Home Depot will pay at least $19.5 million in data breach settlement

Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a $13 million fund to reimburse shoppers for out-of-pocket losses, and spend at least $6.5 million to.

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Class-action lawsuit filed over Equifax breach (Reuters) – Home Depot Inc (HD.N) agreed to pay at least $19.5 million to compensate. the accord compares "favorably" with other data breach class actions, including Target Corp’s (TGT.N) $10.

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Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders.. million settlement over a 2013 data.

Home Depot will pay a minimum of $19.5 million to settle consumer lawsuits filed after a data breach exposed the personal data of more than 50 million of its customers in 2014. The settlement also includes a requirement for the company to improve its data security efforts and to hire a chief information security officer.

The home improvement chain’s settlement totals at least $19.5 million — $13 million of which will compensate shoppers for the losses in connection with the data breach and around $6.5 million for.

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 · Home Depot will pay at least another $19.5 million in compensation to customers affected by its massive 2014 data breach, as part of a $161m pot of pre-tax expenses it has set aside, according to new court documents. The papers filed with a federal court in the firm’s home city of Atlanta disclose.

See also: List of data breaches in the United States. In March 2016 Home Depot agreed to pay at least $19.5 million to. The settlement terms included a $13 million fund to.

In the most recent example, New York Attorney General Barbara Underwood on Tuesday announced a nearly $5 million settlement with Oath Inc. (a. Grossmann ($155,000), Anthem Inc. ($150,000), Home.

Law360, Los Angeles (April 28, 2017, 10:19 PM EDT) — Investors in The Home Depot Inc. struck a deal to end their shareholder derivative suit against members of the retailer’s board of directors over.

Just days after notifying potential victims of a data breach, Pompano Beach- based. has spent at least two business days expending effort to ensure her. “a race to the courthouse” to file class-action suits even before plaintiffs are. 80 million customers, and $19.5 million that Home Depot agreed to pay to.