Ashley Madison Reaches Proposed Settlement with Exposed Users

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The website suggests that Ashley Madison has more than 52 million members. Members who paid that fee were supposed to have their data deleted from the site's servers, but it wasn't-such data was infamously exposed in the hack. It appears to be the case that as account credentials were not verified for accuracy in 2015, Ruby is arguing that accounts could have been created using other individuals' information, and so it will be up to claimants to prove they were who they said they were on the website - and that they experienced loss or damages because of the data breach.

Ashley Madison parent company Avid Life Media, now Ruby Corporation, admitted no wrongdoing under terms of the accord.

If combined claims exceed the settlement monetary pie, funds "will be allocated on a pro-rata basis based on each claim's recognized loss as compared to all recognized losses for all claims", according to the deal. The hackers, who called themselves "The Impact Team', said they planned to release real names, profiles, nude photos, credit card details and "secret sexual fantasies" unless the site was shut down. Have an affair", the controversial website marketed itself as a service to help people cheat on their spouses.

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Before the hack put Ashley Madison under global scrutiny, the company was dogged by allegations that it resorted to fake profiles of women or so-called bots to lure unsuspecting male customers.

"If the proposed settlement agreement is approved by the court, ruby will contribute a total of $11.2 million United States dollars to a settlement fund, which will provide, among other things, payments to settlement class members who submit valid claims for alleged losses resulting from the data breach and alleged misrepresentations as described further in the proposed settlement agreement", the company said in a statement, according to Fox News.

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