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Home Depot To Pay $25M To Settle Banks' Data Breach Claims

Law360, New York (March 9, 2017, 12:17 PM EST) -- Home Depot has agreed to pay $25 million and strengthen its data security practices to resolve a putative class action brought by financial institutions after a 2014 data breach that compromised 56 million credit and debit card numbers, according to documents filed in Georgia federal court late Wednesday.

Home Depot agreed to pay $25 million to financial institutions affected by the data breach after years of litigation. (AP) According to a memorandum in support of the financial institutions' unopposed motion for preliminary approval of the proposed settlement, the parties "after several years of contentious litigation" have reached an agreement that would...

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Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

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Georgia Northern

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Contract: Other

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Date Filed

December 11, 2014

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