On July 16, plaintiffs in a putative class action filed a motion for preliminary approval of their settlement agreement with a video game and electronics retailer over a data breach that occurred between August 2016 and February 2017. The complaint, filed in September 2017, alleged that a security breach of the company's servers compromised customer credit and debit card information. The proposed settlement would provide reimbursements for the estimated 1.3 million credit and debit cards that were compromised during the breach. Under the proposed settlement, class members would be reimbursed $15 per hour spent replacing cards and $22 per card on which documented fraudulent charges occurred.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
