II. Top Data Breach Class Action Settlements In 2023 Data breach class actions in 2023 were robust. The top 10 settlements totaled $515.75 million. This was a significant increase over 2022, when the top ten data breach class actions totaled $350 million.
1. $350 million – In Re T-Mobile Customer Data Security Breach Litigation , Case No. 21-MD- 3019 (W.D. Mo. June 29, 2023) (final settlement approval granted in a class action resolving claims that cybercriminals exploited T-Mobile’s data security protocols and gained access to internal services containing the personally identifiable information of millions of customers). 2. $49.5 million – In Re Blackbaud Inc. Customer Data Security Breach Litigation, Case No. 20- MN-2972 (D.S.C. Oct. 4, 2023) (preliminary settlement approval sought in a class action alleging that the software company's security practices and its response to a 2020 ransomware attack affected thousands of its customers). 3. $28.5 million – In Re Wawa Inc. Data Security Litigation , Case No. 19-CV-6019 (E.D. Penn. Oct. 12, 2023) (preliminary settlement approval granted in a class action alleging that customers were damaged after hackers infiltrated the point-of-sale systems that Wawa used, installing malware on the company's payment terminals and fuel dispensers, and that the hackers later posted Wawa customers' payment card data for sale on the so-called dark web). 4. $20 million – Mehta, et al. v. Robinhood Financial LLC , Case No. 21-CV-1013 (N.D. Cal. May 16, 2023) (final settlement approval granted in a class action resolving claims that the company failed to protect thousands of accounts from a large data breach).
21
© Duane Morris LLP 2024
Duane Morris Data Breach Class Action Review – 2024
Made with FlippingBook - professional solution for displaying marketing and sales documents online