Yesterday, Tara Siegel Bernard of the New York Times published a story providing an update on the claims process in the Equifax data breach litigation. The deadline to file initial claims was January 22, 2020.
She reports that as of December 1, 2019, “just more than 10 percent of the consumers affected had filed for some type of compensation.” More than 4.1 million people opted for the cash payment, which would work out to less than $7 per person (the settlement included $31 million to pay those claims). About 3.3 million people opted for credit monitoring services.
The full story is available here.
