Facebook Pays $6.5 Million to End Fee Fight in Breach Case (1)

Facebook Inc. will pay $6.5 million to class counsel in a lawsuit that alleged the company’s negligence allowed hackers to obtain user information via software bugs, ending a dispute over attorneys’ fees.

The parties reached an agreement prior to a hearing scheduled for Thursday, they told Judge William Alsup. The amount is described in a stipulation as “a material reduction from the total attorneys’ fees and litigation costs Plaintiff initially sought.”

Stephen Adkins sued the social media giant in 2018, saying the personal identifying information of 50 million users was exposed “due to a flaw in Facebook’s code” that allowed ...