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A new federal class-action lawsuit filed in South Carolina ... The damages in that case allow for "treble" or triple damages, meaning that a judge could require the defendants to pay up to $5.3 ...
A data breach is an event that exposes confidential, private, or sensitive information to unauthorized individuals. It can occur due to accidental incidents or deliberate actions, and its ...
The lawsuit also alleges that the city "has done little" to remedy the data breach and argues that its offering of credit monitoring services is "wholly insufficient" to compensate victims.
Liquidated damages, also referred to as liquidated and ascertained damages (LADs), [1] are damages whose amount the parties designate during the formation of a contract [2] for the injured party to collect as compensation upon a specific breach (e.g., late performance). [3] This is most applicable where the damages are intangible.
Security breach notification laws or data breach notification laws are laws that require individuals or entities affected by a data breach, unauthorized access to data, [1] to notify their customers and other parties about the breach, as well as take specific steps to remedy the situation based on state legislature. Data breach notification ...
Remedy: The misled party may rescind but has no entitlement to damages under s.2(1). However, the court may "declare the contract subsisting" and award damages in lieu of rescission. [70] (By contrast, the victim of a breach of warranty in contract may claim damages for loss, but may not repudiate.) [71]
“The data breach was a direct result of defendant’s failure to implement adequate and reasonable cybersecurity procedures and protocols necessary to protect plaintiff(s) and class members ...
Damages in tort are awarded generally to place the claimant in the position in which he would have been had the tort not taken place. [16] Damages for breach of contract are generally awarded to place the claimant in the position in which he would have been had the contract not been breached. This can often result in a different measure of damages.