Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses, and spend at least $6.5 million to fund 1-1/2 years of cardholder identity protection services.
Under the terms of the settlement, filed in the U.S. District Court for the Northern District of Georgia, Home Depot agreed to pay $13 million into the settlement fund and an additional $6.5 million to pay for 18 months of identity protection services for each class member who used a debit or credit card at a compromised checkout lane.
Home Depot has agreed to pay $25 million to banks for damages. million settlement, Home Depot has also paid at least $134.5 million. On the consumer side, Home Depot last year agreed to a $19.5 million settlement to.
Law360, New york (july 19, 2016, 4:45 PM EDT) — Home Depot moved Tuesday to block an $8.5 million fee award requested by attorneys who guided consumers to a $13 million class action settlement after.
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Home Depot settles data breach consumer lawsuit (Reuters) — Home Depot Inc. agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50.
Last year, Home Depot said it had set aside $161 million to cover the cost of the breach, but with this $25 million settlement, the total sum will now be significantly higher. In addition to settling with financial institutions and customers, Home Depot also paid at least $134.5 million to a consortium made up of Visa, MasterCard, and various.
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders.. million settlement over a 2013 data.
· Home Depot, which was impacted by a breach in 2014, agreed to pay $19.5 million to compensate 40 million victims in March 2016.
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· In 2016, Home Depot had to pay at least $19.5 million to repay US consumers. They also had to put $6.5 million towards cardholder identity protection services for a year and a half.
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· Home Depot will pay at least another $19.5 million in compensation to customers affected by its massive 2014 data breach, as part of a $161m pot of pre-tax expenses it has set aside, according to new court documents.