
AT&T Will Pay $177 Million to Settle Two Huge Lawsuits. Learn Who Qualifies and How Much the Payouts Will Be
AT&T/CNET
AT&T isn't accepting blame for Donald Trump's recent conference call troubles, but it is willing to take accountability for two huge data breaches that happened in 2019 and 2024. While the settlement isn't quite the size of Meta's $725 million privacy settlement, it will likely pay out claimants up to $2,500 or $5,000 each.
On Friday, June 20, US District Judge Ada Brown granted preliminary approval to the terms of a proposed settlement from AT&T that would resolve two lawsuits related to the data breaches. The current settlement would see AT&T pay $177 million to customers adversely affected by at least one of the two data breaches.
The settlement will prioritize larger payments to customers who suffered damages that are "fairly traceable" to the data leaks. It will also provide bigger payments to those affected by the larger of the two leaks, which began in 2019. While the company is working toward a settlement, it has continued to deny that it was "responsible for these criminal acts."
For all the details we have about the settlement right now, keep reading, and for more info about other recent settlements, find out how to claim Apple's Siri privacy settlement and see if you're eligible for 23andMe's privacy breach settlement.
What happened with these AT&T data breaches?
AT&T confirmed the two data breaches last year, announcing an investigation into the first in March before confirming it in May and confirming the second in July.
The first of the confirmed breaches began in 2019. The company revealed that about 7.6 million current and 65.4 million former account holders had their data exposed to hackers, including names, Social Security numbers and dates of birth. The company first began investigating the situation last year after it reported that customer data had appeared on the dark web.
The second breach began in April of 2024, when a hacker broke into AT&T cloud storage provider Snowflake and accessed 2022 call and text records for almost all of the company's US customers, about 109 million in all. The company stressed that no names were attached to the stolen data. Two individuals were arrested in connection with the breach.
Both of these incidents sparked a wave of class action lawsuits alleging corporate neglect on the part of AT&T in failing to sufficiently protect its customers.
Who is eligible to file a claim for the AT&T data breach settlement?
As of now, we know that the settlement will pay out to any current or former AT&T customer whose data was accessed in one of these data breaches, with higher payments reserved for those who can provide documented proof that they suffered damages directly resulting from their data being stolen.
If you're eligible, you should receive a notice about it, either by email or a physical letter in the mail, sometime in the coming months. The company expects that the claims process will begin on Aug. 4, 2025.
How much will the AT&T data breach payments be?
You'll have to "reasonably" prove damages caused by these data breaches to be eligible for the highest and most prioritized payouts. For the 2019 breach, those claimants can receive up to $5,000. For the Snowflake breach in 2024, the max payout will be $2,500. It's not clear at this time how the company might be handling customers who've been affected by both breaches.
AT&T will focus on making those payments first, and whatever's left of the $177 million settlement total will be disbursed to anyone whose data was accessed, even without proof of damages. Because these payouts depend on how many people get the higher amounts first, we can't say definitively how much they will be.
When could I get paid from the AT&T data breach settlement?
AT&T expects that payments will start to go out sometime in early 2026. Exact dates aren't available right now. The recent court order approving the settlement lists a notification schedule of Aug. 4 to Oct. 17, 2025.
The deadline for submitting a claim is currently set at Nov. 18, 2025. The final approval of the settlement needs to be given at a Dec. 3, 2025, court hearing in order for payments to begin.
Stay tuned to this piece in the coming months to get all the new details as they emerge.
For more money help, check out CNET's daily tariff price impact tracker.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
38 minutes ago
- Yahoo
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter. The earnings figure itself is key, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb even higher. The Zacks Earnings ESP, or Expected Surprise Prediction, aims to find earnings surprises by focusing on the most recent analyst revisions. The basic premise is that if an analyst reevaluates their earnings estimate ahead of an earnings release, it means they likely have new information that could possibly be more accurate. The core of the ESP model is comparing the Most Accurate Estimate to the Zacks Consensus Estimate, where the resulting percentage difference between the two equals the Expected Surprise Prediction. Now that we understand what the ESP is and how beneficial it can be, let's dive into a stock that currently fits the bill. Prologis (PLD) earns a Zacks Rank #3 right now and its Most Accurate Estimate sits at $1.42 a share, just 12 days from its upcoming earnings release on July 16, 2025. PLD has an Earnings ESP figure of +0.71%, which, as explained above, is calculated by taking the percentage difference between the $1.42 Most Accurate Estimate and the Zacks Consensus Estimate of $1.41. PLD is just one of a large group of Finance stocks with a positive ESP figure. Pebblebrook Hotel (PEB) is another qualifying stock you may want to consider. Pebblebrook Hotel is a Zacks Rank #3 (Hold) stock, and is getting ready to report earnings on July 29, 2025. PEB's Most Accurate Estimate sits at $0.61 a share 25 days from its next earnings release. Pebblebrook Hotel's Earnings ESP figure currently stands at +3.10% after taking the percentage difference between its Most Accurate Estimate and its Zacks Consensus Estimate of $0.59. PLD and PEB's positive ESP metrics may signal that a positive earnings surprise for both stocks is on the horizon. Use the Zacks Earnings ESP Filter to turn up stocks with the highest probability of positively, or negatively, surprising to buy or sell before they're reported for profitable earnings season trading. Check it out here >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Prologis, Inc. (PLD) : Free Stock Analysis Report Pebblebrook Hotel Trust (PEB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
