Orrick to Pay 8 Million to Settle Data Breach Class Claims

p Connecting decision makers to a dynamic network of information people and ideas Bloomberg quickly and accurately delivers business and financial information news and insight around the world ppAmericas1 212 318 2000 ppEMEA44 20 7330 7500 ppAsia Pacific65 6212 1000 pp Connecting decision makers to a dynamic network of information people and ideas Bloomberg quickly and accurately delivers business and financial information news and insight around the world ppAmericas1 212 318 2000 ppEMEA44 20 7330 7500 ppAsia Pacific65 6212 1000 ppBy Peter HayesppOrrick Herrington Sutcliffe LLP will pay 8 million to settle consolidated class action claims over a data breach that impacted approximately 461100 people ppClass counsel asked the US District Court for the Northern District of California to approve the settlement in an unopposed motion filed Thursday ppThe agreement also calls for an award of attorneys fees of up to 25 of the settlement fund and costs up to 50000 The lead plaintiffs may seek service awards up to 2500 each under the terms of the agreement ppThe hack is part of a wave of cyberattacks against law firms including Proskauer Rose Kirkland Ellis KL Gates and Loeb Loeb ppHackers infiltrated and accessed Orricks inadequately protected computer systems on March 13 2023 and stole the sensitive personal information of over hundreds of thousands of individuals according to the consolidated complaint ppThe plaintiffs alleged they suffered damages from the breach including identity theft attempted identity theft misuse of their PII and a flood of spam telephone calls from unknown persons ppThe law firms failure to protect the Breach Victims Personal Information allowed cyber criminals to steal everything they could possibly need to commit nearly every conceivable form of identity theft the complaint alleged ppThe motion seeks certification of a settlement class of All persons whose Personal Information was compromised by the Data Breach discovered on or about March 13 2023 and a subclass of California residents whose PIN was compromised by the breachppPlaintiff Dennis Werley filed the first complaint in the Northern District of California on Aug 11 The court consolidated related actions and appointed William B Federman with Federman Sherwood as interim lead class counsel in December The plaintiffs filed a consolidated class action complaint on Jan 5 ppAlston Bird LLP represents Orrick ppThe case is In re Orrick Herrington Sutcliffe LLP Data Breach Litig ND Cal No 23cv04089 41124ppTo contact the reporter on this story Peter Hayes in Washington at PHayesbloombergindustrycomppTo contact the editor responsible for this story Carmen CastroPagán at ccastropaganbloomberglawcompp AIpowered legal analytics workflow tools and premium legal business news pp Log in to keep reading or access research tools p