Adobe To Settle Data Breach Claims Over 3M Payment Cards

Law360, New York (April 23, 2015, 9:35 PM EDT) -- Adobe Systems Inc. has agreed to settle a consolidated proposed class action in California federal court over its alleged failure to safeguard users’ data from a breach that compromised at least 3 million payment card records, although the court on Wednesday agreed to give the parties an extra month to finalize their deal.

In her order, U.S. District Judge Lucy Koh granted the parties’ request for an extension of time from April 30 until the end of May to complete the deal and file settlement approval papers.

The parties had told the court on Feb. 11 that they had reached an...

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