If you’re a Pinnacle Propane current or former employee, you’ll be eligible for up to $2,000 in compensation based on a class action settlement as a result of a data breach that occurred on December 2022. It is a situation to rectify the leak of sensitive personal information, including name, address, and social security number.
Data Breach and its Intensity
Data breach is that condition when an organization’s secret information is acquired by unauthorized persons. This could lead to grave consequences in terms of identity theft, financial fraud, and emotional stress. Pinnacle Propane has filed a class action settlement in case data breach occurs for damages to its customers.
What is there in the settlement?
This settlement has provided various compensations for affected employees:
- Dollar-for-dollar Compensation
- Actual Costs: If you can provide evidence that you incurred actual costs for credit monitoring, any fraudulent charges or any time you lost for the breach, then you are entitled to compensation of up to the amount of $2,000.
- Lost Hours: You will also be paid up to the amount of $240, multiplied by $40 per hour that you lost in hours due to the breach.
- Credit Monitoring and Identity Protection
- Eligible individuals will be provided up to three years of credit monitoring services, identity restoration assistance, and identity theft insurance up to $1 million.
- Alternative Cash Payment
- If you have no documentation of expenses, you can receive a flat cash payment of $100.
Why is credit monitoring important?
Credit monitoring allows you to identify fraudulent activity early and protect your identity. Up to three years of credit monitoring ensures you are protected for a longer period of time.
How to claim?
- Check your eligibility:
If you were an employee of Pinnacle Propane at the time of the breach in December 2022 and were notified of the breach in June 2023, you are eligible. - Gather required documents:
- Gather documentation for credit monitoring services, bank fees, fraud transactions.
- Complete a claim form:
Go to PinnaclePropaneDataSettlement.com and complete the claim form. There is an option to submit it online or through the mail. - Submit the claim:
Online: Upload the form and supporting documents on the website.
By mail: Mail the form and supporting documents. - Final Approval:
Final Hearing Date : December 19, 2024
Settlement Approval : If the settlement is approved, the qualified claimants will be granted the appropriate benefit.
Legal effect of data breach
A class action settlement raises awareness of how companies are liable and must have data security policies. It made companies aware that they would have to update their security systems in place and remediate the individuals affected through compensation.
Frequently Asked Questions:
Q.What is a class action settlement?
A.It is a way in which affected individuals receive collective compensation for the same problem.
Q.How do I know if I am eligible?
A.If you were notified of the breach, you are eligible.
Q.Do I need any proof to make a claim?
A.Yes, proof is required for documentary compensation, but proof is not required for the optional cash payment of $100.
Q.When will I receive compensation?
A.A copy of the cheque payment will be presented after final hearing, and such final hearing shall be placed on 19 December 2024.
Q.If I miss my deadline?
A.In case, the claim isn’t sent prior to 13 December 2024, the right to seek compensation will expire.
Related posts:
$12,000 Stimulus Eligibility in 2025 – Know How Your Family Size Impacts Your Benefits
February 2025 SNAP Benefits Surge: $100 Extra – Who’s Eligible?
Are $2400 Stimulus Checks Coming in 2025? Everything You Need to Know About the Latest Dates
Don’t Miss Out: February 2025 Social Security Payment Dates Are Here