Bank pulls out of class-action lawsuit against retail giant Target

Texas-based Green Bank will drop out of its own suit over liability of Target’s data breach

The class-action lawsuit from two banks surrounding retail giant Target’s data breach experienced a bizarre twist late last month — just four days after the lawsuit was filed — New York-based Trustmark National Bank backed out of the suit, claiming it was baseless. Now, legal experts question if the second bank, Texas-based Green Bank will drop out of its own suit over liability of Target’s data breach.

The data breach occurred between November 27 — known as Black Friday, the big shopping bonanza following Thanksgiving — and December 15.

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Alexis Harrison

Alexis Harrison is a Connecticut-based writer and public relations professional whose career spans both print journalism and broadcast news. Alexis started her professional life as...

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