Final weeks for 6.4million Americans to claim $10,265 from $50million ‘privacy’ settlement...
Summary
Approximately 6.4 million Americans who used 23andMe’s services between May 1 and October 1, 2023, are eligible to claim a payout from a $50 million settlement resulting from a data breach. The maximum payout is $10,265, with potential additional payments of $100 for residents of Oregon, Alaska, California, and Illinois. Claimants may also receive up to $10,000 for losses and five years of privacy and medical shielding. The final approval hearing is scheduled for January 20, and the claim deadline is February 17. Individuals who do not file a claim will not receive compensation.
23andMe filed for bankruptcy in March of last year, and former CEO Anne Wojcicki resigned. The company was ultimately purchased by the TTAM Research Institute for $305 million after initially being considered for acquisition by Regeneron for $256 million.
Class-action settlements allow groups of people to collectively pursue legal action against entities that have allegedly caused harm, often resulting in companies offering payments to avoid further litigation and denying any wrongdoing.
(Source:The Sun)