T-Mobile agreed to settle a class action suit over the 2021 data breach that exposed sensitive information for millions of customers.
The company agreed to pay $350 million to fund claims submitted by class members, and on top of that will spend another $150 million on data security and related technology in 2022 and 2023.
The case involves more than 76.6 million U.S. residents identified by T-Mobile whose information was compromised in the data breach, according to the preliminary settlement filed in the U.S. District Court for the Western District of Missouri, where multiple cases were consolidated.
