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Daily Digest – October 6. Data Breach Problem Grows Worse; Mortgage Servicer Loses Lawsuit, Collection Agencies Fined in N.C. – AccountsRecovery.net Data Breach victims file lawsuit Against LendingTree. Before affected customers joined forces to litigate, LendingTree issued letters notifying victims that former company employees had exposed.
Authors: Erica Gann Kitaev and Paul Karlsgodt For a number of years, the key issue in data privacy class actions has been whether plaintiffs could allege damages sufficient for standing purposes or to state a claim for relief. Several key decisions addressed the issue in 2013. In addition, in 2013, theories of injury and damages.
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The potentially devastating effects are why these breaches so often lead to huge settlements for victims.. Anthem Settles Data Breach Lawsuit for $115M. In June 2017, America’s largest insurance company, Anthem Inc., agreed to a $115 million settlement after a breach compromised 80 million customers‘ private data.
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Data loss and security breach incidents have become common. However, lawsuits related to these incidents are not so common or successful. The problems plaintiffs have encountered include not only figuring out the proper cause of action to seek recovery (many states lack laws permitting private lawsuits for damages related to data loss) but also how to establish provable damages.
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