Erickson Cos.’ $550,000 Data Breach Deal Gets Initial Court Nod

Arizona-based Erickson Cos. would pay $555,000 to settle a proposed class action alleging it failed to protect the personal information of nearly 12,000 employees that was exposed in a 2024 data breach, under a deal given initial approval in federal court.

Class members would be eligible for a reimbursement of up to $5,000 in documented losses related to the breach and a pro rata share of a $225,000 settlement fund after deduction of attorneys’ fees and other costs, according to the plaintiff’s motion for preliminary approval filed in the US District Court for the District of Arizona. The construction company ...