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Class-Actions Mar 11, 2016

Home Depot Offers $19M to Settle Customers’ Hacking Lawsuit

Home Depot offers $19M to settle customers’ hacking lawsuit The 2014 hack of the home-improvement retailer’s payment systems exposed more than 50 million credit card accounts. More than 50 million Home Depot customers’ credit cards were exposed to theft in a massive hack in 2014. Home Depot says it’s willing to pay as much as $19.5 million to settle a class-action lawsuit brought by shoppers …

Class-Actions Mar 9, 2016

Home Depot Agrees to Pay Customers $20M to Settle That Massive 2014 Hack

Home Depot’s security breach 18 months ago was hugely embarrassing for the company, and only now is it coming near to finally bringing the matter to a close. The retail giant said Tuesday it’s agreed to pay a minimum of $19.5 million in compensation to customers caught up in the incident that saw cybercriminals nab payment card information and email addresses belonging to tens of millions of …

Class-Actions Mar 8, 2016

Home Depot to Pay $19.5 Million Over Big 2014 Hack Attack

Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses, and spend at least $6.5 million to fund 1-1/2 years of cardholder identity protection services. Home Depot also agreed to improve …

Class-Actions Mar 1, 2016

Car Giants Battle Emissions Scandal Cloud

Daimler is sticking to the rules governing emissions levels for its cars, the German automotive company’s chief executive told CNBC, as the diesel scandal surrounding the car trade shows no signs of dissipating Dieter Zetsche’s comments come amid media reports Monday that the U.S. Environmental Protection Agency had requested information from Daimler’s Mercedes-Benz brand to explain emissions …

Class-Actions Feb 29, 2016

Lawsuit Claims Trucking Company Violated FCRA

CPC Logistics is facing a class action lawsuit for allegedly violating the Fair Credit Reporting Act by failing to notify applicants or employees after taking adverse action against them based on information found in a DAC report. Jeffrey Hoeflicker, an OOIDA member from Concordia, Mo., filed the original lawsuit on Sept. 13, 2015. According to the complaint, Hoeflicker applied for employment …

Class-Actions Feb 4, 2016

This Man Wants to Upend the World of High-Frequency Trading

When developers at a top U.S. stock exchange needed help debugging a program that puts time stamps on quotes and trades in July, they could have hired a high-profile consulting firm. Instead, they called a customer who runs a company out of a small office in a Chicago suburb who had weeks earlier called the exchange’s dealings with high-frequency trading firms “completely illegal” on Twitter. …