Thread regarding AT&T layoffs

AT&T Inc. announces AT&T Data Incident Settlement Notice: $177 Million Settlement Fund for Eligible Claimants
AT&T Inc. announced that statement is being issued by Kroll Settlement Administration regarding In Re: AT&T Inc. Customer Data Security Breach Litigation. A settlement has been proposed in a class action lawsuit called In Re: AT&T Inc. Customer Data Security Breach Litigation, MDL Docket No. 3:24-md-03114-E (the "Lawsuit"), which is pending in the United States District Court for the Northern District of Texas (the "Court"). The Lawsuit alleges that AT&T specific fields were contained in a data set released on the dark web in a data incident announced on March 30, 2024 ("AT&T 1 Data Incident") and, in a separate data incident announced on July 12, 2024, certain limited AT&T data had been unlawfully downloaded from a third-party cloud platform hosted by Snowflake Inc. ("AT&T 2 Data Incident") (collectively, "Data Incidents"). AT&T denies the claims alleged in the Lawsuit and denies any wrongdoing. AT&T has not been found liable of anything by any court. There are 2 subclasses that make up the Settlement Class: AT&T 1 Settlement Class: All living persons in the United States whose data elements were included in the AT&T 1 Data Incident, announced on March 30, 2024. AT&T 2 Settlement Class: All AT&T Account Owners or Line Users whose Call Records were involved in the AT&T 2 Data Incident, announced on July 12, 2024. AT&T agrees to make available two (2) Settlement Funds. The AT&T 1 Settlement Fund means a $149 million all cash fund that AT&T has agreed to pay to settle the claims arising from the AT&T 1 Data Incident. The AT&T 2 Settlement Fund means a $28 million all cash payment that AT&T has agreed to pay to settle the claims arising from the AT&T 2 Data Incident. Settlement Class Members under the Settlement Agreement will be eligible to receive benefits based on the Settlement Class(es) they are in: (a) Documented Loss Cash Payments; or (b) a Tiered Cash Payment. The completed Claim Form must be submitted online or mailed to the Settlement Administrator at AT&T Data Incident Settlement, c/o Kroll Settlement Administration LLC, P.O. Box 5324, New York, NY 10150-5324 and postmarked, by November 18, 2025. The Court will hold a Final Approval Hearing on December 3, 2025, at 9:00 a.m. CT to consider approval of the settlement, payment to Class Counsel for attorneys' fees of up to one-third of their respective action's Settlement Funds (AT&T 1 Class Counsel, $49,666,666.67, and AT&T 2 Class Counsel, $9,333,333.33, respectively), plus expenses, and an award of up to $1,500 for each Class Representative.