What Was the Equifax Data Breach Class Action Lawsuit?
The Equifax Data Breach Class Action lawsuit was filed after an estimated 147 million consumers’ data was exposed in a breach of Equifax systems. Equifax is a credit bureau which tabulates credit scores. The company collects personal information about millions of consumers and is responsible for keeping their information safe and secure.
In 2017, Equifax announced that a data breach had occurred and later agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau, along with 50 states and U.S. territories. The agreement included $425 million to help people who had been affected by data exposure.
Who Are the Settlement Administrators?
JND among others are providers of class action settlement administration services. In the Equifax Data Breach Class Action lawsuit, JND Legal Administration was appointed as administrator. As court-appointed Settlement Administrators in the Equifax Data Breach Class Action Lawsuit, JND was obligated to act in the best interests of the settlement class members.