INCOMING CASH: Americans have final chance to score $5,000 from ‘undisclosed’ data breach settlement – you just need to submit a form

According to The Sun , A major class action lawsuit filed against Baer’s Furniture Co. has reached a settlement following a significant data breach in August 2022. If you were affected by this breach, you now have the opportunity to claim compensation and credit monitoring benefits—but you need to act quickly, as the claim deadline is December 16, 2024.

What Happened?

The lawsuit stemmed from a data breach at Baer’s Furniture Co., a Florida-based home furnishing retailer with 16 locations. The breach allegedly exposed personal information of both current and former employees, including names, addresses, Social Security numbers, and potentially medical details.

The lawsuit claims that Baer’s Furniture failed to adequately protect sensitive data and was negligent in safeguarding it. The breach was reportedly not detected until cybercriminals had already accessed the company’s network for an undisclosed period.

Who is Eligible?

While Baer’s Furniture has not admitted to any wrongdoing, the company has agreed to settle the class action lawsuit by providing compensation and benefits to eligible claimants.

To file a claim, you’ll need to complete a simple form on the official settlement website. If you received a notice, you’ll need to enter your notice ID number and last name. If you misplaced your notice, you can contact the settlement administrator for assistance.

The deadline for filing claims is December 16, 2024, so make sure to submit your claim before it passes.

What Can You Claim?

Victims of the data breach can claim the following benefits:

  • Up to $5,000 for unreimbursed losses related to identity theft or fraud caused by the breach.
  • Two years of free credit monitoring services.
  • Compensation for lost time related to dealing with the breach, up to $100 per person.
  • Alternatively, you can opt for a $50 cash payment instead of the above benefits.

If you are claiming unreimbursed losses, you must provide documentation showing actual expenses incurred after August 1, 2022.

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Important Dates

A final approval hearing for the settlement will take place on December 5, 2024. After the court grants approval and resolves any appeals or objections, payments and benefits will be distributed to eligible claimants.

Act Quickly!

The claim period ends on December 16, 2024, so don’t wait! Ensure you complete your claim form online or by mail before the deadline.

As data breaches become more common, settlements like this emphasize the importance of protecting sensitive personal information. Be sure to take advantage of the available benefits if you were affected.

Alton Walker

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