Abraham Gutman reports:
Comcast is one step closer to settling 24 class action lawsuits over a 2023 data breach that potentially impacted over 30 million former and current customers.
A $117.5 million settlement agreement received preliminary approval from a federal judge in the Eastern District of Pennsylvania last week.
Impacted customers would be able to receive three years of financial monitoring and identity-theft-protection service and choose between reimbursement of expenses up to $10,000 or a $50 cash payment, if the current terms of the agreement gain final approval.
Comcast did not oppose the request for preliminary approval of the agreement, but noted in court records that it does not agree with the facts as told by the representatives of the customers and denies all liability.
Read more at the Philadelphia Inquirer.