In this article, you will learn about the Capital One Settlement, including the class action lawsuit payment date, how to appeal, and who is eligible. This settlement is compensation for a data breach that occurred in 2019. During this incident, a hacker accessed personal information related to Capital One credit card customers and applicants.
Capital One Settlement
On July 19, 2019, a hacker gained unauthorized access to the personal information of Capital One credit card customers and applicants. This breach exposed sensitive data, but the issue was promptly addressed by Capital One, and the FBI captured the hacker.
Now, Capital One is compensating affected individuals by depositing funds directly into their accounts. The Federal Government has ordered Capital One to refund approximately $140 million USD to about 2 million customers, along with additional penalty charges.
Class Action Lawsuit Payment Date
The payment dates for the class action lawsuit are set to begin on September 28, 2023. This lawsuit, filed against Amazon Web Services on behalf of Capital One, has resulted in a $190 million USD settlement fund. Participants need to check their payment status on the official settlement portal. The deadline to claim funds is November 27, 2023, after which payments will be processed within 2-4 weeks, with recipients receiving physical checks.
Who is Eligible?
Customers whose credit card data was compromised during the 2019 breach are eligible for this settlement. These individuals need to file a claim to receive their funds. Eligibility can be confirmed by checking the data Capital One holds. Eligible customers must complete and submit the required paperwork before the deadline to receive their settlement amount and any additional penalty payments.
How to Appeal?
Eligible individuals can appeal for the Capital One settlement by following these steps:
- Visit the Settlement Portal: Go to the class action settlement website.
- Enter Unique ID and PIN: Use the ID and PIN provided by Capital One via email.
- Fill Out the Form: Complete the form with relevant personal and claim information.
- Submit Supporting Documents: Attach necessary documents such as bank statements, invoices, and canceled checks.
- Claim Payment: Click on the “Claim Payment” button to submit your application.
After completing these steps, applicants will receive confirmation from the government. The authorities will verify the provided information, and once approved, the applicants will receive their settlement funds, including penalty charges.
The Capital One Settlement provides compensation for those affected by the 2019 data breach. Eligible customers must file their claims by November 27, 2023, to receive their funds. The process is straightforward, ensuring that affected individuals receive the compensation they deserve.
1. What was the cause of the Capital One data breach?
The breach was caused by a hacker who gained unauthorized access to Capital One’s credit card customer data in 2019.
2. How much is the settlement fund for the Capital One class action lawsuit?
The settlement fund is $190 million USD, with additional benefits for affected customers.
3. When will the payment process start?
The payment process starts on September 28, 2023, and the deadline to claim funds is November 27, 2023.
4. Who is eligible for the Capital One settlement?
Customers whose data was compromised in the 2019 breach are eligible for the settlement.
5. How can eligible individuals appeal for their settlement?
Eligible individuals can appeal by visiting the settlement portal, entering their unique ID and PIN, filling out the form, submitting supporting documents, and claiming their payment.
Where do I go to file?