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Valley National Customer Opposes Transfer of Fraud Action to MOVEit MDL

Plaintiff Susan Allcock opposes inclusion of her negligence class action against Valley National Bank involving the MOVEit data breach in conditional transfer order 9 (CTO-9), said her opposition notice (docket 2:23-cv-20900) Wednesday before the U.S. Judicial Panel on Multidistrict Litigation.…

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Allcock's case, removed Oct. 4 from Middlesex County Superior Court in New Jersey to the U.S. District Court for New Jersey in Newark, asserts she and class members are entitled to a “significant amount of monetary damages” related to “actual identity theft” from the compromise of her personally identifiable information in the late May data breach of Progress Software Corp.'s (PSC) MOVEit file transfer software. Her action, which doesn't name PSC as a defendant, claims Valley Bank “failed to implement reasonable data security measures” to protect her PII. Valley Bank’s failure to protect customers’ information “ultimately allowed nefarious third-party hackers to breach the systems housing PII,” alleges her complaint. Allcock’s action was one of 13 included in CTO-9 (see 2310260037), transferring cases to In Re: MOVEit Customer Data Security Breach Litigation to U.S. District Court for Massachusetts in Boston under U.S. District Judge Allison Burroughs. As of Monday, the number of transferred cases in the MOVEit MDL had reached 100 (see 2310300006).