T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack.
Following the payout, the company said it plans to spend $150 million in 2023 to fortify its data security and other technologiesT- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August thatIn a Securities and Exchange Commission, the mobile phone company said the funds would pay for claims by class members, the legal fees of plaintiffs’ counsel and the costs of administering the settlement.
T-Mobile said the settlement contains no admission of liability, wrongdoing or responsibility by any of the defendants. The company said that it expects court approval of the terms of the settlement as early as December 2022.
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T-Mobile settles to pay $350M to customers whose personal information was stolenT- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack.
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T-Mobile settles to pay $350M to customers in data breachNEW YORK (AP) — T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack.
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