who is the attorney over equifax data breach class action lawsuit

What is the Equifax data breach?

Now the law firms involved in the case, Olsen Daines PC and Geragos & Geragos, are starting to gather other consumers who were affected by the Equifax breach to build up the class action suit. According to Ben Meielas, an attorney with the Geragos law firm noted that the suit would be seeking up to $70 billion in damages.

What is the largest class action suit against Equifax?

Feb 07, 2022 · Equifax Data Breach Class Action Settlement Benefits. Under the terms of the Equifax class action lawsuit settlement, the company will pay at least $380.5 million into a restitution fund and an additional $125 million to cover …

How much did Equifax pay to settle the 2017 breach?

Sep 08, 2017 · Attorney John Yanchunis of ClassAction.com filed a class action lawsuit yesterday against Equifax, one of the three largest credit reporting agencies in the U.S., for the data breach that potentially compromised 143 million consumer records. The complaint was filed in the Northern District of Georgia .

What happened to Equifax?

Mar 03, 2021 · The perpetrator (or perpetrators) made off with the personal information of 147.9 million people —nearly 50% of the adult population of the United States. This scandal sparked a host of class action lawsuits against Equifax, collectively titled In re: Equifax Inc. Customer Data Security Breach Litigation, Case No. 1:17-md-2800-TWT.

Has anyone received money from Equifax settlement?

It's been one year since the settlement involving tens of millions of victims of the colossal Equifax data breach received final approval and the deadline passed for filing initial claims. There's still been no payout.Jan 18, 2021

How do I file a lawsuit against Equifax?

How to File an Equifax Credit Report DisputeFill out the Equifax online dispute form.Call the toll-free dispute phone number listed below.Write a dispute letter and mail it to the address below.

What happened to Equifax after the data breach?

The settlement became final in January 2022. Soon after, the settlement administrator began sending emails and letters to people who filed a valid claim and requested free credit monitoring. Claims for other settlement benefits are under review. We will provide updates when they become available.Feb 2, 2022

How do I get my money from Equifax breach?

You also can request a claim form be mailed to you by calling 1-833-759-2982 or emailing [email protected]. If you already filed a claim for cash, you can switch to the free credit monitoring but "must verify or amend your claim before October 15, 2019," the FTC says.Sep 10, 2019

Can I sue Equifax for losing my information?

Sue Equifax for data breach If your information has been exposed, you can file a claim against Equifax in small claims court, or join the class action against Equifax in federal court. This class action against Equifax will allow you to team up with other plaintiffs and have higher chances of winning.

How much is the Equifax settlement per person?

Under the settlement terms, Equifax agreed to set up a fund to provide free credit monitoring and identity theft protection to consumers, as well as provide cash payments to people affected by the breach—up to $20,000 per person.

How much can individuals sue companies for in the event of a data breach?

The California Consumer Privacy Act clears the way for state residents to sue companies for data breaches involving certain information, if a company fails to maintain reasonable security. Californians can seek damages of between $100 and $750 per consumer per incident under the law.Oct 9, 2019

Which federal agency filed a complaint against Equifax?

Consumers submitted more than 700,000 complaints to the CFPB regarding Equifax, Experian and TransUnion from January 2020 through September 2021, which represented more than 50% of all complaints received by the agency for that period.Jan 5, 2022

Is the Equifax hack the worst ever?

The Equifax data breach, which allowed hackers to steal extensive personal information for up to 143 million Americans, is not the largest such recent cyberattack. But it is by far the worst. ... This breach is also the worst because the company's response has been so abysmal.Sep 8, 2017

How long does Equifax check take?

The period of time may vary depending on the credit scoring model used, but it's typically from 14 to 45 days.

Are Equifax scores accurate?

Equifax: Which is most accurate? No credit score from any one of the credit bureaus is more valuable or more accurate than another. It's possible that a lender may gravitate toward one score over another, but that doesn't necessarily mean that score is better.Oct 23, 2021

How do I get my money from Yahoo settlement?

Once you know you are eligible for a payout, you can simply fill in your claim form on the Yahoo settlement website. If you prefer, you can request a form from the settlement administrator on 844-702-2788, or email [email protected] to request these.Jul 12, 2020

What are the benefits of Equifax?

As part of the agreement, Equifax established a $380,500,000 Consumer Restitution Fund to alleviate damages to affected customers. This money has been set aside to cover: 1 Cash payments for out-of-pocket losses and time spent 2 The purchase of credit monitoring services 3 An Alternative Reimbursement Compensation fund for settlement class members who already have credit monitoring and/or identity protection coverage 4 Subscription product reimbursement 5 Restoration services (identity recovery, fraud protection, etc.) for all settlement class members, whether or not they filed a claim as part of the lawsuit 6 Costs associated with notifying settlement class members, as well as administering the settlement itself 7 Service awards to settlement class representatives 8 Attorneys’ fees, costs, and expenses

What was the Equifax breach?

In February 2020, the federal Department of Justice indicted four members of the People’s Liberation Army of China, charging them with computer fraud, economic espionage, and wire fraud. The Chinese government, however, denies any involvement in the Equifax data breach.

When was Equifax established?

Established in 1899 , Equifax is one of the world’s largest credit reporting agencies, with billions of dollars in annual revenue and millions of individual and corporate clients in America and overseas.

Did Equifax patch their system?

Despite this, the company failed to patch their system until it was too late.

What court did Equifax file an amicus brief?

In September 2020, a lawyer acting on behalf of the objecting plaintiffs filed a proposed amicus brief with the 11 th US Circuit Court of Appeals to challenge the approval of Equifax’s settlement of claims related to the data breach. The lawyer alleges that:

Where is Equifax located?

Headquartered in Atlanta, Georgia, and operating in two dozen countries, Equifax collects and analyzes credit and demographic data, which they then sell on to private businesses and creditors in the form of personal credit reports. They also sell fraud prevention and credit monitoring services directly to consumers.

What happened to Equifax in 2017?

The 2017 Equifax data breach severely shook the American public’s trust in credit reporting agencies, and rightfully so. The whole sordid affair not only exposed the inadequacy of Equifax’s data security systems, it also revealed how vulnerable our private data is to the threat of fraud and identity theft.