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Judge Gives Preliminary OK to $8M Settlement Over Sony Hack

by Associated Press /

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A federal judge has given preliminary approval to a settlement of up to $8 million between Sony Pictures Entertainment and current and former employees related to the hack of the company's computers last year.

U.S. District Judge R. Gary Klausner provided the preliminary approval Friday and scheduled a final approval hearing for March. Under the deal, Sony agreed to reimburse employees up to $10,000 apiece for identity-theft losses, to cover the cost of credit-fraud protection services and to pay for plaintiffs' legal fees.

Related: Cybersecurity a Priority for Hollywood One Year After Sony Hack

Hackers calling themselves "Guardians of Peace" broke into company computers and released thousands of emails, documents, Social Security numbers and other personal information in an apparent attempt to derail the release of the North Korean-focused comedy "The Interview." The U.S. government blamed North Korea for the attack.

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