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Stock impact report

Protecting objectors: N.Y. judge balks at tough rules in data breach class deal [Reuters]

Lithia Motors, Inc. (LAD) 
Last lithia motors, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: lithiainvestorrelations.com
Company Research Source: Reuters
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) - U.S. District Judge Kevin Castel of Manhattan joined a very small club last week. The judge granted preliminary approval to a pair of proposed class action settlements stemming from a 2018 breach of payment card information from Saks and Lord & Taylor customers. But Castel balked at a one particular piece of the proposed deals, in which the stores' parent, Hudson Bay Co ULC, agreed to pay as much as $2 million to consumers and up to $4 million to financial institutions affected by the breach. In a two-page order , Castel said that the proposed settlements made it too hard for objectors to challenge the class deals. On his own accord, the judge revised the terms of the proposals to knock down some of Show less Read more
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