On December 28, 2015, the Eastern District of New York dismissed a putative class action against a
crafts retailer for lack of standing. The case arose out of a 2014
security breach in which hackers obtained credit and debit card
information. The court found that plaintiffs could not establish
out-of-pocket losses. The court also found that, as two years had
passed, any risk of identity theft was not immediate.
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