Credit card suit now seeks damages
Joris Evers writes in C|Net News:
A class action lawsuit filed after millions of credit card accounts were compromised by a data breach at payment processor CardSystems Solutions now also demands unspecified monetary damages for consumers and merchants.
The amended complaint was filed on behalf of California credit card holders and card-accepting merchants Wednesday in California Superior Court in San Francisco.
The suit, originally filed on June 27, names as defendants CardSystems, MasterCard, Visa and Merrick Bank, a card-issuing bank that used CardSystems to process transactions. None of the defendants could not be reached for comment late Wednesday.
The suit accuses the companies of violating California law by neglecting to secure credit card systems and by failing to inform consumers in a timely manner about a security breach at CardSystems, which was disclosed publicly on June 17 by MasterCard.
posted by Fergie @ 7/07/2005 07:14:00 AM
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