Judge Approves $1.38 Billion Settlement in Equifax Data Breach Lawsuit

    On January 13, 2020, a judge in the U.S. District Court for the Northern District of Georgia issued a Final Order in the matter of Equifax, Inc., Customer Data Security Breach Litigation.

    The Order gives final approval to a July 2019 proposed settlement under which Equifax agreed to pay at least $1.38 billion, which includes $1 billion in data security upgrades, a $380.5 million settlement fund, $77.5 million in attorneys’ fees, $1.4 million in reimbursement costs, and up to $125 million in out-of-pocket losses.

    Read more at Bank Info Security

    Read the Proposed Settlement.

    View a related article: Equifax Agrees to $1.38 Billion Data Breach Settlement

    Need a Data Privacy, Protection, and Security expert?

    If you are in need of an expert with experience in data privacy and data security disputes, we invite you to consider DisputeSoft.

    View all posts