SONY CLASS ACTION UPDATE

Sony Corporation said Tuesday it will fully restore all PlayStation(R) Network services in the Americas, Europe/PAL territories and Asia, excluding Japan, Hong Kong, and South Korea, by the end of this week. Sony shut down its PlayStation Network in April after a security breach in its PlayStation Network and Qriocity services. At least 40 lawsuits have been filed in federal courts — including at least two this week — on behalf of millions of Sony PlayStation users, according to Westlaw data. The suits accuse Sony of failing to protect gamers’ personal data and credit card information from hackers. They’re saying that Sony breached the privacy of millions of customers and allowed hackers access to credit card information off the company’s servers. Sony has already said that around 102 million users were compromised during the recent hack, including credit card numbers, addresses, user names, and more. Sony has been criticized for not telling customers quickly enough last month that their personal data was compromised.