In re TD Ameritrade Accountholder Litigation, No. C 07-2852, Related to C 07-4903, 2011 BL 234454 (N.D. Cal. Sept. 13, 2011) The U.S. District Court for the Northern District of California approved settlement of a class action suit against TD Ameritrade, alleging various claims due to a data security breach. The court approved the settlement, which will provide affected individuals with between $2.5 and $6.5 million, and includes attorney's fees and expenses.
TD Ameritrade Admits Data Breach
Minimum of $2.5 Million
Weakness of Claims Support Settlement
To view additional stories from Bloomberg Law® request a demo now