The Target Corporation has been sued by at least 11 customers over a recent credit card security breach, which saw the details of more than 40 million cards stolen, BBC News reported. Some of the lawsuits were class-action, while at least one was seeking millions in damages
Citigroup agreed to pay $730 million to settle a class-action lawsuit that claimed investors were misled by the bank's disclosed when they purchased its debt and preferred stock. These investors' purchases were made from May 11, 2006 through November 28, 2008.