Home Depot Faces Litigation Over Data Breach

Home Depot faces at least 44 lawsuits in the United States and Canada over a massive data breach earlier this year that affected 56 million debit and credit cards. The nation’s biggest home improvement retailer said Tuesday in a regulatory filing that several state and federal agencies also are looking into the data breach and it may face more litigation from customers, banks, shareholders and others. Home Depot said the litigation and the investigations may distract management and affect how it runs its business. It also could lead to additional costs and fines.