Target Requests Bank Lawsuit Dismissal of class action lawsuit filed by financial institutions. Target Corp. is asking a court to dismiss a class action suit filed by banks. The suit seeks compensation from the retailer for certain breach-related expenses, such as reissuing affected payment cards and covering the cost of fraud. The December 2013 data breach exposed 40 million credit and debit card details and the personal information of 70 million customers. The banks’ claims hinge on there being a ‘never-before recognized’special relationship’ between merchants, like Target, and payment card issuers.”]
Source: https://www.cuinfosecurity.com/target-requests-bank-lawsuit-dismissal-a-7273