January 27, 2016
The Eighth Circuit on Wednesday tossed an objector's appeal of a $10 million settlement to resolve multidistrict litigation over Target's notorious 2013 data breach that compromised up to 110 million consumers' personal information.
December 10, 2015
A consumer has appealed to the Eighth Circuit a $10 million settlement to resolve multidistrict litigation over Target's notorious 2013 data breach that compromised up to 110 million consumers' personal information, which was signed off on by a Minnesota federal judge in November.
December 02, 2015
The $39 million settlement between Target and a class of card issuers to resolve their data breach dispute is an example to financial institutions that they don't need to shoulder all of the liability for retail hacks and can recoup significant sums for their losses — especially if they resist offers from the major card brands, attorneys say.
December 02, 2015
Target Corp. and a class of banks suing the retailer over its massive 2013 data breach have agreed to a $39 million settlement to resolve their long-running dispute, marking the first class-wide data breach pact ever reached on behalf of financial institutions, the parties announced Wednesday.
November 17, 2015
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.
November 04, 2015
Consumers in multidistrict litigation seeking to take Target to task for a massive 2013 data breach told a Minnesota federal judge on Tuesday that the court-appointed claims administrator's analysis of documented claims supports the $10 million settlement deal.
October 23, 2015
A Minnesota federal judge on Friday largely rejected a class of banks' bid to force Target to produce documents generated during its internal investigation of its massive data breach, allowing only communications updating the board of directors about the incident to be revealed.
October 01, 2015
Target Corp. on Wednesday shot back at a class of banks' bid to force the retailer to produce more details about its internal investigation of its massive data breach, arguing that the documents are privileged because they helped counsel provide legal advice regarding the "unprecedented and extraordinary" incident.
September 23, 2015
The class of banks suing Target in multidistrict litigation over the 2013 data breach that exposed the personal information of millions of cardholders accused the company Tuesday in Minnesota federal court of hiding behind attorney-client privilege claims to avoid revealing details from its investigation of the incident.
September 15, 2015
A Minnesota federal judge on Tuesday certified a class of all financial institutions that issued cards compromised in the 2013 Target data breach that affected tens of millions of cardholders, allowing the banks to move forward in the multidistrict litigation toward recovering costs they incurred.