Monday, September 14, 2009

More on Heartland Breach Court Case

I have been out of town since Sept 9th. Now I have to play catch-up or is it Ketchup?

Heartland Update: Judge to Hear Motions to Dismiss Class Action Suits
Attorney: Discovery is "the Biggest Battlefield"
September 9, 2009 - Linda McGlasson, Managing Editor

Preliminary legal hearings have begun in the class action suit against Heartland Payment Systems, the U.S.-based payments processor that was breached in 2008

More than 30 financial institutions from 22 states have joined the lawsuit against Heartland, which is the largest data breach on record, with a reported 130 million credit and debit cards stolen.

....There are two class action suits -- one on the consumer side and the second on behalf of the financial institutions affected by the massive breach. Earlier in June, a Multidistrict Litigation (MDL) panel decided the suits would be held in Houston. ...

..Coffman said that the biggest battle during the August 24 hearing was discovery; specifically, what Heartland will be required to produce now and what will be deferred until next spring after Heartland's anticipated motion to dismiss is argued. Heartland already has filed a motion with the Court asking that all discovery be stayed until after the Court rules on the motion to dismiss. Coffman anticipated that the Court will rule on Heartland's motion to stay discovery shortly....(Full text at www.bankinfosecurity.com)

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