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TJX Offers Deal In Security Breach Case

TJX Cos. said that it reached a tentative settlement with customers who were victims of the largest security breach of personal data ever reported and that it would provide store vouchers to some people whose data were compromised and a three-day sale for all customers. The deal in the class-action lawsuit, disclosed by TJX of Framingham late yesterday, still requires court approval and would not resolve claims TJX faces from banks that had to reissue many credit and debit cards compromised in the breach.

TJX offers deal to end data breach suit, Boston Globe, September 22, 2007.