Breaches Spur Class-Action Suits
PRIVACY LAW—U.S.June 2, 2011
Reuters reports on class-action lawsuits filed in federal court in the wake of recent high-profile data breaches. "At least 40 lawsuits have been filed in federal courts--including at least two this week--on behalf of millions of Sony PlayStation users," the report states, while noting that in breach cases, "it is both difficult to prove economic damage and to divvy up a settlement among classes that can number in the millions or even tens of millions." The report examines who benefits most from such lawsuits by reviewing what plaintiffs and attorneys received for compensation in six privacy class-action suits settled between 2007 and 2010.