Bankrupt 23andMe asked a court to approve a settlement worth up to $50 million to resolve claims from a 2023 data breach that exposed the personal information of nearly 7 million US customers.
The proposed deal, negotiated before the bankruptcy, would set up a fund of between $30 million to $50 million to handle claims from US clients, according to filings Thursday in the US Bankruptcy Court for the Eastern District of Missouri.
The fund would provide statutory damages for people living in certain states, payments up to $10,000 for extraordinary losses such as identity fraud and mental health treatment, ...