According to a report published today in The Wall Street Journal, Target and MasterCard are close to reaching a settlement of the claims of MasterCard-issuing institutions in connection with Target’s 2013 data breach. The settlement would reimburse the cost of reissuing debit and credit cards compromised by the breach, as well as a portion of… Continue Reading
Tag Archives: Target settlement agreement
Precedent and the Price Explain Why Target and the Consumer Class Agreed to an Early Data Breach Settlement
Posted in Class Action Litigation, Data Breach, Data Breach Notification, Privacy Litigation, UncategorizedOn March 18, 2015 – just three months after denial of a motion to dismiss consumer claims arising from Target’s 2013 data breach – Target and the consumer class filed papers seeking approval of a settlement. The proposed settlement agreement creates a $10 million cash fund to be paid out to class members claiming actual damages arising from… Continue Reading
