Target Corp.’s pending settlement of a consolidated consumer class action suit is more about public relations and corporate positioning than it is about compensating victims, legal experts say. The settlement, which gained preliminary court approval March 19, likely will have no impact on the lingering class action lawsuit filed on behalf of banks, one legal observer says. The banking institutions’ suit seeks compensation from Target for certain breach-related expenses, such as reissuing affected payment cards and covering the cost of fraud. Security and privacy experts say Target’s settlement didn’t go far enough in helping consumers.”]
Source: https://www.careersinfosecurity.com/target-settlement-what-about-banks-a-8038