Victims of a bank data breach are set to receive up to $3,000 each after a settlement was reached in a class action lawsuit.
According to the settlement administration portal, impacted customers at Arizona-based Evolve Bank & Trust who file a claim and provide documentary evidence of losses resulting from the data breach stand to receive up to $3,000.
A flat cash payment of $20 will also be available but claimants can only choose one or the other, not both.
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“In addition to selection one of the Cash Payment options, Settlement Class Members may elect one (1) year of monitoring that will provide the following benefits: Credit Monitoring, real-time alerts, and insurance coverage for up to $1,000,000 for identity theft.”
Claims must be filed by
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