Could your receipt unlock up to $5,000? Understanding the recent data breach settlement
By
Aubrey Razon
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Data breaches are becoming more common, but there may be a hidden benefit for those affected. A new settlement could mean a significant payout for eligible individuals.
Could you be entitled to a cash claim?
In 2023, Berry, Dunn, McNeil & Parker, alongside Reliable Networks, experienced a data breach that left customers' private information vulnerable to unauthorized access.
The implications of such breaches are far-reaching, potentially exposing individuals to fraud and identity theft.
While the companies have not admitted to any wrongdoing, they have agreed to a $7.25 million settlement to compensate those affected.
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The breach was discovered on September 14, 2023, and if you were a customer at that time, you might be in line for compensation.
Eligibility extends to those who received a notification that their data may have been compromised. If you're among this group, you're entitled to take part in the settlement.
For those who can document financial losses directly tied to the breach, the settlement offers up to $5,000 in reimbursement.
These losses could include any expenses not covered by other means, such as identity theft or fraud.
To substantiate your claim, you'll need to provide evidence like credit reports or bank statements.
Even if you didn't suffer any out-of-pocket expenses, you're still in luck. All eligible class members are entitled to a baseline payment of $100.
However, this amount could fluctuate depending on the total number of claimants.
In addition to the monetary compensation, all eligible claimants will receive three years of complimentary credit monitoring services, providing an extra layer of security for your financial future.
To ensure you don't miss out on this opportunity, mark these important dates on your calendar:
If you believe you're eligible, it's time to act. Gather any relevant documents, such as the notification of the breach or any financial records that show losses incurred.
Submitting a claim is a straightforward process, but it's crucial to do so before the May 22 deadline.
At The GrayVine, we understand that navigating these legal waters can be daunting, especially when it involves your sensitive information.
We're here to remind you that you're not alone in this. Data breaches are a serious concern, and it's essential to hold companies accountable while protecting your own interests.
Have you been affected by this data breach or a similar one in the past? Do you have tips for others on how to manage the aftermath of a data breach?
Share your experiences and advice in the comments below. Your insights could be invaluable to fellow readers who are navigating this process for the first time.
Could you be entitled to a cash claim?
In 2023, Berry, Dunn, McNeil & Parker, alongside Reliable Networks, experienced a data breach that left customers' private information vulnerable to unauthorized access.
The implications of such breaches are far-reaching, potentially exposing individuals to fraud and identity theft.
While the companies have not admitted to any wrongdoing, they have agreed to a $7.25 million settlement to compensate those affected.
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Claimants must provide documentation of losses related to the data breach. Image source: Azamat E/Unsplash.
The breach was discovered on September 14, 2023, and if you were a customer at that time, you might be in line for compensation.
Eligibility extends to those who received a notification that their data may have been compromised. If you're among this group, you're entitled to take part in the settlement.
For those who can document financial losses directly tied to the breach, the settlement offers up to $5,000 in reimbursement.
These losses could include any expenses not covered by other means, such as identity theft or fraud.
To substantiate your claim, you'll need to provide evidence like credit reports or bank statements.
Even if you didn't suffer any out-of-pocket expenses, you're still in luck. All eligible class members are entitled to a baseline payment of $100.
However, this amount could fluctuate depending on the total number of claimants.
In addition to the monetary compensation, all eligible claimants will receive three years of complimentary credit monitoring services, providing an extra layer of security for your financial future.
To ensure you don't miss out on this opportunity, mark these important dates on your calendar:
MAY 7 | Deadline for exclusions or objections to the settlement. |
MAY 22 | Final day to submit a valid claim form to secure your compensation. |
JUNE 6 | The date set for the final approval hearing of the settlement case. |
If you believe you're eligible, it's time to act. Gather any relevant documents, such as the notification of the breach or any financial records that show losses incurred.
Submitting a claim is a straightforward process, but it's crucial to do so before the May 22 deadline.
At The GrayVine, we understand that navigating these legal waters can be daunting, especially when it involves your sensitive information.
We're here to remind you that you're not alone in this. Data breaches are a serious concern, and it's essential to hold companies accountable while protecting your own interests.
Key Takeaways
- Americans affected by a data breach involving Berry, Dunn, McNeil & Parker and Reliable Networks could receive up to $5,000.
- Eligible claimants need to have received a notification that their information may have been compromised.
- Claimants must provide documentation of losses related to the data breach to receive compensation.
- Important dates were given regarding exclusions, objections, and claim submissions, with a final approval hearing scheduled for June 6.
Share your experiences and advice in the comments below. Your insights could be invaluable to fellow readers who are navigating this process for the first time.