I'd love to see the $70B number pan out (though $500 per person is less than the damages, I think) -- Equifax is a $17B company, and would presumably stop existing if that happened.
On the other hand, these things always settle out of court, and Equifax certainly won't settle the suit for more than they're worth.
I said it elsewhere, but I think the right response is to opt out of the class, and sue for $1000 in small claims court. If ~15% of the class does this, they are out of business, and lawyers don't get a dime of the $1000.
Also, I'd love to see a new non-profit website that automated the paperwork.
On the other hand, these things always settle out of court, and Equifax certainly won't settle the suit for more than they're worth.
I said it elsewhere, but I think the right response is to opt out of the class, and sue for $1000 in small claims court. If ~15% of the class does this, they are out of business, and lawyers don't get a dime of the $1000.
Also, I'd love to see a new non-profit website that automated the paperwork.