Target's $10M Deal Over Data Breach Gets Final Approval

By Y. Peter Kang (November 17, 2015, 9:48 PM EST) -- A Minnesota federal judge on Tuesday signed off on a $10 million settlement to resolve multidistrict litigation over Target's notorious 2013 data breach that compromised up to 110 million consumers' personal information, saying the early settlement of the suit is a big win for class members.

U.S. District Judge Paul A. Magnuson issued an order granting final approval of the settlement, which resolves allegations that Target Corp. compromised the credit or debit card information for millions of consumers.

Not included in the $10 million settlement is $6.75 million in attorneys' fees approved on Tuesday, which the judge said comprises a reasonable...

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