The deal includes years of three-bureau credit monitoring and identity protection services through Experian and an additional six years of one-bureau credit monitoring by Equifax. (Equifax Atlanta HQ. John Disney/ ALM)
Equifax has agreed to pay at least $1.4 billion to settle multidistrict litigation brought on behalf of 147 million consumers, and pay millions more to resolve civil complaints brought by the federal government and multiple state attorneys general over its massive 2017 data breach.
Monday's notice of the proposed settlement, detailed in court papers filed in Atlanta, would largely resolve the legal fallout from consumers whose personal and financial data was hacked following one of the nation's largest data breaches.
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Nate Robson
Nate Robson is the U.S. Supreme Court and regulatory editor. Contact him at [email protected]. On Twitter: @Nate_Robson1.
