Anthem's Record $115M Data Breach Deal Gets First Nod

By Cara Bayles (August 25, 2017, 9:13 PM EDT) -- U.S. District Judge Lucy Koh on Friday granted preliminary approval to a $115 million deal ending litigation over Anthem Inc.'s massive 2015 data breach, advancing what's being hailed as the largest-ever data breach settlement, which would provide credit protection and reimbursement for customers and up to $38 million in attorneys' fees.

Judge Koh approved more than 100 individuals to serve as class representatives, as well as attorneys at Altshuler Berzon LLP, Cohen Milstein Sellers & Toll PLLC, Lieff Cabraser Heimann & Bernstein LLP and Girard Gibbs LLP as class counsel. They will represent a class of 79 million individuals, who will...

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