Months before announcing the Heartland Payment Systems (HPY) data breach, company CEO Robert Carr told industry analysts that the Payment Card Industry Data Security Standard (PCI DSS) was an insufficient protective measure.
This is a class action lawsuit brought by the FI Plaintiffs,
individually, and on behalf of similarly situated banks, credit unions and
other financial institutions that were injured as a result of a massive breach
in the computer systems (the “Data Breach”) at Defendant Heartland
Payment Systems, Inc. (“Heartland”).