Equifax, Investors Get Final OK of $149 Million Hack Settlement

July 2, 2020, 6:37 PM UTC

Equifax Inc. can settle an investor suit stemming from a 2017 data breach that laid bare the personal information of nearly 150 million Americans for $149 million after a Georgia federal district judge gave final approval.

The settlement resolves investor allegations that the credit reporting agency misled them about the breach. Judge Thomas W. Thrash Jr. certified the class for settlement purposes, according to U.S. District Court for the Northern District of Georgia filings entered on the docket Wednesday.

Bernstein Litowitz Berger & Grossmann LLP served as lead counsel to the class. The firm will receive $29.8 million—20% of the ...

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