Proskauer on Privacy

Tag Archives: heartland

Data Breach Class Action Fails – Court Dismisses Securities Fraud Case Against Heartland

On December 7, 2009, a federal district court sitting in New Jersey dismissed a securities fraud class action lawsuit against Heartland Payment Systems arising from a massive breach of credit and debit card information and, in doing so, reinforced the difficulties private plaintiffs face in bringing data breach lawsuits under the federal securities laws.… Continue Reading
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