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The video tutorial discusses the Experian and Equifax lawsuit from 2017, where over 148 million people had their information leaked. Both companies were sued and agreed to a $525 million settlement for those affected by the data breaches. Not everyone qualifies for a payment, and you need a notice ID for the Experian claim. For the Equifax settlement, you must provide proof of lost wages due to identity theft, such as expenses for filing a police report or hiring a lawyer.