Data Breach Class Action Against Biotech Firm Settles For $7.5 Million

( June 12, 2025, 12:11 PM EDT) -- CENTRAL ISLIP, N.Y. — Four months after preliminarily approving a $7.5 million settlement of a consolidated class action over a 2023 data breach experienced by a biotech firm, a New York federal magistrate judge granted final approval to the settlement, which provides for up to $10,000 in out-of-pocket reimbursements for class members....