December 23 2024

Judge Steps in to Dictate Settlement Communication in Home Depot Breach

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As a result of a previous ambiguous settlement notice that was sent to financial institutions, U.S. District Court Judge Thomas Thrash has stepped in to dictate the manner of communication for the final settlement offer between Home Depot and Mastercard. Thrash ordered that settlement offers may only be extended after the settlement has been fully negotiated and finalized and that the written offers must contain adequate details, advise the class members of their rights, and advise the class members that the offered recovery may be less than what is recoverable through litigation. [12/16/15]

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