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District of New Jersey dismisses securities fraud claims against company that suffered data breach

  • Locke Lord LLP
  • -
  • USA
  • -
  • March 29 2010

Late last year, the United States District Court for the District of New Jersey dismissed a securities fraud litigation that had been brought against a payment card processor in connection with the theft, by cybercriminals, of credit and debit card information from the company's computer system