Financial Institutions Defend Attorney Fees Award In Home Depot Data Breach Suit

Mealey's (February 20, 2018, 12:09 PM EST) -- ATLANTA — In a Feb. 16 brief to the 11th Circuit U.S. Court of Appeals, a group of financial institutions (FIs) that achieved a successful settlement of their claims related to the 2014 Home Depot Inc. data breach oppose the home improvement chain’s appeal of a subsequent $15.3 million attorney fees award, calling the amount reasonably calculated and in line with the efforts undertaken by class counsel (Northeastern Engineers Federal, et al. v. Home Depot Inc., et al., No. 17-14741, 11th Cir.)....