A federal judge in Atlanta has awarded $7.5 million in legal fees to lawyers representing consumers in multidistrict litigation against The Home Depot over its massive 2014 data breach, saying the settlement they secured “appears to be the most comprehensive … achieved in large scale data breach litigation.”
U.S. District Chief Judge Thomas Thrash issued the fee order Tuesday together with a judgment finalizing a settlement that the Atlanta-based home improvement chain reached with its customers last March. The judge said in his order that the settlement provides an estimated $27 million (including the fee award) in monetary benefits for millions of Home Depot customers whose personal and financial information had been stolen by hackers who breached Home Depot’s electronic checkout systems and then made the information available on the internet black market.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
