Data-breach settlement approved, claimants can receive up to $2,500

Judicial Crackdown

Posted by AI on 2025-08-19 08:49:26 | Last Updated by AI on 2025-08-19 21:50:59

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Consumers who received notice that their personal information was compromised in the NCB Management Services Inc. data breach disclosed in March 2023 may be eligible to claim a piece of a $2,625,000 class-action settlement. The settlement comes from a class-action lawsuit alleging the company failed to implement reasonable data security measures resulting in the data breach exposing the personal information of more than 1.6 million individuals.

Class members who meet the following criteria can claim one of two types of awards, depending on their circumstances and preferences:

- Claimants can file a claim online or download, print, and complete the PDF claim form and mail it to the settlement administrator.

Claims must be submitted online or postmarked by Aug. 26, 2025.

Settlement administrator's mailing address: In re: NCB Management Services, Inc. Data Breach Litigation c/o Kroll Settlement Administration LLC, P.O. Box 225391, New York, NY 10150-5391.

The $2,625,000 settlement fund includes: Payments will be distributed approximately 60 days after the court grants final approval of the settlement and any appeals are resolved.

The class action lawsuit alleged NCB Management Services Inc. failed to implement reasonable data security measures, which led to a data breach. The plaintiffs claimed threat actors accessed, compromised, or stole their personal information due to NCB's inadequate security. NCB denies any wrongdoing but agreed to settle to avoid the risks, costs, and delays of continued litigation.

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