A team of attorneys from Bernstein Litowitz Berger & Grossmann LLP and Bondurant Mixson & Elmore LLP will be taking home a more than $29.6 million counsel fee for representing a proposed class of Equifax investors after securing a $149 million settlement of a suit over the company's vast 2017 data breach, a Georgia federal judge determined.
A Georgia federal judge on Tuesday preliminarily approved a $149 million deal to end a securities suit from a putative class of Equifax investors related to the credit reporting agency's massive 2017 data breach, just a day after he did the same for a $32.5 million deal in a derivative shareholder suit stemming from the same incident.
Equifax fought back against a bid to certify an investor class in an action against the credit reporting agency over a massive 2017 data breach, telling a Georgia federal judge Monday that the lead plaintiff isn't a proper class representative and the proposed damages model is faulty.
A proposed class of Equifax Inc. investors pushed back against the company's bid to appeal a Georgia federal judge's decision to allow the bulk of their securities fraud claims over its massive 2017 data breach, arguing that the questions Equifax wants reviewed are not legal issues.
A German asset manager's parent company asked an Atlanta federal judge on Friday to grant class action status to its suit accusing Equifax Inc. of misleading investors about its cybersecurity strength in the lead-up to its massive 2017 data breach, a request that also calls for Bernstein Litowitz Berger & Grossmann LLP to take the class counsel slot.
A Georgia federal judge on Monday allowed separate groups of consumers, payment card issuers and investors to move forward with the bulk of their fraud, negligence and other claims in sprawling litigation over Equifax's massive 2017 data breach, while canning similar allegations brought by small businesses and financial institutions.
The rest of 2018 could bring action on a slew of lingering privacy and cybersecurity disputes, including the legal fallout from Equifax's massive data breach, tests to the scope of Illinois' unique biometric privacy law, and challenges to the way tech giants have sought user consent under the European Union's General Data Protection Regulation. Here, Law360 takes a look at five cases cybersecurity and privacy attorneys should keep an eye on in the coming months.
Equifax Inc. has asked a Georgia federal judge to dismiss a lawsuit by a proposed consolidated class of investors who sued after Equifax's stock fell following the company's announcement of a massive data breach, saying the investors haven't shown Equifax officials committed fraud by knowingly misleading them.
A Georgia federal judge on Wednesday appointed Bernstein Litowitz Berger & Grossmann LLP as lead counsel for a proposed consolidated class of Equifax Inc. investors who sued after the company's share price dropped significantly when it revealed a massive data breach that affected 145 million consumers.