QUICK WORK: Taxpayers have three ways to claim one-time payments from $14.95 million filing settlement – but you must act fast
According to THE SUN, TaxAct, a popular tax filing service, will pay $14.95 million to users as part of a class action settlement over privacy violations. The lawsuit alleges that TaxAct shared user information with third parties, including Meta and Google, in violation of federal and state privacy laws.
TaxAct has denied any wrongdoing but has agreed to the settlement to resolve the claims.
Eligibility and Payments
To be eligible for a share of the settlement, clients must have used TaxAct between January 1, 2018, and December 31, 2022. If your spouse filed a joint return on your behalf, you may also qualify.
Most users are expected to receive payouts of approximately $18.65. However, California residents may be entitled to additional benefits due to state privacy laws.
In addition to monetary compensation, class members will receive a free TaxAct service for tax year 2024. Claims must be filed by September 11, either online or by mail. Note that individuals who previously filed an arbitration demand with TaxAct are excluded from this settlement.
Also Read: LAST CHANCE: Last days to claim from $115million Katz privacy settlement – Know Everthing
Acrisure Faces Settlement Over Data Breach
Breach Details
Acrisure, a finance technology and insurance brokerage company, has settled a lawsuit related to a data breach that occurred in 2022. The lawsuit claims that Acrisure failed to implement proper cybersecurity measures, compromising personal information and exposing consumers to financial risk.
While Acrisure denies any wrongdoing, the company has agreed to an undisclosed settlement amount to avoid further litigation.
Eligibility and Compensation
To be eligible for compensation, individuals must have received a notice indicating that their personal information was compromised in the breach.
Class members can claim up to $4,000 for financial losses related to identity theft or fraud caused by the breach. Additionally, claimants will receive $25 per hour for up to four hours of time lost due to the breach. The settlement also includes two years of credit monitoring and identity protection services.
The deadline to file a claim is October 15, and the final approval hearing for the settlement is scheduled for November 8.
Additional Settlements
- Another settlement offers payments of up to $7,200 from a $3.25 million fund.
- There is also an $850,000 settlement related to dry shampoo claims.
