From: Business Insurance
A federal appeals court ruling involving retailer Neiman Marcus that permits consumer data breach victims to pursue their putative class action litigation is likely to be influential with other appellate courts, and may even be ultimately heard by the U.S. Supreme Court.
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Plaintiffs in the case pointed to several kinds of injury they allegedly suffered, including lost time and money resolving the fraudulent charges and protecting themselves against future identity theft; the financial loss of buying items at Neiman Marcus they would not have purchased “had they known of the store’s careless approach to cybersecurity;” and lost control over the value of their personal information.
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