DP Brokerage Data Breach Settlement: Claims & Payout Info

If you are a resident of the United States whose personal information was compromised in a cybersecurity incident involving DP Brokerage in December 2022, you may be eligible to claim compensation from a class action settlement.

DP Brokerage has agreed to pay $215,000 to settle a class action lawsuit regarding alleged mishandling of personal data during this incident.

Who can get a payout?

You are considered a class member if:

• You reside in the United States.
• Your personal information was impacted by the cybersecurity incident involving DP Brokerage in December 2022.

How Much Can Class Members Get?

Class members can claim various awards depending on their losses and preferences:

• Credit Monitoring Services: Two years of credit monitoring and identity theft protection.
• Unreimbursed Ordinary Losses: Up to $2,000 per claimant for documented losses.
• Lost Time: $20 per hour for up to 4 hours, totaling $80, subject to the $2,000 cap.
• Extraordinary Losses: Up to $5,000 per claimant for significant documented losses.
• Alternative Cash Payment: A $50 cash payment instead of other benefits.

What documentation is required to file a claim?

Claimants need to provide documentation for certain claims:

• Unreimbursed Ordinary Losses: Requires documentation of actual, unreimbursed monetary loss.
• Extraordinary Losses: Requires documentation of significant, unreimbursed monetary loss.

How to Claim an Award

To claim an award, you must submit a claim form. You can file a claim online or download the PDF claim form and mail it to:

DP Brokerage Settlement

Settlement Administrator

PO Box 25226

Santa Ana, CA 92799-9874

Payment Methods

• PayPal
• Venmo
• Zelle
• Paper Check via Mail

Settlement fund expenses

• Payments to class members for valid claims.
• Attorneys' fees and litigation costs up to $215,000.
• Service award for the class representative, not exceeding $3,500.

Important Dates

• Deadline to File a Claim: November 30, 2024
• Final Approval Hearing: February 18, 2025

When is the DP Brokerage Settlement Payout Date?

The final approval hearing is on February 18, 2025. If approved, payments will be processed after any appeals are resolved.

Why Is There a Class Action Settlement?

This settlement addresses claims that DP Brokerage mishandled personal data during a cybersecurity incident in December 2022. The parties settled to avoid the costs and risks of trial.