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Target Data Breach Costs
Consumers And Lenders

   

By: Robert R. Sparks, Esq. 

 

Target Data Breach Costs Consumers and Lenders - Strauss Troy
 

At the height of the holiday shopping season, Target Corp. (TGT:NYSE) announced that customer credit card data had been compromised. The breach reportedly occurred between November 27 and December 15, 2013. Initially, Target reported that only credit card data had been accessed -- not debit card data or Target's own credit card. Target assured customers that debit card PIN data had not been compromised. Though the breach was large -- 40 million customers -- Target promised that the financial harm would be limited: "You will not be responsible for fraudulent charges -- either your bank or Target have that responsibility."

 

The scope of the breach has grown since the initial disclosure. In addition to the payment data that was previously disclosed, Target reported that "names, mailing addresses, phone numbers or email addresses for up to 70 million individuals" had been taken. Target has confirmed that encrypted PIN data for debit cards was taken as well. Target again told customers -- but not lenders and credit unions -- that they would "have zero liability for the cost of any fraudulent charges arising from the breach."

 

Target's customers, and the lenders that issued their credit and debit cards, are potentially on the hook for at least some of the unauthorized charges. While the liability of credit card customers tops out at $50, the liability of debit card holders is not as clear. Depending on when a debit card customer notices and reports the unauthorized charge, he or she can be liable for $500 of unauthorized charges if the loss is not reported within two days. Also, refunds to debit cards can take much longer to process, leaving people with limited or no funds to pay bills and buy essential items until the unauthorized charge is reversed. 

   

 

 

Strauss Troy is investigating potential claims for consumers and lenders arising out of the Target data breach. If you would like to discuss a potential claim, call me at 513.629.9417 or Ron Parry at 513.629.9485.

 

 

Strauss Troy Attorney Rob Sparks
Strauss Troy Attorney Rob Sparks
Rob Sparks concentrates his practice in civil trial and appellate practice in the areas of consumer class actions, consumer fraud, investment fraud, insurance litigation, and insurance and brokerage matters. He has represented people and businesses harmed by fraud and unscrupulous business practices in state and federal courts throughout the United States for more than 23 years.

Nationally-Recognized Legal Team Joins Strauss Troy

 

Attorneys Ron Parry And Robert Sparks  

Grow The Firm's Litigation Practice

Strauss Troy AttorneysRobert Sparks (l) and Ron Parry
Strauss Troy Attorneys
Robert Sparks (l) And Ron Parry

 

Strauss Troy announces that two high-profile litigators, Ron Parry and Robert Sparks, have joined the firm's Litigation Practice Group. The team's paralegal Patty Dold is also on board.

 

"Ron and Rob are well-respected in the legal community, and they add horsepower to our already strong litigation practice group," said Jim Heldman, president of Strauss Troy. "Due to their nationally-recognized work, they will add immediate value in the areas of financial service and insurance-related consumer class-action lawsuits, ERISA issues and consumer law."

 

Litigation Attorney Ron Parry has tried, to conclusion, more than 50 civil and criminal jury trials, including several jury trials involving class actions. He participated as co-lead counsel in one of the nation's first "paperless" class action trials (Ayers v. Sutliffe, No. CI-90-650, 1992 WL 207235 (S.D. Ohio 1992)). He served as lead counsel or co-lead counsel in numerous insurance and consumer class actions, including cases filed against life insurance companies relating to deceptive sales practices, interest crediting practices, cases filed against property and casualty insurers relating to improper claims-handling practices, and cases brought by state employees relating to inadequate distribution of retirement assets. Parry is licensed to practice law in both Ohio and Kentucky.

 

Litigation Attorney Rob Sparks concentrates his practice in civil trial and appellate practice in the areas of consumer class actions, consumer fraud, investment fraud, insurance litigation, and insurance and brokerage matters. Rob has represented people and businesses harmed by fraud and unscrupulous business practices in state and federal courts throughout the United States. He has served as court-appointed lead class counsel in several certified nationwide ERISA and insurance litigation class actions. He was named a Kentucky Super Lawyer in 2008 and has been a member of the Kentucky Justice Association since 1995.

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E-Commerce Software Is On Docket
For Supreme Court With
Closely-Watched Business
Method Patent Case

 

By: Kevin S. Sprecher, Esq.

