Marcus

Neiman Marcus to Pay $1.6 Million in Shopper Data Breach Lawsuit

Neiman Marcus has agreed to pay $1.6 million to settle a data breach class action in Illinois federal court. The three-year-old case stemmed from the December 2013 cyber attack that exposed credit card data of an estimated 350,000 Neiman Marcus shoppers. The high-profile incident, caused by malware installed on Neiman Marcus terminals, was similar to a larger attack on Target and other …


Lawsuit Claims Startup Founders Used Company Money to Pay for Strip Club, Groceries, and Rent

Two brothers used their company’s money as a “personal piggybank,” a new lawsuit by their former bookkeeper claims, before the startup shut down suddenly last week. Among the expenses attributed to the cofounders were thousands spent on vacations to Hawaii, personal rent for their apartments, trips to competitions in Las Vegas, and a visit to astrip club, the lawsuit states. …