Class counsel argued that Target had cut them and their clients – and the court overseeing consolidated data breach litigation – out of the negotiating. They said the company was trying to hijack the ...

More than a year after Target Corp.’s massive data breach, the retailer announced a settlement agreement with MasterCard to compensate card issuers for operational costs and fraud-related losses.

After years of legal back and forth, major retailers may be changing their credit card payment policies and consumers could wind up footing the bill.

(Reuters) - Target Corp said it had agreed to reimburse about $19 million to financial institutions that had issued MasterCard-branded cards that were a part of the massive data breach at the retailer ...