Eddie Bauer Agrees to $10M Data Breach Class Action Settlement
Emily Sortor writes:
Eddie Bauer and Veridian Credit Union have reached a $9.8 million settlement, ending claims that Eddie Bauer’s lack of adequate security led to more than 1 million Veridian customer accounts being exposed to a data breach that occurred in January 2016.
The proposed settlement deal was filed on Friday in Washington federal court, and awaits preliminary approval.
The Eddie Bauer class action settlement was reached followed two years of litigation between the two companies, which reportedly included a day-long, in-person mediation meeting held in February.
Read more on Top Class Actions.