The Associated Press reports that 6.2 million TD Ameritrade customers whose contact information may have been stolen in a breach more than three years ago could be eligible to receive as much as $2,500 each under a proposed settlement agreement. However, the report states, it is unclear how many will be able to collect funds under the proposed settlement "because the payments will only be offered to identity theft victims." The settlement follows an earlier one rejected by a federal judge. If approved, it could cost the company up to $6.5 million. An Ameritrade spokeswoman said the company believes the settlement is fair and hopes it will be approved.
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