TJX settles data theft class-action suit

[lyger <lyger () attrition org>]

http://www.nashuatelegraph.com/apps/pbcs.dll/article?AID=/20070922/BUSINESS/309220010/-1/style

The TJX Cos. Inc. announced Friday it has settled class action lawsuits in 
the United States, Canada and Puerto Rico related to a massive security 
breach of customer data that affected at least 45 million credit and debit 
cards.

The announcement did not specify the amount, but noted that its estimated 
costs were included in a $107 million reserve included in its 
second-quarter report for fiscal 2008 and its estimate of $21 million in 
future costs expected in fiscal 2009.

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