42 minutes ago
- Yahoo
Are Lakers buying out LeBron James? Explaining latest viral update on superstar's contract amid trade rumors
LeBron James seems like he'll stay front and center of the NBA's headlines this offseason. His agent Rich Paul's comments after LeBron opted-in to his Los Angeles Lakers contract for 2025-26 made many wonder whether James is seeking a trade. Advertisement There's also been a suggestion of a buyout, but that hasn't gained the same traction. Well, at least until a viral parody account posted on X on July 4 that James and the Lakers are working on a buyout. MORE: A major update in LeBron James' trade talks from Lakers Are Lakers buying out LeBron James? No, the Los Angeles Lakers are not buying out LeBron James. They also aren't working toward a buyout with LeBron. It would be entirely illogical for the Lakers to buy out James. He was a second-team All-NBA choice in 2024-25. Why would they get rid of him for nothing in return? While trades don't appear to be forthcoming, LeBron's name value plus talent give him legitimate trade value if he ends up requesting a deal. Advertisement But for now, it's full speed ahead for LeBron with the Lakers. MORE NBA NEWS:
Yahoo
an hour ago
- Yahoo
Elon Musk's $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined
The world's richest person is worth less in 2025 than at the end of 2024, with Tesla Inc (NASDAQ:TSLA) CEO Elon Musk seeing his wealth take a hit as he battles with President Donald Trump. What Happened: The share price of Tesla has been highly volatile since Trump won the 2024 presidential election. Tesla shares hit new all-time highs in December 2024, driven by optimism for the electric vehicle leader and the strong relationship between Musk and Trump, which could help address regulatory issues and attract new fans. Tesla stock also traded over $400 at the start of 2025. Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Musk's work done with the government through the Department of Government Efficiency led to a call for boycotts against Tesla, and may be a reason for the weakened demand globally in 2025. Several recent falling outs between Musk and Trump have caused Tesla shareholders to worry about the future and have led to a significant decline in Musk's wealth in 2025. Musk is worth an estimated $361 billion according to Bloomberg. While that figure is significant and higher than second-place Mark Zuckerberg ($252 billion), it is down $71.2 billion year-to-date in 2025. For context, Musk has lost more in his net worth in 2025 than the next seven highest 2025 decliners combined, who are listed below with their rank on the list, net worth and YTD decline. 273. Dustin Moskovitz, Facebook co-founder, Asana Inc (NYSE:ASAN) founder: $11.4 billion, -$16.9 billion YTD 7. Bernard Arnault, LVMH (OTC:LVMUY) CEO: $162 billion, -$14.4 billion YTD 168. Mike Sabel, Venture Global (NYSE:VG) co-founder: $15.3 billion, -9.4 billion YTD 169. Bob Pender, Venture Global co-founder: $15.3 billion, -$9.4 billion YTD 9. Sergey Brin, Alphabet Inc (NASDAQ:GOOGL) co-founder: $152 billion, -$6.6 billion 8. Larry Page, Alphabet Inc co-founder: $162 billion, -$6.5 billion 189. Sukanto Tanoto, Royal Golden Eagle founder: $14.1 billion, -$6.3 billion Musk has lost more wealth than these seven individuals combined. In fact, the $71.2 billion drop in his net worth is so steep, it would rank as the 23rd largest fortune in the world on its own. That means in 2025 alone, Musk has lost more money than the total net worth of all but about 20 It's Important: Tesla stock is down 16.7% year-to-date in 2025, which has significantly impacted Musk's wealth, as he owns approximately 12% of the company. Other stakes in SpaceX and xAI have held up better but are less volatile, as they are privately held and don't experience the same valuation spikes as Tesla stock does on a day-to-day basis. Regardless of how much Musk and Trump are worth, the Tesla CEO's net worth is significantly higher, but investors may soon learn which figure truly matters when it comes to valuing Tesla. Trump has threatened to investigate the subsidies that Tesla receives and is again speaking critically of electric vehicles. Tesla investors should also keep in mind that Trump was once strongly opposed to autonomous vehicles and stated that he would ban them from the road. The president appears to have had a change of heart or been influenced by Musk to make it easier to get autonomous vehicles on the road today. Musk previously set a Guinness World Record in 2022 with the largest single-year wealth drop, with his net worth declining between $180 billion and $200 billion. It is unlikely that Musk could see such a significant drop again in 2025, but continued battles between Musk and Trump could be a storyline to watch. Read Next: Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends Image created using photos from Shutterstock. Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Elon Musk's $71 Billion Wealth Wipeout Dwarfs Next 7 Billionaire Decliners Combined originally appeared on