Home Depot Denies Liability For Banks’ Damages In Data Breach Class Action

Mealey's (June 21, 2016, 10:06 AM EDT) -- ATLANTA — Despite a Georgia federal judge’s finding that a group of banks and financial institutions (FIs) have standing to sue Home Depot Inc. for negligence related to a massive 2014 data breach, in a June 17 answer to their complaint, the retailer raises affirmative defenses related to lack of standing, as well as double recovery, contributory negligence and failure to mitigate damages (In re: The Home Depot Inc., Customer Data Security Breach Litigation, No. 1:14-md-02583, N.D. Ga.)....