TD Ameritrade Six Million Customer Data Loss Class Action Lawsuit Close To Over
- By Grey McKenzie
- Published 06/24/2008
Grey McKenzie
National Cyber Security Founder
Cyber security watchdog & one of the nation's leading cyber security experts, Grey McKenzie is also the Founder of SpyCop Security Software.
His clients include members of the Department of Homeland Security, FBI, CIA, State & Local Law Enforcement.
He is regularly consulted by industry leaders regarding cyber security issues.
To schedule a procedural, technical and non-technical network security audit of your company call 902-467-0200
TD Ameritrade at this point in their class action lawsuit has agreed to pay nearly $1.9 million in legal fees and cover the cost of one year of anti-spam service for the victims.
This from NewsFactor Online
"I think this is an extremely good settlement for the class," said lawyer Scott A. Kamber, who filed one of the two lawsuits that were combined into the class action.
"This is a model of a consumer settlement which has benefits for the class as well as the company."
The lawyers for the other plaintiffs did not immediately respond to a message left Wednesday.
Anyone who held an Ameritrade account or provided an e-mail
address to the company before Sept. 14 could benefit from the lawsuit.
The database that was hacked included information on 6.2 million people.
Full Story