Davis et al v. Cinfed Federal Credit Union

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF OHIO WESTERN DIVISION
Case No. 1:23-CV-776

Welcome to the Settlement Website for the Davis et al v. Cinfed Federal Credit Union, Proposed Settlement

If You Were Subject to the Cinfed Federal Credit Union (“Cinfed”) Data Incident and Previously Received a Notice Letter Notifying You of the Incident, You Could be Eligible for a Payment from a Class Action Settlement

  • You may be eligible to receive a payment from a proposed $700,000 non-reversionary class action settlement (the “Settlement Fund”).

  • The class action lawsuit concerns a cyberattack experienced by Cinfed between September 22, 2023, until September 25, 2023, (the “Data Incident”) involving Cinfed in which it was determined that an unauthorized third party may have gained access to certain Cinfed files containing names, Social Security numbers, and financial information (collectively referred to in this Settlement as “Private Information”). Cinfed denies any wrongdoing and denies that it has any liability but has agreed to settle the lawsuit on a classwide basis.

  • To be eligible to make a claim, you must have received a notice letter of the Cinfed Data Breach that occurred between September 22, 2023, until September 25, 2023.

  • Eligible claimants under the Settlement Agreement will be eligible to receive the following Settlement benefits:

    • Pro-Rata Cash Payment: $65 cash payment from the Settlement Fund that will be increased or decreased pro rata depending on the amount remaining in the Settlement Fund after allocation of the Settlement Fund for reimbursement of documented Out-of-Pocket Expenses, attorneys’ fees and expenses, Service Awards, and Notice and Administrative Expenses; and/or,

    • Out-of-Pocket Expenses: Reimbursement for the actual amount of unreimbursed Out-of-Pocket Expenses or expenses up to $5,000, with supporting documentation of the monetary losses or expenses.

  • Please read the Notice carefully. Your legal rights will be affected, and you have a choice to make at this time.


  • SUMMARY OF YOUR LEGAL RIGHTS
    DEADLINE(S)
    SUBMIT A CLAIM FORM

    The only way to receive payment.

    Submitted or Postmarked on or Before January 08, 2025.

    EXCLUDE YOURSELF BY OPTING OUT OF THE CLASS

    Receive no payment. If you are a Class Member, you must exclude yourself from this class action settlement in order to retain your right to bring any other lawsuit against Defendant for the same claims.

    Submitted or Postmarked on or before December 10, 2024.

    OBJECT TO THE SETTLEMENT AND/OR ATTEND THE FAIRNESS HEARING

    You can write the Court about why you agree or disagree with the Settlement. The Court cannot order a different Settlement. You can also ask to speak to the Court at the Final Approval Hearing on February 11, 2025, at 11:00 a.m., about the fairness of the Settlement, with or without your own attorney.

    Received on or before December 10, 2024.

    DO NOTHING

    Receive no payment. Give up rights if you are a Class Member.

    N/A


  • Your rights and options as a Class Member – and the deadlines to exercise your rights – are explained in the Notice.

  • The Court still will have to decide whether to approve the Settlement. Payments to Class Members will be made if the Court approves the Settlement and after any possible appeals are resolved.

Upcoming Important Dates

Notification Mailing

10/10/2024

Objection Deadline

12/10/2024

Opt Out Deadline

12/10/2024

Claim Deadline

1/8/2025

Final Approval Hearing

2/11/2025