Many U.S. employers offer their employees financial wellness programs to complement retirement planning and investment advice. This may include emergency savings plans and household budgeting tips, for example. Many of these employers utilize their retirement plan service providers for those trainings. Not only do those companies have the knowledge and expertise in this area, but
Seventh Circuit
Seventh Circuit overturns Neiman Marcus data breach class action dismissal
By Linn Foster Freedman on
Posted in Data Breach
In an unusual turn for recent data breach class action cases, the Seventh Circuit this week found that a likely threat of identity theft is sufficient for a proposed class to have standing to sue Nieman Marcus for a cyber-hacking incident that affected 350,000 card holders in January of 2014.
The lower Court dismissed the…