Attorneys representing the 147 million Americans affected by the 2017
The deal “is historic, exceeding the value of all previous consumer data breach settlements combined,” class counsel said in its motion for attorneys’ fees.
Equifax will pay $380.5 million into a non-reversionary fund under the terms of the deal. If needed, it must add $125 million more for out-of-pocket claims.
Class members will be able to claim up to $20,000 for out-of-pocket losses, 10 years of credit monitoring or cash compensation, ...