 

 

Today, you don't think twice about clicking a button on Amazon or Priceline to make a purchase, but complex underbelly e-commerce engines drive these systems. These software programs are protected by nuanced business method patents that have come under question.

Business methods and computer software programs are significant components of today's high-tech and innovation-focused economy. However, patent protection for these assets has proven controversial and unpredictable in both the U.S. Patent and Trademark Office and in the federal courts.

 

The U.S. Supreme Court will hear arguments in a closely-watched case involving e-commerce software patents, Alice Corp. vs. CLS International. As soon as this summer, the Court should provide better guidance on how to determine whether certain business methods and software programs are patentable.

 

Is Your Business Method Patentable?

 

In general, a business method patent protects the process of conducting business. Often, it pertains to a business process that is a significant revenue stream for the patent owner. Although patents can be granted for any business method, most business method patents are directed to e-commerce and/or automated business processes.

 

The courts and the patent office agree that a business method can be patented if it satisfies the statutory requirements of patentability -- meaning it's original, useful and not obvious.

 

Read More  

 

  

Strauss Troy Attorney Kevin Sprecher
Strauss Troy Attorney Kevin Sprecher

 

Kevin Sprecher leads Strauss Troy's Intellectual Property practice. His work emphasizes all aspects of intellectual property law including U.S. and international patent prosecution, portfolio management and counseling, as well as licensing, internet issues, brand development, U.S. and international trademark prosecution and portfolio management, regulatory compliance, antitrust, trade secrets, due diligence and general corporate law.

  

Contact Kevin at 513.629.9422 or
kssprecher@strausstroy.com
 

 

Strauss Troy Honored At 
Annual CREW Gala

 

Strauss Troy Attorney Philomena Ashdown
Strauss Troy Attorney Philomena Ashdown

Strauss Troy was honored by CREW (Commercial Real Estate Women) at their Annual Sponsor Appreciation & Holiday Celebration Luncheon on December 10th. Strauss Troy Attorneys Bill Strauss and Philomena Ashdown have served on their Board of Directors. 

 
In 1993, Strauss Troy Attorney Philomena Ashdown and a small group of Cincinnati women began to meet regularly to initiate plans to form the local chapter of NW CREW -- the national organization of women working in all disciplines of the commercial real estate industry, including banking, asset management, title work, brokerage and law. In 1994, the Cincinnati chapter of CREW was incorporated, with Mrs. Ashdown as its first president, and joined the national organization, CREW Network. With nearly 9,000 real estate professionals (now including both men and women) across North America, the CREW Network "exists to influence the success of the commercial real estate industry by advancing the achievements of women."

 

Strauss Troy is proud to be a continuing sponsor of this well-renowned organization that is now in its 20th year.  

 

Learn More About The Cincinnati  

Chapter Of CREW   



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Attorneys On The Move 
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  Strauss Troy Attorney Emily Supinger
Attorney Emily Supinger has been named a 2014 Ohio Rising Star by Super Lawyers. Rising Stars are up-and-coming attorneys who are either under the age of 40 or who have been practicing for less than 10 years.

 

Emily practices in the areas of civil litigation, property rights, zoning and land use planning, eminent domain, municipal law and employment law. She has represented political subdivisions, locally and across Ohio, in a variety of matters, including zoning disputes and eminent domain cases. Emily has also represented clients in a variety of other matters, including personal injury and wrongful death, civil rights and corporate disputes. 
  
Strauss Troy Attorney Mary Beth StevensonStrauss Troy Attorney Mary Beth Stevenson has been elected to the position of 2014-2015 secretary of the Fort Thomas Business Association. The FTBA promotes the success and growth of all businesses in Fort Thomas, Kentucky through strategic and collective marketing efforts, business-to-business networking, community engagement and professional development. By promoting private enterprise and economic development, in conjunction with government and community organizations, the Fort Thomas Business Association is fostering a sustainable local economy.

 

Mary Beth is "honored by the opportunity to contribute to the Fort Thomas Business Association and looks forward to assisting the launch of the association's 'My Fort Thomas' app." The application will centralize all Fort Thomas business activities with city events, news, school functions and sports. This initiative will invigorate business activity and community awareness in local events. 

