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Target Will Pay Consumers $10M To End Data Breach MDL

Law360, New York (March 19, 2015, 12:26 PM EDT) -- A Minnesota federal judge on Thursday paved the way for a deal under which Target Corp. will pay $10 million to resolve multidistrict litigation over a notorious data breach in late 2013 that compromised the personal information of up to 110 million consumers.

Under the agreement, which includes up to an additional $6.75 million for attorneys' fees, consumers who can document their losses will be eligible for up to $10,000. Those plaintiffs without documentation of their losses will be entitled to an equal amount of the...
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