Home Depot Can't Dodge Banks' Claims In Data Breach MDL

By Steven Trader (May 18, 2016, 4:07 PM EDT) -- The overwhelming majority of claims brought by a proposed class of financial institutions and credit union associations against Home Depot in multidistrict litigation over its 2014 data breach can remain, a Georgia federal judge ruled on Wednesday.

U.S. District Judge Thomas W. Thrash Jr. found that the suing financial institutions had pled actual injuries enough to give them standing and declined the hardware retailer's request to toss the proposed group's allegations of negligence and state consumer protection law violations.

The banks and separately the credit union associations — which sought only nonmonetary relief for their members — can also pursue an injunction telling...

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