Canadians could get up to $5,000 in latest data breach settlement
Canadians affected by a data breach could claim up to $5,000 in a settlement with Estée Lauder Companies Inc.Summary
Concilia Services Inc., a Montreal-based claims administrator, announced a proposed settlement of $1,525,000 in a class-action lawsuit against Estée Lauder Companies Inc. and its subsidiary Estée Lauder Cosmetics Ltd. The lawsuit arose from two data incidents in 2023 where unauthorized third parties accessed personal and financial information. Eligible Canadians can claim a maximum of $5,000 if they suffered losses, such as paying for credit monitoring or expenses due to identity theft. Those without proof of losses can claim $150 or $300 depending on the number of incidents. Payments will be made via Interac e-Transfer or cheque, with remaining funds going to charities if claims exceed the settlement amount. The next hearing is scheduled for June 3, and the deadline to opt out is June 1.
(Source：Google News)