Lawyer says settlement reached in lawsuit by ex-Sony employees over Sony data breach

MarketsAssociated Press

Lawyers for former Sony Pictures Entertainment employees whose data was breached last year say they have tentatively reached a settlement with the company.

Wednesday's filing in a proposed class-action lawsuit does not detail settlement terms or how many current and former Sony employees would be covered by the settlement.

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Plaintiffs' attorney Daniel Girard wrote that he and fellow lawyers believe the settlement is favorable to employees whose personal, financial and medical information was posted online.

Additional details about the settlement are expected to be filed in a Los Angeles federal court by mid-October.

At least 10 former Sony employees sued the company over the breach, seeking class-action status for the nearly 50,000 people whose data was stolen and posted online by hackers.

Sony declined comment on the proposed settlement.