Author: James Rogers / Source: Fox News
Ashley Madison’s parent company has reached a proposed $11.2 million settlement agreement with lawyers representing victims of the cheating site’s 2015 data breach.
The high-profile hack left the personal data of more than 37 million users vulnerable and prompted class action lawsuits against the site’s parent company Avid Life Media and Avid Dating Life, which owned and operated Ashley Madison. Avid Life Media and Avid Dating Life have rebranded as Ruby Corp. and Ruby Life, respectively.
In a statement released Friday, Ruby said that a proposed settlement had been reached resolving a number of lawsuits related to the breach. The potential plaintiffs are co-led by law firms Dowd & Dowd, The Driscoll Firm, and Heninger Garrison Davis.
“If the proposed…
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