Strauss Troy Attorney Frank Klaine Frank Klaine presented a one-hour CLE course on tax valuation, assessment and review procedures at the Cincinnati Bar Center on January 15th. Presented by the Cincinnati Bar Association Young Lawyers Section, Frank's course was part of the Brown Bag Series, which offers an array of topics that will appeal to attorneys of all levels of experience and practice areas. 

 

Strauss Troy Attorney Sam Allen Sam Allen followed his father's and grandfather's footsteps and pursued the field of law, after he graduated from Harvard and served in the Korean Conflict in Japan.

 

He earned his law degree from UC Law School in 1957 and spent his entire legal career with Strauss Troy. He served as chairman of the board and focused his practice on corporate planning, labor and employment law.

 

For nearly 30 years, Sam served as Chancellor of the Diocese of Southern Ohio for the Episcopal Church, and was an active member of the Christ Church Glendale. When Sam retired from Strauss Troy, he and wife Louise began painting. They traveled to Europe for extended periods of time to paint. His work has been displayed in a number of art shows. He is survived by his wife, Louise, four children and six grandchildren.

 

The Strauss Troy family will miss our friend and colleague. 

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Strauss Troy Sponsors Kentucky Symphony Orchestra  
 
As part of Strauss Troy's "Your Community -- Our Commitment�," we are proud to support the Kentucky Symphony Orchestra as a sponsor of their 20th annual FUNdraiser: "Livin' La Vida Loca."

The event, which begins at 6:30 on Saturday, February 8th, will be held at the Newport Syndicate (View on a map). Tickets are $125 per person ($50 tax deductible) and can be purchased by completing the online form or by calling 859.431.6216.  

 

Reservations are due February 3rd. Each reservation includes two drink tickets, a three-course meal with wine, live music from the KSO Boogie Band, dancing and an auction. Beginning February 1st, you can click here to preview and bid on auction items online.  

 
You will also have the opportunity to enter to win a raffle prize at the event (winner need not be present to win). This year's raffle prizes:
  • Reds vs. Red Sox Boston Trip (includes airfare, hotel & 2 premium seats at historic Fenway Park; May 6 or 7, 2014) - $10 per chance
  • Macy's $500 gift card - $5.00 per chance

As the KSO's only fundraiser, the outdoor summer concerts in Devou Park and the free Education Outreach series depend on the proceeds from the Gala. We hope you can join us.   

 

Gala Agenda

6:30 Cocktails and Silent Auction
7:45 Three Course Meal with Wine
8:15 Tribute to 20 Galas and their Chairs
8:20 Live Auction
8:45 Dance Set: "Oye Como Va"
9:45 Raffle Drawing
10:00 Dance Set: "Livin' La Vida Loca"

  

About The KSO Boogie Band


Formed in 1999, the KSO Boogie Band provides a social and nostalgic vehicle that allows patrons to dance, sing along and enjoy the annual gala without the rules associated with a traditional symphonic performance.    

The all-star band and local vocalists revel in authentically presenting everyone's favorite songs in a live studio-style presentation that invites the audience to participate.     

This year's gala will feature 50 years of Latin and crossover pop. 

 

 

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Sharper Insight. 

Trusted Integrity.
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Strauss Troy is a full-service law firm with offices in Cincinnati, Ohio and Covington, Kentucky. Founded in 1953, Strauss Troy has diverse expertise and a history of proven success. The firm has the right legal professionals, working together as a team, to provide smart, innovative, trusted legal solutions.

 

Strauss Troy's Areas of Practice

Strauss Troy is recognized as a leading law firm in the Greater Cincinnati | Northern Kentucky region and is a Martindale-Hubbell Top Ranked Law Firm™ in Fortune Magazine. The firm is recognized as a U.S. News & World Report "Best Law Firm," and many of its attorneys are honored as peer-rated Martindale-Hubbell AV� Preeminent™ Attorneys, Best Lawyers� in America, Super Lawyers� and Rising Stars.

 

Strauss Troy Covington Office

Cincinnati, Ohio
150 E. Fourth Street
The Federal Reserve Building
Cincinnati, Ohio 45202
513.621.2120

Northern Kentucky
50 E. RiverCenter Blvd.
Suite 1400
Covington, Kentucky 41011
513.621.8900

  
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