News & Analysis as of

Class Action Financial Services Industry Personally Identifiable Information

A class action is a type of legal action where a representative individual or group of individuals can bring a claim on behalf of a larger group or class who share a common legal interest.
Troutman Pepper

30 States Urge Ninth Circuit to Reinstate Data Privacy Lawsuit

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In an unusual move, attorneys general (AG) from 30 states and the District of Columbia filed a bipartisan amicus brief in the Ninth Circuit supporting efforts to revive a proposed class action against payment processor...more

Orrick, Herrington & Sutcliffe LLP

Illinois Supreme Court sets five-year SOL for section 15 BIPA violations

On February 2, the Illinois Supreme Court held that under the state’s Biometric Information Privacy Act (BIPA), individuals have five years to assert violations of section 15 of the statute. ...more

Orrick, Herrington & Sutcliffe LLP

District Court approves $11 million data breach settlement

On January 4, the U.S. District Court for the Northern District of Texas granted final approval of an $11 million class action settlement resolving allegations related to a February 2021 data breach that compromised more than...more

Moore & Van Allen PLLC

Capital One Reaches $190 Million Settlement In Connection with 2019 Data Breach

Moore & Van Allen PLLC on

The saga of the Capital One data breach, which impacted an estimated 106 million individuals in the U.S. and Canada, may soon be coming to an end. After more than two years of litigation, the parties have reached a settlement...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - January 2021 #3

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CYBERSECURITY - NYDFS - Cybersecurity Certificate of Compliance Due April 15, 2021 The New York Department of Financial Services (DFS), which regulates certain covered entities and licensed persons in the financial...more

Bilzin Sumberg

With Consumer Protection Class Actions On the Rise, Is the Financial Services Industry in the Crosshairs?

Bilzin Sumberg on

Lawyers or business people who feel they have been hearing about a lot more consumer protection class actions lately have good reason for that feeling. A recent report by Lex Machina, part of LexisNexis, highlights an...more

Robinson+Cole Data Privacy + Security Insider

Privacy Tip #201 – Capital One Suffers Massive Data Breach

Many readers have reached out to learn about the Capital One data breach and how it affects us. If you haven’t been watching the story unfold as closely as I have, here is a summary of what happened, what information was...more

Burns & Levinson LLP

Goldilocks and the Three Laws

Burns & Levinson LLP on

A recent Harris Poll surveyed adults on the topic of corporate social responsibility and found, not surprisingly, that a majority of those asked stated that companies should – or perhaps “ought” – to have a mission beyond...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - September 2018

Robinson & Cole LLP on

We reported last week that a spyware maker recently compromised users’ and victims’ sensitive information. Since that time, another spyware maker, mSpy, which holds itself out as having over a million users employing its...more

Troutman Pepper

Consumer Data Breach: Equifax and Arbitration

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The latest large consumer data breach, this time involving Equifax, has also shed a sharp light on an ongoing controversy about consumers’ access to justice. In taking steps to ameliorate its PR crisis, Equifax found itself...more

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