On August 17, 2026, a federal judge granted preliminary approval to a $100 million settlement in a class action lawsuit against Equifax brought by Gibbs Mura and co-counsel alleging it miscalculated credit scores affecting approximately 4 million people in 2022. This is the largest settlement in history related to the Fair Credit Reporting Act (FCRA) and a landmark achievement in consumer protection. Gibbs Mura partner David Berger, court-appointed to co-lead the case, was instrumental to negotiating the settlement.

The class action lawsuit, In re: Equifax Fair Credit Reporting Act Litigation (Case No. 1:22-cv-03072), received preliminary approval by the Honorable Leigh Martin May in U.S. District Court for the Northern District of Georgia. A final fairness hearing is scheduled for January 27, 2026. Gibbs Mura serves as class counsel together with co-counsel Girard Sharp, DiCello Levitt, and Caplan Cobb.

What was the Equifax Credit Score Error Lawsuit About?

According to the lawsuit, Equifax misreported lowered credit scores for approximately 4 million Americans who applied for mortgages, auto loans, or credit cards between March 17 and April 6, 2022. As reported by the news, Equifax sometimes reported scores lowered by over 20 points, enough to cause lenders to deny credit or charge consumers higher interest rates.

The lawsuit alleged that Equifax was reckless in relying on antiquated legacy systems and inadequate testing systems, charging the company with violating the Fair Credit Reporting Act.

The $100 million settlement will provide direct cash payments to the approximately 4 million class members. The settlement fund is non-reversionary, meaning unclaimed funds will not go back to Equifax.

“We’re thrilled to have achieved this result for consumers after nearly four years of litigation. Credit reporting agencies must be held accountable when they fail to take common-sense measures handling data that affects people’s livelihoods,” said Gibbs Mura partner and co-lead counsel for the class, David Berger.

About Gibbs Mura

Gibbs Mura, A Law Group is a nationwide leader in litigation involving the misuse of consumers’ sensitive data. Our award-winning attorneys have recovered billions of dollars for clients and prosecuted some of the largest privacy and consumer protection cases in the country. David Berger, partner, previously helped achieve a $1.5 billion with Equifax on behalf of 147 million consumers whose data was exposed in a data breach, the largest settlement of its kind in history. The firm’s lawyers have received numerous honors and awards, including “Top Class Action Attorneys Under 40,” “Consumer Protection MVP,” “Best Lawyers in America,” and “Top Cybersecurity/Privacy Attorneys Under 40.”

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