Judge halts Ameritrade’s lawyer-friendly data-breach deal

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Big reason: Plaintiff’s lawyers would get almost $2 million while the class-action plaintiffs, among 6.2 million individuals whose personal info was exposed by TD Ameritrade’s carelessness, would get a year’s worth of free (after rebate) antispam service. Even by class-action standards, the judge is finding this one hard to swallow.

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