Latest news with #TMobileSettlement
CNET
18-06-2025
- Business
- CNET
T-Mobile Data Breach Settlement Checks Are Arriving: Here's the Scoop
Checked your bank account lately? Is there an unexpected deposit from a company you don't recognize? It could be the money you're due from T-Mobile's 2022 class-action settlement. Those who qualify were told to expect settlement checks in April, but then that was moved till May. And now, in mid-June, as cited by Android Authority, Reddit users are saying they are seeing money in their bank accounts. Some are saying they received $56, but others are reporting amounts as high as $375. The account may come from T-Mobile Data Breach Settlement -- which you'd clearly understand -- or from Kroll Settlement Payouts. A representative for the settlement did not immediately respond to a request for comment. The settlement is the result of a class-action lawsuit filed against T-Mobile after a 2021 cyberattack exposed the personal data -- names, addresses and Social Security numbers -- of 76 million US customers. In 2022, T-Mobile agreed to a $350 million settlement to resolve claims that its negligence led to the data breach. It remains the second-largest data breach settlement in US history, following Equifax's $700 million settlement in 2019. How much will you get? If your data was exposed but you haven't already filed, it's too late to get in on the settlement. T-Mobile agreed to pay $350 million into a settlement fund that will be used to make cash payments for out-of-pocket losses and lost time, make cash payments, provide identity-defense services, provide restoration services, make payments to notify class members and administer the settlement, pay the class representatives who brought the suit, and pay attorney fees and costs. According to The Hill, payments might be smaller than $25 for some, as priority will go to those who can prove they suffered out-of-pocket losses. Those who lived in California at the time of the data breach are eligible for $100. And those who spent money at the time to recover or avoid identity theft or fraud -- like freezing their credit, spending money on credit monitoring services, incurring losses or were told to document their losses -- are eligible for up to $25,000, according to The Hill. Those who made a valid claim for identity-defense services will be sent information on how to activate those services. Monetary payments will be made in the manner each customer selected at the time they filed, which could mean a paper check will be mailed, or a digital deposit will be made. You can read the full documents for the lawsuit online.
Phone Arena
31-05-2025
- Business
- Phone Arena
T-Mobile settlement checks now going out and they appear to exceed expectations
After months of waiting, T-Mobile is finally sending out payments to its users affected by the 2021 data breach. In February, it was reported that the settlement checks would start going out soon, with an update on the settlement website pegging April as the target month. The website later said that the payment was delayed until May. In 2021, a cyberattack exposed the personal information of 76 million T-Mobile customers in the US. T-Mobile agreed to pay $350 million to settle a claim against it by customers for not adequately protecting sensitive information. It looks like notice of payments are now being sent to T-Mobile users affected by the breach. Some users have received a Virtual Prepaid Mastercard while others have had direct deposits into their Zelle accounts. The mode of payment depends on the payment option you chose. —rruhrruh, Reddit user, May 2025 —Iluvorlando407, Reddit user, May 2025 —lerriuqS_terceS, Reddit user, May 2025 Some customers aren't sure if the emails about the payments are legitimate, but according to the settlement website, the distribution of payments has indeed started. The website notes that the payments will be sent out over the following several weeks. — T-Mobile settlement website Customers who spent money to mitigate the impact of the breach were promised up to $25,000, while others were told to expect $25, or $100 if they lived in California on August 1, not clear how much each user has received, but two user say they got $56.54, which is more than $25 promised. This might be because there were fewer claims than expected. Of course, $56.54 isn't a huge amount, but it's important to remember that the $350 settlement fund will also be used for other expenses such as paying attorney's fees and providing identity defense services. Besides, the settlement payments aren't necessarily so much about compensating customers for what they went through as they are about serving as a statement about holding huge corporations accountable for their inactions and oversights. Switch to Total 5G+ Unlimited 3-Month plan or Total 5G Unlimited and get a free iPhone. We may earn a commission if you make a purchase Buy at Total Wireless
