A federal court in Minnesota yesterday granted class action status to a lawsuit by financial institutions against Target over the retailer’s 2013 data breach. Institutions eligible for the class include all U.S. issuers of payment cards compromised in the breach. Class action status will allow plaintiffs to coordinate representation, discovery, witnesses and other court processes.
Consumer sentiment falls in April
The University of Michigan Consumer Sentiment Index decreased 2.8% in April compared to the month prior, landing at 77.2, according...