Banks Slam Home Depot's Bid To Approach Data Breach Class

Law360, New York (November 6, 2015, 11:00 PM EST) -- A putative class of banks suing Home Depot over its 2014 data breach on Friday blasted the retailer’s bid to directly tell absent class members about potential settlements it may strike with Visa and MasterCard, arguing that the move will lead to misleading and coercive information being distributed.

In responding to Home Depot’s recent request for the entry of an order authorizing it to communicate freely with absent class members about settlements it may reach with card brands, the putative class — which is made up...
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