AvMed To Pay $3M To Settle Data Theft Suit With Customers

By Carolina Bolado (October 22, 2013, 5:06 PM EDT) -- Health care company AvMed Inc. will pay $3 million to settle a class action in Florida federal court accusing it of maintaining shoddy data security safeguards that led to the 2009 theft of laptop computers with the personal information of 1.2 million customers, according to papers filed Monday.

Lead plaintiffs Juana Curry and William Moore asked U.S. District Judge James Lawrence King to preliminarily approve the deal, in which AvMed will pay $3 million into a settlement fund for class members, some of whom suffered identity theft after the data breach. The deal is the first data breach settlement that allows...

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