Sony Strikes $15M Deal To Exit Data-Breach MDL

By Michael Lipkin (June 13, 2014, 9:47 PM EDT) -- Sony Computer Entertainment America LLC on Friday agreed to settle a putative class action over a massive data breach for PlayStation users, giving plaintiffs $15 million in games, online currency and identity theft reimbursement.

Both sides asked the court to preliminarily approve the settlement, which would end multidistrict litigation over hackers' theft of confidential information for tens of millions of PlayStation Network users.

After the breach, Sony had offered free identity theft protection, among other benefits, to PSN users. Any class members who didn't take the deal will get to choose two items from a mix of games, online display themes...

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