![]() ![]() As a result of the errors, the Company would be restating its first quarter 2023 financials and announced that the restatement would “also include disclosure of an identified material weakness and that our disclosure controls and procedures were not effective as of March 31, 2023.” Investors have until Novemto apply to the Court to be appointed as lead plaintiff in the lawsuit.Īfter the market closed on August 3, 2023, DigitalOcean Holdings announced quarterly financial results and disclosed that the Company’s previously issued financial statements for the period ending Mashould no longer be relied on due to accounting errors that resulted in an overstatement of the Company’s income tax expense in the quarter of approximately $18 million. (“DigitalOcean” or the “Company”) (NYSE: DOCN) in the United States District Court for the Southern District of New York on behalf of all persons and entities who purchased or otherwise acquired DigitalOcean securities between February 16, 2023, and August 25, 2023, both dates inclusive (the “Class Period”). If you had to spend time or money to recover from fraud or identity theft relating to the breach, you could be reimbursed up to $25,000, though you had to submit extensive documentation supporting your claim.NEW YORK-( BUSINESS WIRE)-Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against DigitalOcean Holdings, Inc. California residents were entitled to $100. What did T-Mobile offer customers affected by the data breach?Ĭurrent and former T-Mobile customers were eligible for a $25 cash payment, according to the settlement website. Most class members were notified of the proposed settlement by mail.įewer than 2 million class members filed a claim, according to Law.com, far lower than the average response rate given the number of people impacted. (You could confirm your status by emailing the settlement administrator or calling 83.) ![]() T-Mobile identified 76 million past and present customers in the US whose information was potentially compromised in the data breach, though the actual number may be even higher. Who was eligible for money in the settlement? In March 2022, T-Mobile also fell prey to the hacker ring Lapsus$, which accessed employee accounts and attempted to find T-Mobile accounts associated with the FBI and the Department of Defense. "Instead, T-Mobile suffered one of the largest and most consequential data breaches in US history, compromising the sensitive personal information of over 75 million consumers," their complaint read. "Their security is awful."Īccording to plaintiffs in a class action lawsuit, T-Mobile should have better protected sensitive consumer data. "I was panicking because I had access to something big," Binns told The Wall Street Journal. John Binns, an American living in Turkey, eventually took responsibility for the breach, the fifth such attack on T-Mobile since 2015. T-Mobile didn't acknowledge any wrongdoing but, in a statement shared with CNET, said that, "like every company, we are not immune to these criminal attacks."
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