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ClassAction.org is a group of online professionals who are committed to exposing corporate wrongdoing and giving consumers the tools they need to fight back. We've been reporting on the legal space for nearly a decade and have built relationships with class action and mass tort attorneys across the country.

One of the dangers of joining a class action lawsuit is that you lose the right to file an individual lawsuit if the class action case fails. In addition, you cannot reject a settlement offer to which the class representatives have agreed.

Court Approves Equifax Breach Settlement: Money for Some, Free Credit Monitoring for All. Equifax will pay up to $425 million in restitution to those directly impacted by the massive data breach of the credit bureau in 2017. A federal court gave final approval to the class-action lawsuit settlement in mid-January.

The case involves more than 76.6 million U.S. residents identified by T-Mobile whose information was compromised in the data breach, according to the preliminary settlement filed in the U.S. District Court for the Western District of Missouri, where multiple cases were consolidated.

The risk of a class-action lawsuit is that if you lose, you will not receive any compensation for your injuries. If you win, however, you will receive a financial or other non-monetary award.

For more details and to check your claim status, visit EquifaxBreachSettlement.com . If you were affected by the Equifax data breach, you can still claim financial reimbursement for costs you incurred, or time you spent dealing with fraud or identity theft, after January 22, 2022. Claims are due by January 22, 2024.

Data Breach compensation in California Under the act, consumers may recover statutory damages between $100-$750 or actual damages, whichever is greater, to compensate for any fraud, time spent, or any credit monitoring product consumers purchased in response to the breach.