We previously reported in last month’s edition that Dee Miles, head of our firm’s Consumer Fraud Section, had been named to the financial institution cases Steering Committee for the Multi-District Ligation (MDL) surrounding the Target Data Breach Class Actions. Dee was appointed by U.S. District Judge Paul A. Magnuson, who is overseeing the MDL in the United States District Court, District of Minnesota. Additional assignments have been made in that case and Dee and the firm have now been appointed to co-chair the Settlement Committee, chair the Special Operations Committee, and serve as a member of the Damages Committee. These are very important Committees to the Target case and we are honored to serve in these roles in the MDL.
The trial Court held its first hearing on June 25, 2014, to map out such things as the trial schedule, enter Protective Orders, as well as schedule briefing for particular issues concerning the case. The Court has set a trial date for the case for January 2016 for both the consumer side and the financial institution side of the case. Needless to say, this is a very ambitious schedule that Judge Magnuson has put in place, but the Court has also gone to extraordinary lengths to select a talented pool of lawyers who are more than capable of meeting the Court’s deadlines as well as the January 2016 trial schedule.
Target Corporation, which is headquartered in Minnesota, suffered a massive data breach that is believed to have taken place primarily between November 27 and December 15, 2013. It was originally believed to have affected about 40,000 Target shopper accounts, including credit card and debit card information. However, after further investigation, Target officials revealed that hackers stole not only information from cards used by shoppers at the point of sale machines, but that other information was compromised, including names, phone numbers, and email and mailing addresses from more than 100 million of its customers.
Our law firm filed two class action lawsuits in the wake of the Target data breach, one on behalf of consumers whose information was compromised, and another on behalf of the Alabama State Employees Credit Union as lead Plaintiff representing credit unions, banks, and other financial institutions. Financial institutions are burdened with the extravagant cost of closing accounts, and reissuing debit and credit cards as a result of Target’s failure to secure its data.
We are pleased that the case is now off and running and we are thrilled to be part of the leadership that is prosecuting the claims in this case against Target. We will keep you posted on any new developments that occur with important litigation. If you need additional information on this litigation, contact Dee Miles, the lawyer who heads up our Consumer Fraud Section at 800-898-2034 or by email at Dee.Miles@beasleyallen.com.
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