Americans Could Receive Up to $5,000 in IT Data Breach Settlement – Here’s How to Claim Your Share

Millions of Americans may be eligible to receive up to $5,000 as part of a major data breach settlement. If you were affected by the 2023 cyberattack on Berry, Dunn, McNeil & Parker, and Reliable Networks, you may be entitled to compensation. Best of all, you only need one key document to file your claim.

What Led to the IT Data Breach Settlement?

In September 2023, accounting and consulting firm Berry, Dunn, McNeil & Parker, along with Reliable Networks, suffered a significant data breach. A lawsuit claimed that the company failed to implement adequate cybersecurity measures, allowing unauthorized third parties to access sensitive customer data.

While the company has not admitted to any wrongdoing, it has agreed to a $7.25 million settlement to resolve the claims. The breach allegedly exposed personal information, putting affected customers at risk of identity theft and fraud.

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Who Is Eligible to Receive Compensation?

If your personal information was compromised during the breach, you may be eligible to file a claim. You qualify if:

• You were notified by Berry, Dunn, McNeil & Parker, or Reliable Networks that your data was exposed.
• Your sensitive information was accessed during the breach period.

How Much Money Can You Get?

Compensation amounts vary depending on the financial impact of the breach on each claimant:

1. Up to $5,000 for Documented Losses

If you experienced financial losses directly related to the breach, you can claim up to $5,000. Eligible expenses may include:

• Identity theft-related losses
• Fraudulent transactions
• Fees for credit monitoring services
• Unreimbursed expenses due to fraudulent activity

To receive the full payout, you must submit supporting documents such as credit reports, bank statements, or receipts of incurred losses.

2. A Flat $100 Payment for Those Without Losses

Even if you did not experience out-of-pocket losses, you can still receive a $100 payment. However, this amount may fluctuate depending on the total number of claims submitted.

3. Free Credit Monitoring Services

All eligible claimants will receive three years of credit monitoring services to protect against potential future identity theft.

Key Deadlines to Remember

To ensure you receive your share of the settlement, keep these important dates in mind:

• May 7, 2025: Deadline to file an exclusion or objection to the settlement.
• May 22, 2025: Last day to submit a valid claim form.
• June 6, 2025: Final court hearing for settlement approval.

How to File Your Claim

If you believe you are eligible, visit the official settlement website to submit your claim form before the May 22 deadline. Be sure to include all necessary documentation to maximize your compensation.

With millions of dollars set aside for victims of this data breach, don’t miss your chance to claim what you’re owed. Act now to secure your payment and safeguard your financial future!