11th Circuit Mostly Affirms Equifax Data Breach Settlement Valued At Billions

Mealey's (June 7, 2021, 11:01 AM EDT) -- MIAMI — A trial court’s approval of a settlement agreement between Equifax Inc. and a consolidated group of consumers who sued the credit-reporting service over its massive 2017 data breach was affirmed June 3 by an 11th Circuit U.S. Court of Appeals panel, which concluded that the agreement’s terms were fair and found no abuse of discretion in the approval procedures....