How do I Exclude Myself from the Settlement? If you do not want to opt-out of the settlement, you must submit a claim to receive the $125.00 compensation. Not surprisingly, Equifax hopes that few people will opt-out of the settlement. Since, consumers can easily confirm their data was compromised by the link above and Equifax’s liability will be established by the settlement, separate actions by individual consumers based upon the same legal claims are essentially “slam-dunks.” By opting out of the class settlement and pursing individual lawsuits against Equifax, affected consumers can, and more likely than not would, receive significantly more compensation than $125.įor example, the class representatives would receive $2,500.00 each under the settlement. However, by opting out of the settlement, affected consumers will keep any rights they have against Equifax, including the ability to file their own claims against Equifax in separate lawsuits. If you opt out or exclude yourself from the settlement, you will lose any right to participate in the settlement, including the right to receive $125 compensation or other benefits.
By releasing your legal claims, you are giving up the right to file separate legal claims or seek further compensation from Equifax for any harm related to the data breach-whether or not you are currently aware of those claims. If you make a claim under the settlement, or if you do nothing, you will be releasing all of your legal claims relating to the data breach against Equifax when the settlement becomes final. Why Should I Exclude Myself from the Settlement?Įvery consumer who had their personal information disclosed by the data breach will be bound by the settlement reached in the Equifax Data Breach Lawsuit unless the consumer chooses to be excluded from the class (also known as “opting out”) by the court-established deadline. You can confirm you are a settlement class member, and eligible for benefits, by checking this website. consumers is nearly 1 out of 3 Americans, it is very likely you were affected by the breach. consumers whose personal information was impacted by the Equifax Data Breach. You are a settlement class member if you are among the approximately 147 million U.S. How do I Find Out if I am Part of the Equifax Data Breach Lawsuit consumers an estimated $125.00 in compensation. Among other things, the Consumer Restitution Fund will be used to pay each of the affected 147 million U.S. Under the settlement, Equifax will pay at least $380,500,000 into a Consumer Restitution Fund. The Equifax Data Breach Lawsuit Proposed SettlementĪlthough Equifax denies any wrongdoing, it has reached a proposed settlement that would cover all affected Americans who are part of the class. All of these people together are the “class” or “class members.”īecause the Equifax Data Breach is a class action, even persons who did not file their own lawsuit can obtain relief from harm that may have been caused by the data breach, unless those individuals exclude themselves from the settlement class by the deadline. In a class action, one or more people called “class representatives” sue on behalf of themselves and all other people with similar claims. However, in this example, many consumers might not bother to bring a lawsuit for $100.00.Ĭlass actions allow consumers with small or minor claims, based on the same or similar circumstances, to bring one lawsuit. consumers, that would equal $1.47 billion. For example, if Equifax stole $100.00 from 147 million U.S. Often consumers who have claims against a defendant choose not to file a lawsuit because the individual claim may be small or minor. The Equifax Data Breach Lawsuit is a class action lawsuit, which alleges that Equifax did not adequately protect consumers’ personal information and that Equifax unreasonably delayed providing notice of the data breach. ND 2017) (the “Equifax Data Breach Lawsuit”). Customer Data Security Breach Litigation, Case No. These lawsuits were consolidated into one class action lawsuit known as In re: Equifax Inc. District Court for the Northern District of Georgia is overseeing these lawsuits. Numerous lawsuits were brought on behalf of consumers whose personal information was impacted as a result of the data breach.
Equifax data breach settlement claim license#
This information included people’s names, Social Security numbers, birth dates, addresses, and in some instances driver’s license numbers, credit card numbers, or other personal information. The attackers gained unauthorized access to the personal information of approximately 147 million U.S. In September 2017, Equifax announced that it had been the victim of a criminal cyber-attack on its systems.
0 kommentar(er)
