Canon Business, General Electric Settle Worker Data Breach Suit

Canon Business Process Services Inc. and General Electric Co. reached a class action settlement agreement with an employee who said the companies were negligent in securing his data, leading to a breach that compromised the personal information of more than 10,000 former and current employees.

The proposed settlement includes $3,500 per class member, and additional funds for time lost remedying issues traceable to the data breach at $18 per hour for up to four hours.

If Judge Katherine Polk Failla of the US District Court for the Southern District of New York approves the deal, members of class would also ...