Concord Music Group Data Class Action Settlement

If you were notified by Concord Music Group, Inc. ("Concord") about a cybersecurity incident involving your personal information, you may be eligible to claim up to $7,500 from a class action settlement.

Concord has agreed to pay a settlement to resolve a class action lawsuit alleging that the company failed to adequately protect customer data, resulting in a cybersecurity breach disclosed around February 1, 2024.

Who is eligible for a data breach payout?

You qualify to submit a claim if you received notice from Concord Music Group, Inc. that your personal information was potentially compromised in the cybersecurity incident disclosed around February 1, 2024.

How much is the class action settlement payment?

Class members can claim one or more of these benefits:

• Credit Monitoring Services: Three years of three-bureau credit monitoring with identity theft protection services and $1 million identity theft insurance.

• Ordinary Losses: You can claim up to $700 in reimbursement for documented out-of-pocket expenses incurred due to the cybersecurity incident. Eligible expenses include bank fees, fees paid for credit reports, credit monitoring, or identity theft insurance purchased between November 14, 2022, and March 5, 2025.

• Extraordinary Losses: Class members can submit for up to $7,500 in reimbursement for documented financial losses traceable to the data breach. This includes professional fees such as attorneys' fees, accountants' fees, and credit repair services incurred due to identity theft or fraudulent charges incurred.

• Lost Time: Claimants can submit for time spent addressing issues related to the data incident at a rate of $20 per hour for up to five hours, a total of $100.

• Cash Payment: You may submit to receive a cash payment of $70.

How to claim a data breach class action rebate

To receive a settlement payout, class members must submit a claim by the deadline of July 3, 2025. You can file a claim online or download a PDF claim form to print and mail to the settlement administrator.

Settlement Administrator's mailing address: Concord Music Group, Inc. Claims Administrator, P.O. Box 25226, Santa Ana, CA 92799.

Required proof and information

• Unique ID and PIN from notice required to submit a claim.
• Ordinary Losses claims require supporting documentation such as bill, receipts, invoices, and bank or credit card statements.
• Extraordinary Losses claims require proof such as a police report, invoices for professional services, and documentation showing fraudulent charges due to the cybersecurity incident.

Payout options

• PayPal
• Venmo
• Zelle
• Virtual Mastercard
• Physical check mailed to address provided

Data breach settlement fund breakdown

The class action settlement fund will include the following:

• Settlement administration costs: To be determined
• Attorneys' fees and expenses: Up to $200,000
• Service award to class representative: Up to $2,500
• Credit monitoring costs: Determined by the number of claims filed
• Payments to class members: Determined by the number of valid claims submitted

Important dates

• Final Approval Hearing: July 22, 2025
• Deadline to File a Claim: July 3, 2025

When is the Concord Music Group data breach settlement payout date?

The final hearing will take place on July 22, 2025. Payments to approved claimants will be issued after final approval is granted.

Why did Concord Music Group agree to settle this class action lawsuit?

Concord Music Group denies the allegations and all liability regarding the cybersecurity incident, however agreed to settle the lawsuit in order to avoid continuing litigation and associated risks.

Sources

1. Official Settlement Website
2. Class Notice
3. Settlement Website FAQ Page