{"id":6315,"date":"2016-03-14T12:51:46","date_gmt":"2016-03-14T16:51:46","guid":{"rendered":"http:\/\/blog.lawyer.com\/?p=6315"},"modified":"2020-06-22T13:17:55","modified_gmt":"2020-06-22T17:17:55","slug":"home-depot-to-compensate-consumers","status":"publish","type":"post","link":"https:\/\/blog.lawyer.com\/index.php\/home-depot-to-compensate-consumers\/","title":{"rendered":"Home Depot To Compensate Consumers"},"content":{"rendered":"
\"\"<\/a>
Shopper reimbursement<\/figcaption><\/figure>\n

Home Depot has agreed to pay $19.5 million to compensate the consumers affected by the 2014 data breach which affected more than 50 million cardholders who utilized self-checkout terminals in U.S. and Canadian stores between April and September 2014. The home improvement retailer is in the process of setting up a $13 million fund to reimburse all of the shoppers for out-of-pocket losses and, in effort to improve their data security they will be hiring a chief information security officer to oversee all progress. There were at least 57 proposed class action lawsuits which were filed in U.S. and Canadian courts over the data breach.<\/p>\n

<\/p>\n

Home Depot did not admit to any wrongdoing or liability when agreeing to the settlement while in federal court in Atlanta on Monday, March 7, 2016.<\/p>\n

Home Depot spokesman Stephen Holmes said \u201cWe wanted to put the litigation behind us, and this was the most expeditious path, customers were never responsible for any fraudulent charges.\u201d<\/p>\n

Home Depot advised in November it had incurred $152 million of pre-tax expenses from the breach, after accounting for expected insurance proceeds. Legal fees and costs for the lawyers could be close to $8.7 million, court papers showed.<\/p>\n

The case is In re: Home Depot Customer Data Security Breach Litigation, U.S. District Court, Northern District of Georgia, No. 14-md-02583.<\/p>\n

http:\/\/time.com\/money\/4251435\/home-depot-data-breach-reimburse\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home Depot has agreed to pay $19.5 million to compensate the consumers affected by the 2014 data breach which affected more than 50 million cardholders who utilized self-checkout terminals in…<\/p>\n","protected":false},"author":227,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_s2mail":"yes","footnotes":""},"categories":[3],"tags":[],"class_list":["post-6315","post","type-post","status-publish","format-standard","hentry","category-settlements"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/6315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/users\/227"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/comments?post=6315"}],"version-history":[{"count":7,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/6315\/revisions"}],"predecessor-version":[{"id":8648,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/posts\/6315\/revisions\/8648"}],"wp:attachment":[{"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/media?parent=6315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/categories?post=6315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lawyer.com\/index.php\/wp-json\/wp\/v2\/tags?post=6315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}