Keep up with the latest developments and legal issues in the telecommunications and emerging technology sectors, with exclusive access to a comprehensive collection of telecommunications law news,...
Feb. 3 — LinkedIn Corp.'s agreement to pay $1.25 million and implement industry-standard data security protocols to settle a suit brought after a 2012 hack compromised more than 6 million LinkedIn users' passwords received preliminary approval Jan. 29 from a federal district court.
The settlement class, which the court said was about 800,000 people, was defined as all U.S. LinkedIn users who paid for a premium subscription to the site between March 15, 2006, and June 7, 2012. In a motion requesting approval of the settlement, the plaintiffs said that each valid claimant would receive up to $50 from the $1.25 million settlement fund. The motion added that LinkedIn would use “industry standard” or better methods of protecting users' passwords for at least five years.
Judge Edward J. Davila scheduled a fairness hearing for June 18 to determine whether to grant final approval to the agreement and award attorneys' fees to class counsel.
Edelson PC and Kaplan Fox & Kilsheimer LLP represented the plaintiffs. Cooley LLP represented LinkedIn.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)