TJX Sued by Big Shareholder Over Records Debacle

Wilmington, Del., Arkansas Carpenters Pension Fund, which owns 4,500 shares of TJX stock, filed a lawsuit Monday to obtain records showing how the retail chain handled computer problems that exposed customer data to hackers.

The shareholder said it initiated the suit after its request to see relevant documents was rebuffed by the company. The suit was filed under a law that allows shareholders to sue to get access to corporate documents for certain purposes.

Login or Register to post a comment.