Mealey's Litigation Procedure - Banks Sue Target Over 'Black Friday' Data Breach

Mealey's Litigation Procedure - Banks Sue Target Over 'Black Friday' Data Breach

CHICAGO - Following the largest retail data breach in U.S. history, a pair of banks on March 24 filed a putative class action in an Illinois federal court against Target Corp. and information security company Trustwave Holdings Inc., alleging that they failed to properly secure data (Trustmark National Bank, et al. v. Trustwave Holdings Inc., et al., No. 14-2069, N.D. Ill.).

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