AMERICANS could receive up to $4,500 from a data breach settlement involving an ice cream company.
The settlement benefits employees of Joy Cone, an ice cream cone and cup company.
Current and former employees of Joy Cone could be eligible to receive up to $4,500 in a data breach settlement (stock image)[/caption]
The class action lawsuit claims that Joy Cone failed to protect current and former employees from a February 2023 cyberattack.
The data breach allegedly compromised names, Social Security numbers, and other personal information of employees.
The ice cream company hasn’t admitted any wrongdoing but has agreed to pay an undisclosed sum to resolve the lawsuit.
Under the terms of the settlement, class members can receive up to $500 in reimbursement for bank fees, professional fees, credit expenses, and communication charges.
Individuals can also receive up to four hours of lost time, which is compensated at $20 an hour.
Those who can prove they experienced extraordinary losses due to the data breach – such as damages from fraud or identity theft – can receive up to $4,500 in reimbursement.
DEADLINES
The deadline for exclusion and objection is fast approaching.
It is on September 23, 2024.
Class members must file a valid claim by October 23, 2024.
At the moment, the final settlement approval hearing is scheduled for December 5, 2024.
Class members must have evidence to support their claim, including bank statements, invoices, receipts, tax returns, and claims.
PAYOUTS
Americans may be eligible to receive payment from several other class action settlements that are currently ongoing.
Customers of SmileDirectClub, a teledentistry company, may be eligible to receive a $300 coupon from an overcharging settlement.
The creator of Invisalign teeth aligners, Align Technology, allegedly entered an illegal antitrust conspiracy that hiked the prices of rival SmileDirectClub’s aligners.
Meanwhile, some individuals impacted by Bosch’s $2 million home appliance settlement may be eligible to receive payments of up to $400.
The company has been sued for defective microwave and oven appliances.
What’s a class-action settlement?
Class action lawsuits offer groups of people, or ‘classes,’ a way to band together in court.
These suits are often brought by one or a few people who allege a company or other entity has wronged a large group of people.
When a suit becomes a class action, it extends to all “class members,” or people who may have similar complaints to those who filed the suit.
Companies often settle class actions – offering payment to class members who typically waive their right to pursue further legal action by accepting money.
These payout agreements frequently include statements by the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.
Pollution, discrimination, or false advertising are a few examples of what can land a class action on a company’s doorstep.
Bosch has denied any wrongdoing but agreed to the multi-million dollar settlement to resolve the lawsuit.
And TD Bank customers could be eligible for a payment from a $32.225 million settlement over alleged illegal overdraft fees.
Current and former TD Bank customers with personal checking accounts who were charged a certain type of overdraft fee between June 2019 and September 2022 could be eligible for a payment.
Customers who do not wish to participate in the settlement have just over a week – until September 14 – to exclude themselves.
The final court approval hearing is set for October 10, 2024.
There are numerous other settlements taking place across the US at the moment (stock image)[/caption]
