TJX has some ballsy lawyers.
The consumer class-action lawsuit, which already has a proposed settlement before the court, is separate from the bank class-action lawsuit.
Coakley joined the chorus of parties objecting to the settlement that includes a one-day public sale that TJX proposed holding to help the consumers who were victimized in the data breach.
Her objection was not so much with the sale itself, but with having it included as a part of the official settlement. The difference? If it's in the official settlement, it increases how much money the consumer lawyers involved in the case get for their fee.
"We are unaware of precedent in which a special event, or any type of sale open to the general public, has been deemed a benefit of a class-action settlement and this court should avoid that precedent. We believe this aspect of the proposed settlement demeans the class-action process, which can be used as a meaningful tool to protect consumers," Coakley wrote to U.S. District Court Judge William G. Young, on behalf of some of the participating state attorneys general.