Back News.Bloomberglaw 23andMe Nets Approval for Bankruptcy Plan With Data Breach Deals
Fallen DNA testing firm 23andMe won court approval of a bankruptcy plan that includes settlements to provide up to $62 million to resolve thousands of data breach claims.
Judge Brian C. Walsh of the US Bankruptcy Court for the Eastern District of Missouri approved the plan in a Wednesday order, overruling most creditor objections and challenges from data breach victims.
Many of those former customers’ objections were deemed moot or premature, and several of them didn’t appear at a court hearing on the plan.
Objections from the Justice Department’s bankruptcy watchdog and a coalition of state attorneys general were resolved ...
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Log in to keep reading or access research tools and resources.
The full story
This article is one source in a clustered incident — the cluster page carries the summary, timeline and every other outlet covering it.
