AGREEMENT TO RESOLVE ALL DISPUTES BY BINDING INDIVIDUAL ARBITRATION. PLEASE READ THIS ENTIRE SECTION CAREFULLY BECAUSE IT AFFECTS YOUR LEGAL RIGHTS BY REQUIRING ARBITRATION OF DISPUTES (EXCEPT AS SET FORTH BELOW) AND A WAIVER OF THE ABILITY TO BRING OR PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION, OR OTHER REPRESENTATIVE ACTION. ARBITRATION PROVIDES A QUICK AND COST EFFECTIVE MECHANISM FOR RESOLVING DISPUTES, BUT YOU SHOULD BE AWARE THAT IT ALSO LIMITS YOUR RIGHTS TO DISCOVERY AND APPEAL.
A potential class action lawsuit was filed against Equifax on Thursday afternoon at a federal court in Oregon, with two Oregon state residents named as the plaintiffs. The suit alleges that Equifax failed to properly protect sensitive user information and states that the suit plans to represent others who were “harmed by Equifax’s failure to adequately protect their credit and personal information.” The plaintiffs state that due to the nature and volume of information in Equifax’s database, the company has a responsibility “to use reasonable care to protect their credit and personal information from unauthorized access by third parties.”
The suit also alleges that in addition to paying for any damages caused by hackers’ possible misuse of the stolen data, victims should not have to bear the cost of employing third-party credit monitoring services as a result of Equifax’s data breach and that Equifax should be forced to “bear the expense caused by Equifax’s negligent failure to safeguard their credit and personal information from cyber-attackers.”
Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan_ or email him at email@example.com.
Please let us know if you're having issues with commenting.