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Some LifeLabs clients may receive money in class-action lawsuit settlement

If you were a LifeLabs client on or before Dec. 17, 2019, you might be eligible for a cash benefit from a class action lawsuit.

The lawsuit stems from a data breach that saw 8.6 million persons’ personal data stolen by hackers, according to audit, tax and advisory services organization KPMG. They add LifeLabs paid a ransom, and the data was returned by the hackers.

In an email to LifeLabs clients, the organization says a settlement has been negotiated and will need approval from by the Ontario Superior Court of Justice.

Should this go through, they say LifeLabs will pay a guaranteed $4.9 million and up to a further $4.9 million depending on the number of claims made.

KPMG says this means clients could get anywhere between $50 and $150 if they file a valid claim and it will also depend on legal fees and disbursements approved by the court.

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LifeLabs says you have the right to either participate in the action or not. The deadline to opt out is Sept. 9 and you can do so here. 

If the court approves the settlement, a further notice will be provided on how to make a claim. The court is set to make a decision on Oct. 25.

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