc Ginty Federal District Judge Paul Magnuson has ruled that banks that issued credit and debit cards to customers whose data was stolen in the December 2013 Target data breach could continue to litigate claims against Target for negligence and violation of Minnesota’s Plastic Security Card Act (“MPCSA”), Minn. Stat. § 325E.64. The… Continue Reading
Privacy Monday: Cinco de Mayo, 2014
Posted in Cybersecurity, Data Breach, Privacy MondayHappy Cinco de Mayo! Breaking news this Privacy Monday: The fallout from the massive Target Corporation data breach continues. This morning, the Target board announced that Chief Executive Officer Gregg Steinhafel has resigned effective immediately. The company has appointed Chief Financial Officer John Mulligan as interim president and chief executive. Steinhafel spent 35 years with… Continue Reading
