How can employees with insurance claim up to $7,500? Sequoia data breach settlement deadline, eligibility
Summary
A class action settlement has been reached regarding a data breach at Sequoia Benefits and Insurance that occurred between September 22 and October 6, 2022, exposing sensitive employee information, including Social Security numbers. Employees affected by the breach can submit claims for reimbursement of documented losses, potentially receiving up to $7,500. Claims without supporting documentation may be eligible for up to $75. California residents may receive an additional $150 due to state privacy laws. The deadline for claim submission is March 11, 2026, with payments expected after the final approval hearing on April 7, 2026. This settlement allows affected employees to collectively seek compensation without individual lawsuits, while also avoiding prolonged litigation for Sequoia.
(Source:The Economic Times)