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Credit Issues

February 13, 2007

Class Action Suit Accuses TJX of Negligent Credit Security

TJX, parent company of T.J. Maxx, Marshalls, and HomeGoods, faces a class-action lawsuit alleging it was negligent in failing to maintain adequate security of customers' credit and debit card data and failing to disclose the breach for a month. The suit claims that "[b]ecause of TJX's actions, hundreds of thousands or even millions of its customers have had their personal financial information compromised, have had their privacy rights violated, have been exposed to the risk of fraud and identity theft, and have otherwise suffered damages."  It seeks credit monitoring services and money  damages incurred by affected customers.

Source:  "TJX Faces Class Action Lawsuit in Data Breach" by Jenn Abelson, published in the Boston Globe.