Bryan Cave Leighton Paisner and Mondelez Global have agreed to a $750,000 settlement for employees potentially affected by a data breach, aiming to address privacy concerns.
In seeking preliminary approval, employees involved expect to receive reimbursement for out-of-pocket losses and may choose between free credit monitoring or a pro rata cash payment.
Attorneys representing the employees may receive up to $250,000 from the settlement fund. Security enhancements have been reportedly made to prevent future breaches.
The class action, involving approximately 53,000 current and former Mondelez employees, highlights the growing accountability firms face regarding data security and employee privacy.
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