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Visa Escapes Class Action Over Vanilla Gift Card Fraud Amid Consumer Security Concerns #news #market
Visa Inc. $V, the world's largest card payment network, has successfully fended off a proposed class action lawsuit filed by U.S. consumers who alleged that the company failed to disclose the vulnerability of its Vanilla-branded prepaid gift cards to theft and fraud. The ruling, delivered by U.S. District Judge Gregory Woods in Manhattan, marks ...
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