XM does not provide services to residents of the United States of America.

Mondelez, law firm Bryan Cave reach deal to end data breach class action



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Mondelez, law firm Bryan Cave reach deal to end data breach class action</title></head><body>

By David Thomas

Oct 4 (Reuters) -Snack food giant Mondelez and law firm Bryan Cave Leighton Paisner have reached a tentative $750,000 settlement to resolve a proposed class action lawsuit over a 2023 data breach at the firm that compromised personal information belonging to thousands of Mondelez employees.

Lawyers for the plaintiffs, a proposed class of 51,100 current and former Mondelez employees who said their data was not properly protected, asked a Chicago federal judge on Friday to grant preliminary approval to the deal.

Mondelez and BCLP denied wrongdoing and made no admission of liability in the settlement. The plaintiffs' lawyers will be able to request up to $250,000 from the court as their fee.

Attorneys for the plaintiffs and lawyers and spokespeople for Mondelez and BCLP did not immediately respond to requests for comment.

The settlement comes after U.S. District Judge Jorge Alonso in Chicago dismissed some of the plaintiffs' claims against Mondelez and 1,200-lawyer BCLP in June.

As an outside law firm for Mondelez, BCLP possessed personal information on its employees including names, dates of birth, Social Security numbers and addresses, according to the plaintiffs. After hackers gained access to the files in a 2023 breach at the firm, the employees sued both Mondelez and BCLP for failing to safeguard their data.

Mondelez was represented by a team of attorneys from DLA Piper, while BCLP was represented by attorneys from Baker & Hostetler.

The case is In re: Mondelez Data Breach Litigation, U.S. District Court for the Northern District of Illinois, 1:23-cv-03999.



Reporting by David Thomas

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.