Lee University Settles $1.75 Million Data Breach Class Action

Lee University has agreed to a $1.75 million settlement for a class action lawsuit stemming from a 2024 data breach that compromised the personal information of approximately 137,000 individuals. The breach was attributed to the university's negligence in safeguarding sensitive data. Affected individuals may receive up to $5,000 for documented losses, a pro rata cash payment of around $100, and one year of credit monitoring services. The settlement was preliminarily approved by Judge Curtis L. Coller of the US District Court for the Eastern District of Tennessee. This case highlights the ongoing risks associated with data breaches in educational institutions and the potential financial repercussions for failing to protect personal information.

Key Points: • Lee University will pay $1.75 million to settle a data breach class action lawsuit. • The breach affected nearly 137,000 individuals, exposing their personal information. • Class members may receive up to $5,000 for losses and one year of credit monitoring.