In the wake of the Centerspace data breach, affected individuals have an opportunity to claim compensation ranging from $30 to $5,250.
Whether you’re looking for cash payments or identity theft protection, this guide will walk you through eligibility, the claim process, and critical deadlines.
$30 to $5,250 Centerspace Data Breach Settlement
The Centerspace data breach in November 2021 exposed sensitive personal information such as Social Security numbers, names, and bank details.
This resulted in a class-action lawsuit against the residential property management company, culminating in a settlement.
Key Details
| Aspect | Details |
|---|---|
| Settlement Amount | $30 to $5,250 per claimant |
| Eligibility | U.S. residents notified of the breach by Centerspace |
| Claim Options | Cash payments, credit monitoring, or compensation for documented losses |
| Deadline to File | November 26, 2024 |
| Final Approval Date | December 4, 2024 |
| Official Website | CenterspaceSettlement.com |
Eligible individuals should submit claims promptly to secure their share of the settlement and mitigate potential risks from the breach.
What Happened in the Centerspace Data Breach?
In a cyberattack on Centerspace’s systems, hackers gained access to personally identifiable information (PII), leaving thousands at risk of identity theft and fraud.
The settlement compensates victims while promoting steps to safeguard against further harm.
Why This Matters
Data breaches can lead to lasting consequences, including identity theft and financial fraud. The settlement allows victims to recover losses such as:
- Monitoring their credit reports.
- Recovering stolen funds.
- Covering additional security measures.
Who Can File a Claim?
You are eligible to file if:
- You received a notification: Centerspace informed affected individuals via mail or email.
- You are a U.S. resident: Only U.S.-based individuals qualify for the settlement.
Unsure if you’re eligible? Visit the official website to confirm.
Compensation Options
The settlement offers the following benefits:
- Cash Payments
- Flat Payment: $30 without documentation.
- Lost Time Compensation: Up to $75 (calculated at $18.75/hour for up to 4 hours).
- Ordinary Losses: Up to $525 for expenses like hiring protection services or replacing cards.
- Extraordinary Losses: Up to $5,250 for documented severe financial harm.
- Credit Monitoring and Identity Theft Protection
- Two years of credit monitoring.
- Identity theft insurance of up to $1 million.
How to File a Claim
Follow these steps to ensure a smooth claim process:
Step 1: Gather Required Information
Locate the notification letter or email with your Claim ID and PIN.
Step 2: Visit the Settlement Website
Go to CenterspaceSettlement.com.
Step 3: Log In or Access the Claim Form
Use your Claim ID and PIN. If unavailable, contact the Settlement Administrator.
Step 4: Select Compensation Type
Choose between cash payment or credit monitoring services.
Step 5: Complete the Claim Form
Provide personal details and upload supporting documents for loss claims.
Step 6: Submit Your Claim
- Online: Upload directly on the website.
- By Mail: Send the form to:
Centerspace Settlement c/o Settlement Administrator
PO Box 25226
Santa Ana, CA 92799
Key Deadlines
- Claim Submission: November 26, 2024.
- Final Approval Hearing: December 4, 2024.
Payments will be distributed after court approval and resolution of appeals.
- Document Thoroughly: Retain evidence like receipts and bank statements.
- Submit Early: Avoid delays by filing ahead of the deadline.
- Check Details: Ensure accuracy in your personal information.
If you’ve been affected by this breach, act now to claim your compensation and protect your financial security.
