Genesco Pushes To Recoup Visa Fines In $13M Data Theft Suit

Law360, New York (August 29, 2013, 6:58 PM EDT) -- Retailer Genesco Inc. last week sped up its push to recoup part of the $13.3 million in damages that it alleges Visa Inc. wrongly assessed following a data breach, arguing in Tennessee federal court that California law bars Visa from collecting fines for alleged violations of contract terms on data security.

In an Aug. 23 motion for summary judgment that the retailer acknowledged was filed atypically early in the case, Genesco pushed a Middle District of Tennessee judge to order Visa to return $10,000 in “non-compliance...
To view the full article, register now.