You might receive $12,000 because of your furniture–Here’s how!
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Attention, friends of The GrayVine! If you've ever shopped at this store, you might be entitled to a substantial sum of money due to a recent data breach settlement.
Time is of the essence, as the deadline to stake your claim is rapidly approaching. Let's dive into the details so you can understand how to potentially receive up to $12,000 with just one simple document.
Bassett Furniture, a well-known furniture company based in Virginia, experienced a data breach between July 2021 and September 2023.
During this period, an unauthorized party gained access to the company's former e-commerce website, compromising sensitive information such as names, financial data, and addresses.
While Bassett Furniture has not admitted to any wrongdoing, they have agreed to create a settlement fund to compensate those affected by the breach.
This is a common practice in class action lawsuits, allowing companies to resolve claims without lengthy court proceedings.
To be eligible for a claim, you must have received a notice letter from Bassett Furniture informing you that your data was potentially compromised during the breach.
These letters are typically sent to the addresses or emails the company has on file for affected customers.
The settlement offers various compensation options for class members:
1. Documented Losses: You could claim up to $2,000 for documented losses directly related to the breach. This includes unreimbursed fraud, banking charges, or professional fees. To claim this amount, you'll need to provide evidence such as receipts, bank statements, or credit reports.
2. Lost Time: If you spent time dealing with the breach's aftermath, you could be compensated at a rate of $30 for up to 10 hours of your time.
3. Extraordinary Losses: For more severe cases, such as significant unreimbursed fraud or identity theft, you could claim up to $10,000. This requires more substantial proof of the impact the breach had on your life.
In addition to monetary compensation, eligible class action members will receive two years of free credit monitoring services to help protect against future identity theft or fraud.
The clock is ticking, and it's crucial to act quickly. The deadline to sign up for the settlement is February 28. Missing this deadline means forfeiting your right to any compensation from this settlement.
The final approval hearing for the case is scheduled for February 10, which will determine the outcome of the settlement and the distribution of funds to claimants.
To make a claim, you'll need to fill out the appropriate forms and gather any necessary documentation. This process can often be completed online through the settlement's official website or by requesting a paper claim form.
Also read: You could be eligible for $5,000 cash–Find out how with just one simple requirement!
Have you been affected by a data breach before? Do you have tips for others on how to navigate the claims process? Share your experiences and advice in the comments below!
Time is of the essence, as the deadline to stake your claim is rapidly approaching. Let's dive into the details so you can understand how to potentially receive up to $12,000 with just one simple document.
Bassett Furniture, a well-known furniture company based in Virginia, experienced a data breach between July 2021 and September 2023.
During this period, an unauthorized party gained access to the company's former e-commerce website, compromising sensitive information such as names, financial data, and addresses.
While Bassett Furniture has not admitted to any wrongdoing, they have agreed to create a settlement fund to compensate those affected by the breach.
Americans have the opportunity to claim a significant sum from a data breach settlement involving Bassett Furniture. Image source: StockSnap / Pixabay.
This is a common practice in class action lawsuits, allowing companies to resolve claims without lengthy court proceedings.
To be eligible for a claim, you must have received a notice letter from Bassett Furniture informing you that your data was potentially compromised during the breach.
These letters are typically sent to the addresses or emails the company has on file for affected customers.
The settlement offers various compensation options for class members:
1. Documented Losses: You could claim up to $2,000 for documented losses directly related to the breach. This includes unreimbursed fraud, banking charges, or professional fees. To claim this amount, you'll need to provide evidence such as receipts, bank statements, or credit reports.
2. Lost Time: If you spent time dealing with the breach's aftermath, you could be compensated at a rate of $30 for up to 10 hours of your time.
3. Extraordinary Losses: For more severe cases, such as significant unreimbursed fraud or identity theft, you could claim up to $10,000. This requires more substantial proof of the impact the breach had on your life.
In addition to monetary compensation, eligible class action members will receive two years of free credit monitoring services to help protect against future identity theft or fraud.
The clock is ticking, and it's crucial to act quickly. The deadline to sign up for the settlement is February 28. Missing this deadline means forfeiting your right to any compensation from this settlement.
The final approval hearing for the case is scheduled for February 10, which will determine the outcome of the settlement and the distribution of funds to claimants.
To make a claim, you'll need to fill out the appropriate forms and gather any necessary documentation. This process can often be completed online through the settlement's official website or by requesting a paper claim form.
Also read: You could be eligible for $5,000 cash–Find out how with just one simple requirement!
Have you been affected by a data breach before? Do you have tips for others on how to navigate the claims process? Share your experiences and advice in the comments below!
