A major data breach involving Berry, Dunn, McNeil & Parker and Reliable Networks has led to a multi-million dollar settlement, giving affected individuals a chance to claim financial compensation.
What Happened?
In 2023, an unauthorized third party reportedly gained access to sensitive customer data due to alleged security shortcomings at the accounting and consulting firm. A lawsuit accused the company of failing to implement sufficient cybersecurity measures, potentially exposing individuals to fraud and identity theft.
While the company has not admitted liability, it has agreed to a $7.25 million settlement to resolve the claims.
Who Can File a Claim?
If you were notified that your personal information may have been compromised in the breach, you could be eligible for compensation. The breach was identified on September 14, 2023, and affected individuals can now submit claims.
How Much Can You Get?
Compensation amounts vary based on financial impact:
- Up to $5,000 for those who can provide documentation of losses related to the breach, such as fraudulent charges or identity theft expenses.
- A flat $100 payment for individuals who were affected but did not experience direct financial losses.
Claimants must submit proof of losses, which could include bank statements or credit reports.
Additionally, all eligible individuals will receive three years of free credit monitoring services as part of the settlement.
Key Deadlines to Remember
- May 7, 2024 – Last day to request an exclusion or object to the settlement.
- May 22, 2024 – Final date to submit a claim form for compensation.
- June 6, 2024 – The scheduled final approval hearing for the settlement.
Those affected should act quickly to ensure they receive their share of the settlement funds.
- Retail Giant Announces Closures of Unprofitable Store Locations - February 24, 2025
- Well-Known Cannabis Brand Files for Chapter 11 Amid Industry Challenges - February 24, 2025
- Rare Dimes Worth Up to $132K—Check Your Spare Change! - February 24, 2025