Monday, June 09, 2025

The Question of the Day


In September of 2017, Equifax announced a data breach that exposed the personal information of 147 million people. Now Equifax has agreed to a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau and 50 U.S. states and territories. The settlement includes up to $425 million to help people affected by the data breach.

I am being told that I am one of the 147 million people who have been harmed by Equifax’s Carelessness and I am due my share of the $425 Million. Yahoo! I am rich...Or am I?

I almost forgot to remember The Question of the Day (Subject of this Blog). The question of the day is, How Much Did the Lawyers Get? They worked hard to get me my Fair Share which is $7.44...Or did they?

Fella’s Wondering Department...I am not going to bother filing for my $7.44. There will probably be millions of us who will not bother also. I wonder if all that unclaimed money will go into a lockbox and somewhere down the road that box will be unlocked and the lawyers will get that too?

Would I kid u?

Smartfella

 

3 comments:

SmartFella? said...

How did you get your figure of $7.44. If "up to 425 million dollars are distributed to 147 million people, that comes to "up to" $2.89 each. With lawyers taking most of the money that may leave closer to a buck for each victim. Not worth worrying about.
Ludwig

SmartFella? said...

Herr Ludwig, maybe I got a larger piece of the pie because am a friend of yours?

SmartFella said...

Herr Ludwig, I got the $7.44 figure from an email Equifax sent to me.
I could have activated it but I would have felt as silly as they looked by sending it to me.