Visa’s fines are punitive, not compensatory – Genesco
More on Genesco’s lawsuit over Visa’s fines following a data breach:
Jeffrey Benzing reports that Genesco is arguing that Visa’s own internal documents show that they view breach fines as penalties and not compensatory. Genesco argues that the fines are therefore unenforceable under California law. Read more about their legal argument on Main Justice. Previous coverage of the Genesco breach and legal wrangling can be found here.