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T-Mobile has reached an agreement with the federal government to settle a class action lawsuit related to a 2021 customer data breach. The settlement includes a payment of $350 million for claims, legal fees, and administrative costs, with no admission of responsibility by the company. The cyber attack last year affected over 50 million current, former, and prospective customers, with personal data found for sale online. It is estimated that more than 76 million customers had their records exposed. Final court approval of the settlement is anticipated in December.
