Home Depot files for dismissal of FIs’ data breach suit
ATLANTA (7/9/15)--Home Depot has filed a motion to dismiss the consolidated class action complaint filed against it by credit unions and others on May 27.
The motion was filed July 1 in the U.S. District Court for the Northern District of Georgia, Atlanta division.
CUNA joined credit unions, credit union associations and other financial institutions around the country as a plaintiff in the class-action lawsuit against Home Depot that seeks recovery and injunctive relief associated with the retail giant's massive 2014 data breach.
Home Depot asserts in its brief that it believes the plaintiffs lack legal standing to sue and that the claims asserted against Home Depot are not actionable under a variety of legal theories.
Home Depot has acknowledged that 56 million credit and debit cards were compromised as the result of the breach.
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.