Bassett Furniture Data Breach Class Action Settlement

If you were notified of a data breach involving Bassett Furniture in or around September 2023, you may be eligible to claim up to $10,000 from a class action settlement.

Bassett Furniture Industries, Inc. has agreed to pay $387,462 to settle a class action lawsuit for alleged unauthorized access to their former e-commerce website, which potentially compromised full names, addresses, and financial account information.

Who can file a claim?

To be a Settlement Class Member, you must have received a notice letter indicating that your private information was potentially compromised in the data breach that occurred between July 2021 and September 2023.

How much can class members get?

• Documented Ordinary Loss Payment: Up to $2,000 for documented ordinary losses related to the data breach.
• Compensation for Lost Time: Up to 10 hours at $30 per hour for time spent addressing issues related to the breach.
• Documented Extraordinary Loss Payment: Up to $10,000 for extraordinary losses directly linked to the breach.
• Credit Monitoring: Two years of one-bureau credit monitoring.
• Alternative Cash Payment: $250 for non-California residents and $400 for California residents, subject to pro rata adjustments.

If the total claims exceed the settlement fund, the amounts may be adjusted on a pro rata basis. For example, if 1,000 claims are made for the Alternative Cash Payment, and the remaining fund is $200,000, each claimant would receive $200.

How to file a claiom

Settlement Class Members must submit a claim form by February 28, 2025.

Claims can be filed online at file a claim online or by mailing a completed claim form, which can be downloaded as a PDF, to the Claims Administrator at:

Bassett Data Breach Settlement

c/o Claims Administrator

Attn: Claim Forms

1650 Arch Street, Suite 2210

Philadelphia, PA 19103

Claimants must provide documentation for ordinary and extraordinary losses, such as receipts or other evidence, to substantiate their claims. For lost time compensation, an attestation is sufficient.

• Documented Losses: Receipts or other documentation.
• Lost Time: Attestation of time spent.

Claim instructions

Follow these steps to submit your claim:

1. Visit the online claim form page.
2. Fill out your personal information, including your Notice ID.
3. Specify the type of claim you are making (ordinary loss, extraordinary loss, lost time, credit monitoring, or alternative cash payment).
4. Attach any required documentation for your claim type.
5. Submit the form online or print and mail it to the Claims Administrator.

Payment methods

• Venmo: Provide the mobile number associated with your Venmo account.
• Zelle: Provide the mobile number or email associated with your Zelle account.
• Physical Check: Payment will be mailed to the address provided in your claim form.

$387,462 Settlement fund

The settlement fund of $387,462 will cover various expenses related to the settlement:

• Documented Ordinary and Extraordinary Loss Payments.
• Compensation for Lost Time.
• Credit Monitoring Services.
• Alternative Cash Payments.
• Attorneys' fees and costs, not exceeding $129,154.
• Service award for the Class Representative, up to $4,000.

Important dates

• Deadline to File a Claim: February 28, 2025
• Final Approval Hearing: February 12, 2025

When is the Bassett Data Breach Settlement payout date?

Settlement benefits will be distributed after the final approval hearing on February 12, 2025, and once the settlement becomes final.

Understanding the Bassett Data Breach Settlement

The class action lawsuit arose from allegations that Bassett Furniture's former e-commerce platform, managed by a third party, was breached, compromising sensitive customer information. The settlement aims to compensate affected individuals and provide credit monitoring services to prevent future harm.