MINNEAPOLIS, Minn. (AP) -- A Minnesota judge has endorsed a settlement in which Target Corp. will pay $10 million to settle a class-action lawsuit over a massive data breach in 2013.
U.S. District Judge Paul Magnuson said at a hearing Thursday in St. Paul, Minnesota, that he would grant preliminary approval of the settlement in a written order, probably later in the day. The move will allow people to begin filing claims ahead of another hearing for final approval, which he'll hold in late October or early November.
People affected by the breach can file for up to $10,000 with proof of their losses, including unauthorized charges, higher fees or interest rates, and lost time dealing with the problem.
"Target really needs to be commended for being willing to step up," Magnuson said.
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"Being willing to step up" after being court ordered; that is.
ReplyDeleteSeems that $10 million settlement (or whatever is left after the lawyers get theirs) ought to have been levied against the perpetrators of the breach.and Target should be be responsible for all expenses incurred by customers regardless,