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TJX settles data breach case with banks
Framingham, Mass.-based TJX Companies Inc. announced a settlement for undisclosed terms with three banks and three state bankers associations that sued the discount retailer for an immense security breach. As part of the settlement, TJX said it reimbursed the bankers associations and banks for their expenses from a $107 million reserve the company set aside for computer intrusion-related costs.Richard Feinstein brings a wealth of experience in both the public and private sectors to his new post. Don't expect any slackening in the agency's aggressive enforcement efforts, though. Both Feinstein and FTC chair Jon Leibowitz told us Feinstein intends to continue the FTC's established policies.
Credit-Card-Collection Plaintiffs Given Higher Hurdle for Summary Judgment
A state appeals court makes it tougher for creditors to win summary judgment in suits over unpaid credit-card balances — holding them to the same standard required to obtain a default judgment.A Buyer's Guide to Law Firm Software
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