Eleventh Circuit Affirms $380.5M Class Action Settlement in Equifax Data Breach Litigation
“Last week, the United States Court of Appeals for the Eleventh Circuit affirmed the $380.5M settlement in the Equifax data breach class actions – a settlement which the district court called “the largest and most comprehensive recovery in a data breach case in U.S. history by several orders of magnitude.” The appeal was brought by 6 objectors out of the 147 million class members whose data was involved in the breach,” reports Balch & Bingham LLP in JDSupra
“The Eleventh Circuit’s 64-page ruling covers the waterfront of class action law and provides important insight into how the Eleventh Circuit views two key issues: (1) standing to sue for a data breach; (2) attorneys’ fees and incentive awards in class action settlements; and (3) the breadth of a district court’s discretion in managing the class action process.”
