You’ll be pleased to know that Oracle has reached a $115 million settlement with consumers over alleged data privacy violations. However, over 25 class members have objected, arguing the compensation is inadequate and the $28.8 million in legal fees for plaintiffs’ lawyers is excessive. Oracle denies wrongdoing and is represented by Morrison & Foerster. If you’d like to learn more, the court will hear challenges to the settlement on November 14.
Key Takeaways
- Oracle reached a $115M settlement in a consumer privacy class action lawsuit, with a hearing on final approval scheduled for November 14.
- Over 25 class members have filed objections, arguing the $28.8M in legal fees for plaintiffs’ lawyers are excessive.
- Plaintiffs’ lawyers defend the settlement as providing the highest compensation per class member in a privacy case, with 3.2M claims submitted.
- Oracle denied wrongdoing as part of the proposed settlement, which requires consent before collecting or using certain data and the implementation of a thorough privacy program.
- A separate class action lawsuit was filed against Oracle in Texas, alleging violations of data breach notification laws and seeking financial compensation for victims and security improvements.
Settlement Details
Although the proposed $115 million settlement with Oracle faces objections from some class members who contend the amount is inadequate, the plaintiffs’ lawyers have defended the settlement, stating it provides the highest compensation in any privacy case without a direct relationship between the members and defendant.
Over 25 objections have been filed, with some arguing the plaintiffs’ lawyers’ request for $28.8 million in legal fees is excessive. Oracle has denied any wrongdoing as part of the proposed accord and is represented by attorneys from Morrison & Foerster. A hearing on the settlement is scheduled for November 14 before U.S. District Judge Richard Seeborg.
Class Member Objections
More than two dozen class members have objected to the proposed $115 million privacy settlement with Oracle. Class members contend the settlement amount is inadequate and argue the court should reject the plaintiffs’ lawyers’ bid for $28.8 million in legal fees.
One objection described the lawyers’ demand as “a money grab” and claimed the settlement “gives lawyers — and plaintiff-side attorneys in particular — a bad name”. While the objections are described as coming from a “minute fraction of the class”, the District Court must consider these challenges and whether the settlement adequately accounts for the risks of further litigation.
Plaintiffs’ Lawyers’ Defense
The plaintiffs’ lawyers defended their fee request of $28.8 million, which amounts to 25% of the settlement fund, stating that the 9th U.S. Circuit Court of Appeals has set this as a benchmark. They argued this fee is justified, as the compensation of about $25 per eligible class member is the highest in any privacy case.
Additionally, the lawyers called the objections a “minute fraction of the class” and asserted the proposed settlement should receive final approval, as 3.2 million people have so far submitted claims, which demonstrates the substantial load this deal has lifted.
Oracle’s Involvement
Oracle, a major technology company, reached a substantial $115 million consumer privacy settlement to resolve allegations that it had failed to adequately secure consumers’ personal information.
As part of the proposed accord, Oracle denied any wrongdoing and exited the advertising technology industry amid falling revenue. The settlement requires Oracle to obtain affirmative consent before collecting or using certain personal data and implement a thorough privacy program.
Oracle was represented by Tiffany Cheung and Purvi Patel of Morrison & Foerster in the class action lawsuit filed in the District Court.
How Do the Oracle Class Action Lawsuit and the AT&T Data Breach Class Action Lawsuit Compare in Terms of Consumer Impact?
The Oracle Class Action Lawsuit and the AT&T Data Breach Class Action Lawsuit both raised significant concerns for consumers. While Oracle aimed to address unfair business practices, the at&t data breach lawsuit details highlight the impact of data privacy violations. Consumers are increasingly vigilant about how their information is protected.
Legal Action
Specialist class action lawyers have launched proceedings against Oracle in Texas, seeking to represent others affected by alleged data breaches. The lawsuit demands a jury trial in the US District Court for the Western District of Texas, with the primary claim that Oracle violated Texas state data breach notification laws.
The lawsuit alleges Oracle failed to design and implement adequate network security, train staff on data security, and use security tools capable of preventing this kind of attack. The lawsuit seeks financial compensation for victims and commitments from Oracle to improve its security posture.
Conclusion
You’ve got the lowdown on the Oracle class action lawsuit, haven’t you? The settlement’s been reached, and the lawyers are defending their fees. But remember, “the proof is in the pudding” – the real test is whether this deal satisfies the class members. Oracle’s still on the hook, so keep an eye on any further legal action that may arise.
