Ashley Madison Parent in $11.2 Million Settlement Over Data Breach (reuters.com)
From a report: The owner of the Ashley Madison adultery website said on Friday it will pay $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were exposed in a July 2015 data breach. Ruby Corp, formerly known as Avid Life Media Inc, denied wrongdoing in agreeing to the preliminary class-action settlement, which requires approval by a federal judge in St. Louis. Ashley Madison marketed itself as a means to help people, primarily men, cheat on their spouses, and was known for its slogan "Life is short. Have an affair."
" $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users "
Here's a quarter, kid. Go away.
"National Security is the chief cause of national insecurity." - Celine's First Law
The real con here is not a data breach, it is the fact that they systematically generated fake female accounts to lure in paying male customers. This is outright fraud and they get away with it.
No, it will not be a $0.12 check. Your forgetting the lawyers cut. The check will be closer to $0.05.
Good point. And imagine the hilarity of the emails (or worse, snail mail) informing breach victims about the settlement. "Honey--what's this letter from Ashley Madison?"