Appeals Court Orders Review Of 2015 Target Breach Settlement
Order follows victim appeal to hold the retailer liable for future identity theft claims stemming from the 2013 breach.
The 8th U.S. Circuit Court of Appeals has directed Minnesota federal Judge Paul Magnuson to review the class-certification approval given to 100 million Target customers who were victims of a 2013 security breach, says StarTribune. The purpose behind the review is to ensure that the retailer’s data breach victims are not subjected to future “rubber-stamp settlements.”
The appeal to the 2015 Target settlement was filed by Leif Olson of Texas, who used payment cards during the breach period. Olson expressed concerns that if his personal data was misused in the future he could not hold Target liable, and asked that cases like his be treated separately.
In the 2013 data breach, roughly 100 million Target customers had credit card and personal data stolen. The 2015 court settlement required Target to compensate those who provided documentation or made claims under an oath but ignored those who suffered no monetary loss yet were still at risk for future identity theft.
Read details on StarTribune.
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