A federal judge has dismissed most of the complaints financial institutions, including credit unions, brought against Heartland Payment Systems for its January 2009 card data breach.
The credit unions and banks that brought suit were ones that declined to participate in a previous settlement agreement that the card brand Visa negotiated and sponsored.
The breach has been recognized as one of the largest ever, compromising information from more than 100 million U.S. consumers. Litigation was brought by banks and credit unions and then consolidated into one complaint heard by U.S. District Judge Lee Rosenthal in the U.S. District Court for the Southern District of Texas.
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