Equifax Says Banks Did Not Plead Injury, Establish Standing In Data Breach Suit

Mealey's (November 6, 2018, 8:55 AM EST) -- ATLANTA — A consolidated group of banks and financial institutions (FIs) failed to establish standing to sue under Article III of the U.S. Constitution, Equifax Inc. argues in a Nov. 1 reply brief in Georgia federal court, seeking dismissal of negligence claims related to its 2017 data breach for failure to plead a cognizable injury (In Re:  Equifax Inc., Customer Data Security Breach Litigation, No. 1:17-md-2800, N.D. Ga.)....