Home Depot To Appeal Banks' Claims In Data Breach MDL
Law360, New York (July 6, 2016, 1:37 PM EDT) -- Home Depot requested an interlocutory appeal to the Eleventh Circuit on Tuesday on six questions of law arising from a suit by financial institutions over a major data hack in which a judge recently allowed the overwhelming majority of claims to stay alive, questioning whether the institutions have standing to sue at all.
Fifty banks say the breach affecting 56 million customers was "the inevitable result" of Home Depot data-security practices "characterized by neglect, incompetence and an overarching desire to minimize costs." They claim the retailer had ignored red flags, expert opinions, employee warnings and industry standards in its repeated refusal...
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