IN RE PLAID INC. PRIVACY LITIGATION

  1. November 24, 2021

    Plaid's $58 Million Privacy Deal Gets Early Sign-Off

    A $58 million deal settling claims that fintech company Plaid Inc. unlawfully accessed app users' personal banking data without getting consent is a "fair and adequate compromise" given the uncertainty of consumers winning at trial, a California judge said.

  2. August 06, 2021

    Fintech Giant Plaid Agrees To Pay $58M To End Privacy Suit

    Plaid Inc. has agreed to pay $58 million to end a proposed class action lawsuit accusing the financial services company of unlawfully accessing the personal banking data of users of popular apps like Venmo and Coinbase without their consent, with attorneys for the consumers seeking up to $14.5 million in fees.

  3. May 03, 2021

    Plaid Wins Partial Toss Of Privacy Suit Over Banking Data

    A California federal magistrate judge has partially granted the dismissal of a putative class action accusing Plaid Inc. of accessing and selling the personal banking data of users of apps like Venmo and Stripe without their consent, leaving invasion of privacy and anti-phishing claims intact.