Millions of Americans who were impacted by various data breaches have a limited time to file claims and receive compensation. Multiple settlements, including those from companies such as Bassett Furniture and AUS Inc., offer affected individuals’ financial reimbursement for fraud, identity theft, and other related expenses. Eligible claimants could receive payments of up to $12,000 in some cases, with only minimal documentation required.
As deadlines approach, consumers are urged to check their eligibility and submit claims before the opportunity closes.
Who Is Eligible for Compensation?
Several data breach settlements allow victims to receive compensation for financial losses and personal time spent addressing security issues. These settlements provide varying levels of reimbursement, with some reaching as high as $12,000.
Among the most significant settlements available:
- Bassett Furniture Data Breach Settlement: Affected individuals can claim up to $12,000, with $2,000 available for general losses and up to $10,000 for extraordinary damages, such as identity theft. The claim deadline is February 28, 2024.
- AUS Inc. Data Breach Settlement: Individuals affected by this breach can receive up to $4,900, with the deadline set for February 25, 2024.
- Vi Senior Living Community Settlement: Compensation of up to $6,500 is available, with the filing deadline on February 3, 2024.
- Mulkay Cardiology Settlement: Claimants can receive up to $5,000, with a February 22, 2025 deadline.
- Ardagh Glass Settlement: Up to $11,000 is available, with claims due by November 27, 2024.
- Acrisure Data Breach Settlement: Those impacted can claim up to $4,000 by November 14, 2024.
- UnitedLex Settlement: Affected individuals can receive up to $15,500, with the deadline for filing set for November 12, 2024.
What You Need to File a Claim?
Most settlements require minimal documentation to qualify. Generally, affected individuals need to provide:
- Proof of financial losses (bank statements, fraud reports, or receipts for related expenses)
- Proof of time lost addressing the breach (calculated at a specified hourly rate)
- Affected individual’s personal details (such as name and address)
- A valid claim form, which can be accessed through official settlement websites
Some settlements also provide an option for a flat-rate payment if claimants do not have specific financial losses. In addition, many settlements include free credit monitoring services for affected individuals.
Why Are These Settlements Important?
Data breaches expose personal and financial information, leaving victims vulnerable to identity theft and fraud. These settlements provide a means for consumers to recover financial damages and secure their information against future threats.
According to the Federal Trade Commission (FTC), identity theft affected over 1.1 million Americans in 2023 alone. Many victims suffer financial losses due to fraudulent activity, making these settlements an essential source of relief.
How to Check Your Eligibility?
To determine if you are eligible for compensation, visit the official settlement website for each case or check legal resources like the National Consumer Law Center (www.nclc.org) and the Consumer Financial Protection Bureau (www.consumerfinance.gov).
For additional security and protection, the Identity Theft Resource Center (www.idtheftcenter.org) provides free assistance to victims of data breaches and identity fraud.
Upcoming Deadlines – Act Fast!
With multiple settlements nearing their deadlines, consumers must act quickly to file claims. Missing a deadline could result in losing the opportunity to receive compensation.
- February 3, 2024 – Vi Senior Living Community Settlement
- February 25, 2024 – AUS Inc. Settlement
- February 28, 2024 – Bassett Furniture Settlement
- November 12, 2024 – UnitedLex Settlement
- November 14, 2024 – Acrisure Settlement
- November 27, 2024 – Ardagh Glass Settlement
- December 9, 2024 – Injured Workers Pharmacy Settlement
- December 30, 2024 – Nucor Corporation Settlement
- February 12, 2025 – Nonstop Administration Settlement
- February 22, 2025 – Mulkay Cardiology Settlement
Final Thoughts
With the growing number of data breaches in recent years, settlements like these provide critical financial relief to affected individuals. If you believe your information was compromised in any of these incidents, it’s crucial to check eligibility and file a claim before the deadlines pass.
This article has been carefully fact-checked by our editorial team to ensure accuracy and eliminate any misleading information. We are committed to maintaining the highest standards of integrity in our content.
Premlata is a seasoned finance writer with a keen eye for unraveling complex global financial systems. From government benefits to energy rebates and recruitment trends, she empowers readers with actionable insights and clarity. When she’s not crafting impactful articles, you can find her sharing her expertise on LinkedIn or connecting via email at [email protected].