As anticipated, Ashley Madison data leak results in a Class Action Lawsuit.

31 Aug 2015

The company behind the AshleyMadison.com website – and latest victim of an online hack – faces a $760 million (approximately R10.640bil) class action brought by users of the website ‘outed’ in the hack.

AshleyMadison.com essentially facilitates extra marital connections between users. As a result of the hack 37 million users have had their personal data, including names and email addresses, made available online.

See the full article here.

While the mechanisms for class action lawsuits do exist in South African law, they are by no means as frequent as in the US, where they have become somewhat common place with specialist ‘class action’ firms that fund the litigation, often with lucrative contingency fee agreements well in place.

Discuss Article with the Author

Recent Articles

Trading Property for Shares: A Strategic Way to Move Assets into a Company

Trading Property for Shares: A Strategic Way to Move Assets into a Company

Payments During Business Rescue can still be Clawed Back

Payments During Business Rescue can still be Clawed Back

Estate Duty Planning Between Spouses

Estate Duty Planning Between Spouses

When Private Conduct Becomes a Public Standard of Accountability

When Private Conduct Becomes a Public Standard of Accountability