Judge: Settlement Between Target and MasterCard Can Go Forward

A proposed $19 million settlement between MasterCard and Target Corp. over the Minneapolis-based retailer’s 2013 data breach can move forward after a federal judge last week denied an attempt to block parts of it. U.S. District Judge Paul Magnuson denied a motion for a preliminary injunction by smaller banks. The banks, which are also suing Target for damages related to the breach, objected to MasterCard’s proposed out-of-court settlement, which would require banks that sign onto it to drop further claims against Target, including participation in the suit seeking class action.