Three state-wide bankers associations -- Massachusetts', Maine's and Connecticut's -- announced on Tuesday that they had filed a class action lawsuit against retail giant TJX Companies for damages caused by a series of computer breaches that exposed 45.6 million credit-card accounts.
"If we are successful against TJX, the nation's major retailers will finally wake up to the fact that not protecting consumer data is an unfair trade practice and that investment in data management systems to protect consumers and shield consumers against fraud and identity theft is required," Daniel Forte, president and CEO of the Massachusetts Bankers Association, said in a statement.
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