Judge Won’t Rethink Economic Loss Rule Application In Sonic Data Breach Suit

Mealey's (January 21, 2021, 2:00 PM EST) -- CLEVELAND — An Ohio federal judge’s decision to permit financial institutions (FIs) to pursue negligence claims against Sonic Corp. over a 2017 data breach will stand, the judge ruled Jan. 19, denying the fast food chain’s motion for reconsideration and finding no merit to Sonic’s assertion that the economic loss doctrine should have been applied to bar the banks’ claim....

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