Monday, July 17, 2017

Ashley Madison To Pay $11.2M Settlement

Imagine what your wife will think when you get a $3,500 settlement check from Ashley Madison. Yikes! Also, is it just me or does the match in the settlement not add up? $11.2 million minus $3.7 million for attorneys, divided by 37 million people affected by the breach...ummm.

According to Friday's settlement, users with valid claims can recoup up to $3,500 depending on how well they can document their losses attributable to the breach. Lawyers for Ashley Madison users may receive up to one-third of the $11.2 million payout to cover legal fees, court papers show.