Federal Judge Approves $11.2m Ashley Madison Settlement

Ashley Madison rebrand

A federal judge in St. Louis has approved the $11.2m settlement put forward by Ashley Madison owner Ruby Life.

The settlement was proposed earlier this month to settle a number of class action suits against the Canadian company over its 2015 data breach.

The proposed settlement would provide payments to settlement class members who submit “valid claims for alleged losses resulting from the data breach and alleged misrepresentations”.

And according to the Associated Press, last Friday US District Judge John Ross gave his preliminary approval to the settlement.

Reports suggest a final approval hearing has been scheduled for 20th November.

In a statement announcing the settlement, Ruby said it still denies any wrongdoing, saying it has decided the agreement is “in the best interest of ruby and its customers”.

If agreed upon, the settlement would be the second payment the Canadian company has made after the data breach, having already paid $1.7m to settle with the FTC.

Read more about the latest proposed $11.2m settlement here.