Author: Jonathan Stempel / Source: Insurance Journal
The owner of the Ashley Madison adultery website said on Friday it will pay $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were exposed in a July 2015 data breach.
Ruby Corp, formerly known as Avid Life Media Inc., denied wrongdoing in agreeing to the preliminary class-action settlement, which requires approval by a federal judge in St. Louis.
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Ashley Madison marketed itself as a means to help people, primarily men, cheat on their spouses, and was known for its…
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