Cases & Investigations
TJX Companies Retail Security Breach Litigation
Type: Notable Cases
Case Number: 1:07-cv-10162-WGY
Court: United States District Court for the District of Massachusetts
A settlement was reached in 2008 valued at over $200 million. Settlement benefits included: (i) two years of credit monitoring and identity theft insurance offered to the 455,000 individuals whose driver’s license and other ID numbers were exposed; (ii) a $17 million fund offered to the 45 million cardholders to reimburse identity theft losses, out of pocket costs, and lost time to mitigate or correct actual or potential identity theft; and (iii) injunctive relief regarding improvements to TJX’s data security systems. These elements became the template for many subsequent data breach settlements. The Court approved the settlement of the case on July 15, 2008, stated that Plaintiffs’ counsel achieved an “excellent settlement” for the consumer class, that they “have been very creative” and performed “a wonderful job.”
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