Home Depot Investor Wants Look At Data Breach Books
By Emily Field (June 15, 2015, 6:53 PM EDT) -- A Home Depot Inc. stockholder recently hit the retailer with a suit in Delaware Chancery Court seeking to inspect certain of its books and records related to the data breach last year that's believed to be the largest in U.S. history.
Plaintiff Cora Frohman told the court she intends to inspect these records to determine whether Home Depot management breached its fiduciary duties by failing to adequately secure payment information on its data systems, leading to the exposure of up to 56 million customers' payment card information. Despite knowing that data breaches are becoming common in the retail industry, Home Depot...
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