U.S. District Judge Thomas Thrash on Friday approved a settlement between Home Depot and financial institutions, including credit unions, in a suit filed in the wake of a 2014 data breach at the retailer.
Several state credit union leagues and CUNA were plaintiffs in the suit.
The settlement, filed in the U.S. District Court for the Northern District of Georgia, includes creation of a $25 million fund by Home Depot for distribution through a claims process, as well as an agreement by the retailer to strengthen data security systems.
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