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In data breach case, Fifth Circuit says New Jersey’s economic loss doctrine does not bar negligence claim by credit card issuers

On September 5, 2013 by Schnader in Finance

By Stephen J. Shapiro In 2008, hackers compromised the network of Heartland Payment Systems, a company that processes credit card transactions, and obtained access to the personal data of millions of credit card holders. Not surprisingly, the incident led to a slew of litigation, including a lawsuit filed in federal court […]

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