Telecommunications giant AT&T has agreed to a $177 million settlement to resolve class action lawsuits stemming from two major data breaches. Current and former customers may be eligible for compensation up to $7,500 depending on which breaches affected them and their ability to demonstrate financial losses.
Major Settlement Reached in AT&T Data Breach Cases
Telecommunications provider AT&T has agreed to pay $177 million to settle class action lawsuits stemming from two significant data breaches, according to court documents and settlement administrators. The settlement, which was preliminarily approved by a Texas judge in August, avoids what would have been a lengthy trial process for the telecom giant.