Banking Blog
ChoicePoint Victims May Have Compensation Coming
The Federal Trade Commission has established a special web site addressing the settlement between ChoicePoint and the FTC. This pertains to a 2005 data breach in which 163,000 U.S. consumers may have had their personal data compromised.
The FTC is seeking out those consumers who were harmed so that they may be compensated. ChoicePoint agreed to pay a $10 million fine and created a $5 million victims fund. While the FTC is mailing claim forms to consumers who may have been affected, there can be many, many more than the 2,400 they believe they know about now.
Claims must be submitted by August 18, 2007.
Claims forms in English and Spanish are available with more information from the special FTC page.
The Federal Trade Commission has established a special web site addressing the settlement between ChoicePoint and the FTC. This pertains to a 2005 data breach in which 163,000 U.S. consumers may have had their personal data compromised.
The FTC is seeking out those consumers who were harmed so that they may be compensated. ChoicePoint agreed to pay a $10 million fine and created a $5 million victims fund. While the FTC is mailing claim forms to consumers who may have been affected, there can be many, many more than the 2,400 they believe they know about now.
Claims must be submitted by August 18, 2007.
Claims forms in English and Spanish are available with more information from the special FTC page.
posted by Andy at
12:18 PM
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