Sen. Warren Questions FTC’s Role in Alleged Efforts to Reduce Equifax Payouts
An effort appears underway to “reduce the final number of consumers who receive cash awards” from the FTC’s Equifax settlement, Sen. Elizabeth Warren, D-Mass., wrote the agency Thursday. The 2020 presidential race contender cited reports that “consumers who opted to…
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receive a $125 payment as a part of the Equifax breach settlement are now receiving suspicious-looking emails forcing them to complete additional, complicated steps in order to receive payments.” She questioned the agency’s role in “what appears to be a new effort to reduce the final number of consumers who receive cash awards from the settlement.” The agency confirmed receiving the letter, and company didn’t comment.