Plaid Sheds Some Scraping Claims But Still Faces Privacy Suit (1)

Plaid Inc. won its bid to dismiss some claims levied against it in a proposed privacy class action, but must face other claims in California federal court.

The San Francisco-based financial services company successfully shed computer fraud, Stored Communications Act, and unfair competition claims but must face allegations it invaded users’ privacy and violated the Anti-Phishing Act, according to an order filed April 30 in the U.S. District Court for the Northern District of California.

Plaid is committed to user transparency and doesn’t sell user data to third parties, said Michael Rhodes, a Cooley LLP partner acting as lead counsel ...