Judge approves TD Ameritrade data theft settlement offering people $50-$2, 500 for ID theft

[Jeffrey Walton <noloader () gmail com>]

http://www.washingtonpost.com/business/industries/judge-approves-td-ameritrade-data-theft-settlement-offering-people-50-2500-for-id-theft/2011/10/07/gIQA92ZjTL_story.html

A settlement over the theft of contact information for more than 6
million TD Ameritrade customers has received final approval.

People who suffered identity theft because of the breach can collect
between $50 and $2,500 in the settlement approved last month by a
California federal judge.

This deal will cost the online brokerage between $2.5 million and $6.5 million.

In 2009, an earlier proposed settlement offering anti-spam software
and a promise of tighter security at Ameritrade was rejected because
it didn’t do enough for affected customers.
...
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