The law firm of Beasley Allen has filed a second class action lawsuit against the Target Corporation, this time on behalf of Alabama State Employees Credit Union.
Beasley Allen says that the lawsuit is seeking compensation for financial losses resulting from defrauded deposits of financial institution members and customers and the costs associated with the closing of accounts, reissuing of checks, debit and credit cards.
"Because Target failed to maintain adequate computer data security of customer credit and debit card information, it exposed millions of people to the risk of fraud and identity theft, and violated their privacy rights," said Beasley Allen Founding Shareholder Jere L. Beasley.
The Montgomery law firm previously filed a class action lawsuit for Target customers whose credit and debit card information was compromised in a security breach.
That lawsuit was filed on behalf of Kathryn V. Dickson against the Target Corporation. Customers whose accounts suffered losses as a result of the breach are potential class members.
Target says the issue has been resolved and the company is putting full resources behind investigating the breach and finding ways to prevent similar breaches in the future. The company is encouraging customers to review their account statements and monitor free credit reports.
The breach happened just before Black Friday and continued through Dec. 15.
"A breach of this nature indicates Target did not abide by the best practices and industry standards concerning the security of its Information Technology systems," said Beasley Allen lawyer Larry Golston in a news release.
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