A California federal judge on Thursday gave final approval to a $115 million deal that ends claims Anthem Inc. put 79 million consumers’ personal information at risk in a 2015 data breach, casting aside calls for the settlement to go even further to punish the nation’s second-largest health insurer.
U.S. District Judge Lucy H. Koh on Thursday ruled that the deal struck in 2017 — which provides the class of data breach victims with two years of credit monitoring, coverage of out-of-pocket expenses stemming from the breach, and compensation for those who got their own credit monitoring — is “fair, reasonable and adequate” and without valid objection.
Consumers had sued Anthem after it disclosed in February 2015 that its information technology system had been hacked, exposing the birthdays, Social Security numbers, income data and other personal details of customers and employees.
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The class is represented by Eve H. Cervantez of Altshuler Berzon LLP, Andrew N. Friedman of Cohen Milstein Sellers & Toll PLLC, Michael W. Sobol of Lieff Cabraser Heimann & Bernstein LLP and Eric Gibbs of Girard Gibbs LLP.
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