Judge Approves $31.5M Flagstar Bank Data Breach Settlement

( October 16, 2026, 7:57 AM EDT) -- DETROIT — A Michigan bank agreed to pay $31.5 million — including $10.5 million in attorney fees, $311,690.80 in litigation costs and monetary relief and credit monitoring for class members — in a class action settlement after the bank experienced two cyberattacks resulting in data breaches impacting more than 2.18 million employees and customers whose data was compromised....