Credit: Shutterstock.com $105M in Attorney Fees? Lawyers Could Seek Landmark Payment in T-Mobile Breach Settlement
Plaintiff lawyers in the $350 million data breach agreement with T-Mobile, reached on Friday, have indicated they could ask for as much as 30% of the settlement fund, or $105 million.
July 25, 2022 at 04:35 PM
4 minute read
What You Need to Know
- The settlement provides a $350 million settlement fund for class members impacted by the breach, announced on Aug. 16, 2021.
- The agreement, reached on Friday, is the second largest data breach settlement ever, behind Equifax's $1.4 billion deal.
- A potential $105 million in attorney fees, if approved, would be the highest compensation to plaintiffs lawyers in a data breach settlement.
Plaintiff lawyers behind a $350 million settlement with T-Mobile plan to ask for as much as $105 million in attorney fees, which, if approved, would be the largest compensation request so far in a data-breach class action.
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