Kaye-Smith Enterprises Inc. has agreed to a $2 million settlement to resolve a class action lawsuit stemming from a 2022 data breach. If you were impacted by this incident, you may be eligible for financial compensation or free credit monitoring. Here’s everything you need to know to file your claim before the deadline.
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The Background: What Happened in the Kaye-Smith Data Breach?
In June 2022, Kaye-Smith Enterprises—a marketing and data services company—discovered a data breach that compromised sensitive personal and business information. This included consumer data and financial information.
The class action lawsuit alleged that Kaye-Smith failed to adequately protect this sensitive information and delayed notifying affected parties. While the company has not admitted any wrongdoing, it has agreed to settle the case to provide relief to affected individuals and businesses.
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Who is Eligible for Compensation?
The settlement applies to:
- Individuals whose personal information was compromised in the June 2022 breach.
- Businesses that suffered financial losses related to the breach.
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What Benefits Are Available?
Eligible claimants can receive:
For Individuals:
- Tier 1 Reimbursement: Up to $2,500 for documented losses, including:
- Costs for credit monitoring or identity theft protection.
- Fraudulent charges or identity theft expenses.
- Up to five hours of lost time ($25/hour).
- Documented out-of-pocket expenses.
- Tier 2 Payment: A $500 flat payment for individuals who took any mitigating actions in response to the data breach.
All individual claimants will also receive 12 months of free credit monitoring from CyEx.
For Businesses:
- Businesses can claim reimbursement for data breach-related losses. The amount reimbursed will depend on the number of claims filed by consumers and the remaining settlement funds.
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Key Dates and Deadlines
- Exclusion Deadline: Dec. 2, 2024
- Objection Deadline: Dec. 26, 2024
- Claim Form Deadline: Dec. 26, 2024
- Final Approval Hearing: Jan. 7, 2025
How to File a Claim
To submit a claim, visit the settlement website: KayeSmithSettlement.com.
You will need documentation, such as:
- Receipts for identity theft-related expenses.
- Credit card or bank statements showing fraudulent activity.
- Invoices for services related to mitigating the breach.
Why This Settlement Matters
Beyond monetary relief, Kaye-Smith Enterprises has committed to enhancing its cybersecurity practices to prevent future breaches. This includes adopting stricter data protection measures to safeguard sensitive consumer and business information.
Legal Details and Contact Information
- Case Name: Smith, et al. v. Kaye-Smith Enterprises Inc., Case No. 3:22-cv-01499-AR, U.S. District Court for the District of Oregon.
- Settlement Administrator Contact:
- Mail: Kaye-Smith Settlement Administrator, PO Box 2378, Portland, OR 97208-2378
- Email: [email protected]
- Phone: 877-203-8209
Class Counsel:
- Ari Brown, RHODES LEGAL GROUP PLLC
- Justin Baxter, BAXTER & BAXTER LLP
- John Heenan, HEENAN & COOK PLLC
Act quickly to ensure you don’t miss the Dec. 26, 2024, deadline to file your claim. This settlement offers an opportunity for affected individuals and businesses to recover losses while holding companies accountable for safeguarding sensitive information.
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