CLOSING ACT: Concert ticket goers can get cash back worth $7,200 from $3.25m data breach settlement – your state could get you more
According to The Sun, Some Americans may be eligible to receive distributions worth several thousand dollars due to a recent settlement involving a significant data breach. This opportunity arises from a class action lawsuit filed against See Tickets, a prominent ticket-selling service.
Background of the Lawsuit
Plaintiffs in the lawsuit allege that See Tickets, which sells over 20 million tickets annually, failed to safeguard customer information during a cyberattack in September 2023. According to information from the settlement website, hackers reportedly stole credit card information during this data breach. While See Tickets has not admitted any wrongdoing, the company has agreed to a settlement of $3.25 million to resolve the claims and avoid further legal expenses.
Eligibility and Filing a Claim
The See Tickets data breach settlement is available exclusively to consumers whose personal information was compromised during the September 2023 incident. Affected individuals should have already received a notice via mail or email that includes their Class Member ID, which is necessary to file an online claim through the settlement website.
To obtain compensation from the $3.25 million settlement, claimants must provide proof of their losses. Acceptable documentation may include bank statements, bills, receipts, credit reports, loan statements, tax forms, or any official documentation verifying transactions related to the data breach.
Claim forms must be submitted by October 20, 2024, for class members to qualify for a payout. It is important to note that the deadline for exclusions and objections has already passed, having been set for September 20.
Payment Structure
Disbursement amounts for eligible claimants will vary based on the documentation provided and whether they reside in California. All class members can claim up to $2,000 to reimburse out-of-pocket expenses incurred due to the data breach, which may include credit expenses, travel costs, bank fees, and interest on short-term loans.
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For those who experienced identity theft or fraud, an additional $5,000 is available, bringing the total potential payout to $7,000. All qualifying class members can also choose between three years of free credit monitoring services or an additional $100 payment.
California residents affected by the breach may receive an extra $100, although this amount may decrease depending on the total number of claims submitted. Consequently, the maximum potential payout for eligible claimants could reach $7,200.
Upcoming Approval Hearing
A final approval hearing for the See Tickets data breach settlement is scheduled for December 16, 2024. If approved, eligible class members can expect to see their funds distributed by early 2025.
