Cencora The Lash Group reach 40M settlement in data breach class action

pClass actions settlements delivered to your inboxppConsumers who received notice that their personal information was involved in the Cencora data security incident or believe their information was affected may be eligible to claim up to 5000 or a cash payment from a class action settlementppCencora Inc agreed to pay 40 million to resolve a class action lawsuit alleging it failed to adequately protect sensitive personal information that was compromised during a data breach disclosed in February 2024ppThe settlement also covers claims against The Lash Group LLC a Cencora affiliateppAccording to the settlement agreement eligible class members include anyone in the United States and its territories Puerto Rico US Virgin Islands American Samoa Guam and Northern Mariana Islands whose personal information was involved in the Cencora data security incident and who eitherppPersonal information that may have been compromised includes but is not limited toppClass members can claim one of two types of cash settlement benefits but not bothppClass members who have documented unreimbursed losses or expenses related to the data breach can claim up to 5000 per person To qualify they must provide reasonable documentation of losses or expenses incurred on or after Sept 1 2023 and up to the claims deadline ppThe documented loss payments fund has a total cap of 5 million for all payments If the total approved documented loss claims exceed 5 million each payment will be reduced proportionally pro rata For example if class members submit 10 million in valid claims each claimant would receive 50 of their approved amount 5000000 10000000 50ppClass members who do not have documented loss can claim a cash payment with no documentation required The amount depends on the number of approved claims and the remaining settlement fund after other payments are madeppCalifornia class members who submit approved claims for a cash fund payment will receive twice the amount paid to nonCalifornia class members to account for statutory damages under California lawppFor example if the net fund available for cash payments is 20 million and there are 100000 approved claims 10000 from California the calculation would allocate two shares per California claimant and one per nonCalifornia claimant The total number of shares would be 110000 10000 x 2 90000 x 1 Each share would be worth 18182 20000000 110000 California claimants would receive 36364 and nonCalifornia claimants would receive 18182ppTo claim a payout class members must submit a claim form either online or by mail The online and PDF claim forms will be accessible at the official settlement website cencoraincidentsettlementcom when the site goes liveppSettlement administrators mailing address Cencora Data Security Incident Settlement Administrator co Kroll Settlement Administration LLC PO Box 225391 New York NY 101505391ppIf a class members contact information changes after submitting a claim they must notify the settlement administrator to ensure they receive paymentppFor documented loss payments claimants must provide reasonable documentation of losses or expenses which includes but is not limited to credit card statements bank statements insurance statements invoices telephone records screen shots and receiptsppFor cash fund payments class members who do not need to provide documentation if they have a unique notice ID otherwise they must provide a signed certification attesting eligibilityppTo submit a claim follow these stepsppClass members can choose from several payment optionsppThe 40000000 settlement fund will cover all payments to class members attorneys fees and costs service awards to class representatives taxes escrow fees and administrative expensesppFund distributionppPayments will be made within 45 days after the effective date which is the first business day after court grants final approval of the settlement and any appeals are resolved This process may take several months after the final approval hearingppIn the best case scenario if no appeals are filed it will take approximately 306311 days from the preliminary approval order to payments beginningpppppp Event Timeline Day Count pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp pp ppppppThis settlement resolves allegations that Cencora and The Lash Group failed to adequately protect personal information resulting in a data breach The plaintiffs claim they suffered harm due to the unauthorized access of their sensitive datappCencora denies any wrongdoing but agreed to settle to avoid the risks costs and uncertainty of continued litigationppPharmaceutical companies former defendants ppOther customers of Cencora and The Lash Group ppFind any open class action settlementppClass actions settlements delivered to your inboxppThis browser does not support inline PDFs Please download the PDF to view it Download PDFpp96 of settlement funds go unclaimed Be part of the 4 by subscribing to the Claim Depot newsletter and never missing a settlementp