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Summarized from the settlement[1]: - Compensation for time spend ($25/hr); capped at 31 million (different pool from the $125) - Reimbursement for up to $20,0
by paulgb 7y ago
Summarized from the settlement[1]:
- Compensation for time spend ($25/hr); capped at 31 million (different pool from the $125)
- Reimbursement for up to $20,000 in documented losses per person.
- Cost of Experian credit monitoring for those who choose credit monitoring instead of the $125.
The size of the fund created for these benefits is $380.5 with the possibility of expanding by another $125 million for cash compensation.
[1] https://int.nyt.com/data/documenthelper/1484-proposed-equifax-data-breach-s/cd3e6bc513a9ba71c129/optimized/full.pdf#page=1 https://int.nyt.com/data/documenthelper/1484-proposed-equifa...