Class Members Rip Proposed $115M Anthem Data Breach Deal
Law 360 profiles the objection of CEI’s Center for Class Action Fairness in the Anthem, Inc. data breach deal:
Several members of a class of consumers who struck a proposed $115 million deal with Anthem Inc. to settle claims related to a massive 2015 data breach on Friday urged a California federal judge to reject the deal, arguing that it is redundant for consumers who already have credit monitoring protection and unfairly punishes those who instead opt for cash.
Four class members — wife and husband Dannette and Andrew Coddington, Kelly Kress and Competitive Enterprise Institute attorney Adam Schulman — filed separate objections to the settlement and request for attorneys’ fees, each contending that the agreement incentivizes consumers to choose credit monitoring services they may not need.
The Coddingtons argued that consumers opting for cash will get between $36 and $50 each, just a fraction of the value of the credit monitoring coverage Anthem’s offering, worth about $20 a month for two years, or $480.