Cupertino Electric to Pay $740,520 to Settle Data Breach Suit

Cupertino Electric Inc. agreed to pay $740,520 to settle a proposed class action alleging the electrical systems designer failed to protect the personal information of nearly 25,000 people that was exposed in a 2023 data breach.

Under the proposed deal awaiting a federal judge’s final approval, class members each would be eligible for reimbursement of up to $5,000 for documented out-of-pocket losses related to the breach, or a pro rata share of the net settlement fund after attorneys’ fees and costs are deducted. The plaintiffs sought final approval Tuesday in the US District Court for the Northern District of California ...