T-Mobile settles to pay $350M to customers in data breach

T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack.

Associated Press

Jul 25, 2022, 1:51 PM

Updated 631 days ago

Share:

T-Mobile settles to pay $350M to customers in data breach
T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack.
In a Securities and Exchange Commission filing on Friday, the mobile phone company said the funds would pay for claims by class members, the legal fees of plaintiffs’ counsel and the costs of administering the settlement. It also said it would spend $150 million next year and in 2023 to fortify its data security and other technologies.
T-Mobile said the settlement contains no admission of liability, wrongdoing or responsibility by any of the defendants.
The company said that it expects court approval of the terms of the settlement as early as December 2022.
Nearly 80 million U.S. residents were affected by the breach. In addition to Social Security numbers, other information breached included names and information from driver’s licenses or other identification.
T-Mobile, based in Bellevue, Washington, became one of the country’s largest cellphone service carriers, along with AT&T and Verizon, after acquiring rival Sprint in 2020. It reported having a total of 102.1 million U.S. customers after the merger.
T-Mobile said it expects to record a total pre-tax charge of roughly $400 million in the second quarter of this year.


More from News 12
1:34
Officers arrest 43-year-old Bronx man connected to Bay Ridge bar fatal stabbing

Officers arrest 43-year-old Bronx man connected to Bay Ridge bar fatal stabbing

1:37
Terrain, an elevated garden shop, to open at Brooklyn Botanic Garden

Terrain, an elevated garden shop, to open at Brooklyn Botanic Garden

1:42
Rainy and cooler weather arrive tomorrow, Thursday for NYC

Rainy and cooler weather arrive tomorrow, Thursday for NYC

1:49
Canarsie residents show News 12 collapsing basements, say repairs costs them thousands to fix

Canarsie residents show News 12 collapsing basements, say repairs costs them thousands to fix

0:33
City Council to discuss helicopter noise complaints plaguing New York City

City Council to discuss helicopter noise complaints plaguing New York City

2:20
WNBA draft takes over the Brooklyn Academy of Music

WNBA draft takes over the Brooklyn Academy of Music

2:03
Black Maternal Health Week: Mother discusses how her pregnancy inspired her to become a doctor

Black Maternal Health Week: Mother discusses how her pregnancy inspired her to become a doctor

0:26
MTA introduces electric-powered vans to Access-A-Ride fleet

MTA introduces electric-powered vans to Access-A-Ride fleet

Guide: Alcohol addiction recovery support and resources

Guide: Alcohol addiction recovery support and resources

0:27
Jets 'return to roots' with new uniforms that pay tribute to team's 'New York Sack Exchange' look

Jets 'return to roots' with new uniforms that pay tribute to team's 'New York Sack Exchange' look

0:45
NYPD: Protesters along Brooklyn Bridge arrested for blocking traffic

NYPD: Protesters along Brooklyn Bridge arrested for blocking traffic

1:46
E-bike shop owner in Flatbush behind bars, accused of unsafe conditions in his business

E-bike shop owner in Flatbush behind bars, accused of unsafe conditions in his business

1:22
City announces Project Home program to combat domestic violence

City announces Project Home program to combat domestic violence

1:36
It’s Tax Day: Bronx accountant breaks down what you should know

It’s Tax Day: Bronx accountant breaks down what you should know

1:53
NYPD: Williamsburg jewelry store robbed in broad daylight; incident caught on camera

NYPD: Williamsburg jewelry store robbed in broad daylight; incident caught on camera

2:00
FDNY: Mother, daughter injured in late night Sunset Park apartment fire

FDNY: Mother, daughter injured in late night Sunset Park apartment fire

1:43
Brooklyn resident helping Brooklyn Public Library by organizing races to raise funds

Brooklyn resident helping Brooklyn Public Library by organizing races to raise funds

0:22
NYPD: 2 men wanted in connection to Cypress Hills gunpoint robbery

NYPD: 2 men wanted in connection to Cypress Hills gunpoint robbery

0:26
Fire officials: 15 people injured in bus, truck crash in Downtown Brooklyn

Fire officials: 15 people injured in bus, truck crash in Downtown Brooklyn

1:27
NYPD deploys resources to places of worship amid increased Middle East tensions

NYPD deploys resources to places of worship amid increased Middle East tensions