market · May 17, 2026

Home Depot Faces Class Action Lawsuit Over Parking Lot License Plate Tracking

Home Depot faces a new class action lawsuit accusing the company of improperly tracking customers through parking lot surveillance systems using license plate readers. The lawsuit alleges the systems monitored vehicle movements far more broadly than necessary and collected information on customers regardless of suspicious activity. Shares of Home Depot slid nearly 2% in Friday trading on May 15, 2026. The allegations raise privacy and civil liberties concerns with data allegedly shared with law enforcement. Wall Street analysts maintain a Strong Buy consensus on Home Depot stock despite the near-term controversy.