Fourteen credit unions still have a chance to recoup some of themoney they lost in the 2008 Heartland Payment Systems databreach.
The Fifth District Court of Appeals has sided with the creditunions and banks which lost their initial case against Heartland.The Court agreed that the financial institution plaintiffs, whichinclude both banks and credit unions, have a negligence claimagainst the firm for the losses they incurred from the cardcompromise.
The breach has been recognized as one of the largest ever, compromising information frommore than 100 million U.S. consumers. Litigation was brought bybanks and credit unions and then consolidated into one complaintheard by U.S. District Judge Lee Rosenthal in the U.S. DistrictCourt for the Southern District of Texas.
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