Home Depot Claims Financial Institutions Lack Standing to Sue

Home Depot has filed a brief to support its claim that financial institutions lack standing to sue for losses resulting from the massive data breach in 2014. Home Depot states that financial institutions are seeking injuries from possible future harm and not for previous injuries. The brief adds that the trade associations that are also parties to the class action suit lack standing because they cannot show that their entire memberships incurred harm. [9/29/15]