You might be eligible for a sizable compensation from a $350 million settlement following a large data breach if you were a T-Mobile subscriber in August 2021.
Up to $25,000 in compensation might be awarded to impacted consumers who submitted claims before to the deadline; payments are scheduled to start in April 2025.
What took place? An explanation of the T-Mobile data breach
T-Mobile experienced a significant cybersecurity breach in August 2021 that revealed private client information, such as:
- Names and Addresses
- Birth dates
- ID numbers granted by the government
- A few Social Security numbers
The lawsuit claimed that T-Mobile had not put in place enough security measures to stop the hack, even though financial information was not exposed.
But instead of enduring drawn-out legal disputes, the business agreed to pay $350 million to settle the lawsuit and denied any wrongdoing.
Who is Eligible for Settlement?
In order to qualify for a payout, you need to have:
- started using T-Mobile on August 16, 2021.
Did the leak disclose your personal information?
- filed a legitimate claim by January 23, 2023.
- You are not entitled to reimbursement if you failed to submit a claim by the due date.
How Much Cash Is Available?
Whether or not you provide proof of damages with your claim form will determine how much you are paid.
- For documented expenses, up to $25,000.
If you provided evidence of monetary losses brought on by the breach, you might get up to $25,000. This comprises:
- Costs associated with fraud (such as identity theft)
- Costs of identity protection and credit monitoring
- Costs out of pocket, such as legal fees
- Lost time (up to twenty hours at a rate of $25 per hour)
- $25 to $100 for Unsupported Claims
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Even without supporting documents, you are still qualified for:
- For the majority of claimants, $25
- $100 for Californians (because of stricter rules protecting consumers).
When Are You Going to Get Paid?
- Start of Payouts: April 2025
- The money will be disbursed over the course of the month.
Depending on the option they chose while submitting their claim, claimants will either receive their money by check or direct deposit.
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Extra Advantages for Claimants
All qualified claimants will receive two years of free identity protection services from Pango, even if they don’t earn a sizable cash settlement. These services include:
TransUnion’s credit monitoring
$1 million in identity theft insurance for dark web monitoring of compromised personal information
Help with fraud resolution
Individuals who experienced identity theft as a result of the hack can also get their stolen data back by using specialized restoration services.
A Class-Action Settlement: What Is It?
A class-action lawsuit enables several individuals who are impacted by the same problem to bring a collective lawsuit against a business. These cases frequently result in settlements where the business consents to make restitution without acknowledging misconduct.
Typical causes of class-action lawsuits:
- Breach of data
- Fraud against consumers
- Deceptive advertising
- Environmental infractions
Claimants forfeit their ability to pursue additional legal action against T-Mobile for this particular occurrence by agreeing to a settlement award.
