ATLANTA (10/21/15)--The U.S. District Court for the Northern District of Georgia, Atlanta division, will hear oral arguments Thursday regarding Home Depot’s motion to dismiss a consolidated class action suit concerning the merchant’s 2014 data breach.
“The recent decisions in the Target case denying a similar motion and granting class certification give counsel for the plaintiffs hope that courts are beginning to recognize the rights of financial institutions to seek recovery when retailers fail to take appropriate actions to protect sensitive financial data,” said Susan Parisi, CUNA chief counsel.
In August, counsel representing CUNA, state credit union leagues and credit unions filed a brief opposing the dismissal of Home Depot suit (News Now Aug. 24). Earlier in the year, Home Depot had filed for a motion to dismiss the consolidated class action complaint filed against it.
The class action suit has numerous plaintiffs, including credit unions, credit union trade associations and other financial institutions in 44 states and the District of Columbia.
Home Depot has admitted the data breach compromised 56 million credit and debit cards.
CUNA has been heavily involved in the issue of merchant data breaches by corresponding and meeting with federal lawmakers and their staffs and will continue all efforts to ensure any and all data security-related bills afford credit union members with the greatest protection possible.