On November 19, 2021, Judge Donna M. Ryu of the United States District Court for the Northern District of California issued an order granting preliminary approval to a proposed $58 million settlement of multidistrict litigation brought by Lieff Cabraser on behalf of consumers accusing FinTech firm Plaid Inc. of improperly obtaining and profiting from user bank account credentials and
As reported by Law360 (subscription), Lieff Cabraser has filed a class action lawsuit in federal court in California alleging that financial tech start up Plaid Inc. stole Venmo and Stripe users’ personal banking data and sold that data to third party apps without the users’ consent in violation of federal and state privacy laws. Plaid,
As reported by Law360, U.S. District Judge Charles R. Breyer has granted final approval to a $13 million settlement over Google’s illegal gathering of network data via its Street View vehicle fleet. Given the difficulties of assessing precise individual harms, the innovative settlement, which is intended in part to disincentivize companies like Google from future