Hafetz & Associates $505K Data Breach Class Action Settlement
A $505,000 settlement has been reached in a class action lawsuit against Hafetz & Associates following a 2023 data breach affecting 31,590 individuals.Summary
Hafetz & Associates has agreed to a $505,000 settlement to resolve a class action lawsuit stemming from a data breach discovered in October 2023, which impacted approximately 31,590 individuals. The lawsuit alleged inadequate protection of personal information, including names, Social Security numbers, and financial details. Class members who received a notice regarding the breach are eligible to claim reimbursement for out-of-pocket expenses up to $10,000, a pro rata cash payment estimated at $50, or two years of single-bureau credit monitoring with $1,000,000 in identity theft insurance. The deadline to file a claim is January 22, 2026. The settlement fund will also cover administration costs, attorney’s fees (up to $168,316.50), expenses (up to $20,000), and a service award to the class representative (up to $5,000). Hafetz & Associates denies the allegations but settled to avoid further litigation.
(Source：Claim Depot)