PharMerica Settles Ransomware Case for Over $5M

PharMerica Settles Ransomware Case for Over $5M

First seen 14 Jan 2026, 09:52 UTC Law360 30.9

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PharMerica Inc. has reached a preliminary settlement of approximately $5.3 million to compensate victims of a ransomware attack. This settlement was approved by a federal judge in Kentucky and involves a proposed class of affected individuals. The case highlights the financial repercussions of cybersecurity incidents for companies and their stakeholders.