ARTICLE
6 April 2016

Retailer Data Breach Class Action Settlement Receives Approval

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Jones Day

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Jones Day is a global law firm with more than 2,500 lawyers across five continents. The Firm is distinguished by a singular tradition of client service; the mutual commitment to, and the seamless collaboration of, a true partnership; formidable legal talent across multiple disciplines and jurisdictions; and shared professional values that focus on client needs.
On December 2, 2015, the retailer agreed to pay an additional $39M to banks and credit unions for losses from the same breach.
United States Privacy

On November 17, 2015, a major retailer received approval to pay $10M to settle consumer class actions stemming from a 2013 data breach that compromised millions of payment cards. On January 27, 2016, the Eighth Circuit rejected an appeal related to the settlement. The district court also approved the payment of up to $6.75M in attorneys' fees and expenses in connection with the consumer settlement. On December 2, 2015, the retailer agreed to pay an additional $39M to banks and credit unions for losses from the same breach.

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