Hausfeld has served on the Executive Committee in First Choice Federal Credit Union v. Wendy’s where we represent financial institutions who have had to pay to replace credit cards and cover fraud losses sustained by customers as a result of a data breach at Wendy’s franchisees.
In March 2017, the Court denied Wendy’s Motion to Dismiss. In February 2019, Wendy’s agreed to settle the litigation for $50,000,000 and significant injunctive relief. The Court preliminarily approved the settlement, and a final approval hearing is set for November 6, 2019.
If you have questions about this or other pending litigation, please contact any of the related lawyers listed above.