The judge presiding over multidistrict litigation concerning Home Depot’s data security breach that imperiled 56 million customers’ financial information said Monday that settlement notices sent to some potential plaintiffs over Thanksgiving were both misleading and “clearly coercive.”
U.S. District Chief Judge Thomas Thrash Jr. made the finding at the end of a two-hour hearing after lawyers for the Atlanta-based home improvement chain revealed that it had negotiated a conditional settlement with MasterCard International and made settlement offers to the 27 largest financial institutions that are potential plaintiffs in the litigation.
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