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Target Sued by Connecticut Bank Over Fallout From Data Breach

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Jan. 13 (Bloomberg) -- Target Corp.’s consumer credit- and debit-card data breach cost Connecticut-based Putnam Bank and other lenders money because it forced them to issue customer alerts and new cards while reimbursing account-holders for their own losses due, according to a complaint filed today in federal court in Minneapolis.

Link to Company News:{TGT US <Equity> CN <GO>}

To contact the reporter on this story: Andrew Harris in federal court in Chicago at

To contact the editor responsible for this story: Peter Blumberg at

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