Now that a U.S. District Court has granted class action status to a suit brought by five financial institutions against Target for damages related to the retailer’s massive 2013 data breach, as many as 9,000 credit unions and other institutions should soon receive paperwork about participating in the suit, according to one of the attorneys in the case.

Charles Zimmerman of Zimmerman Reed PLLP (pictured), which is now the co-lead counsel for the class, told CU Times a court-approved notice should begin arriving in financial institutions’ mailboxes in a few weeks. Financial institutions don’t need to opt into the class, Zimmerman said; those that receive the notice are already deemed part of the class action.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Tina Orem


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.