Umpqua Bank Latest To Sue Target Over Data Breach

Law360, New York (March 10, 2014, 4:45 PM EDT) -- Umpqua Bank on Monday hit Target Corp. with a proposed class action accusing the retail giant of failing to maintain adequate data security protocols, resulting in the massive recent hack that compromised millions of customers' personal information, despite having suffered two nearly identical data breaches in the preceding years.

The lawsuit claims that in an effort to prevent a mass exodus of customers, Target has assured consumers that they will not be held financially responsible for any credit and debit card fraud. But Umpqua said it...
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