Americans can claim $1,200 payment from $9.75 million credit settlement – but you need to fall into one of two groups | 0468PF1 | 2024-05-02 17:08:01
Americans can claim $1,200 payment from $9.75 million credit settlement – but you need to fall into one of two groups | 0468PF1 | 2024-05-02 17:08:01
HOME security company Vivint is paying out $9.75 million to settle claims it used customer data to create fake accounts.
A class action lawsuit alleged the company accessed customers' credit information and created accounts without their authorization.
Some of those individuals, the suit continues, were met with collection claims against those alleged false accounts.
This may have violated the Fair Credit Reporting Act.
The company, which makes home security cameras, admitted no wrongdoing.
Court filings say the settlement "does not imply that there has been, or would be, any finding that Vivint violated the law."
To avoid the costs of more litigation, the company agreed to pay up.
The deadline to file a claim is June 7, 2024, according to the settlement website.
WHO QUALIFIES?
Despite not admitting any wrongdoing, Vivint will pay all customers whose credit information was used to make accounts without consent.
These individuals make up the "settlement class."
The amount you qualify varies depending on whether Vivint tried to collect on those accounts.
If Vivint did not collect on accounts, but simply used credit info to create an account in your name, you qualify for $250 for each account the company created.
<!-- End of Brightcove Player --> If Vivint did try to collect, you're entitled to $1,200 for each account they tried collecting from.
The settlement applies to those impacted between January 1, 2016 and January 16, 2024.
Some class members may have received emails or letters with more information.
If you have not been contacted and believe they may be a part of the settlement class, more information is available on the settlement website.
The deadline to object or exclude yourself from the settlement passed in April.
MORE CLASS ACTIONS
Misused or poorly protected information is a common way companies land in class action settlements.
<p class="article__content--intro"> Class action lawsuits offer groups of people, or 'classes,' a way to band together in court. </p> </div> </div> Medical company Med-Data is paying out thousands after an employee allegedly shared patient information on Github.
Each person impacted could get up to $5,000.
A North Carolina class action filing alleged Novant Health shared sensitive information.
That settlement is paying $6.66 million.
Some Americans could score $275 from a "shared information" settlement.
Another data breach case is paying over $3,000.
More >> https://ift.tt/jSDGA0s Source: MAG NEWS
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