Erickson Demel $400,000 Data Breach Settlement

If your personal information was impacted by the cybersecurity incident involving Erickson Demel & Associates in January 2023, you may be eligible to claim up to $5,000 from a class action settlement.

Erickson Demel & Associates has agreed to pay $400,000 to settle a class action lawsuit concerning alleged mishandling of personal information during this incident.

Who can file a claim?

To be eligible for this settlement, you must meet the following criteria:

• You reside in the United States.
• Your personal information was impacted by the cybersecurity incident in January 2023.

How much can class members get?

Class members can claim various awards based on their losses:

• Credit Monitoring Services: One year of credit monitoring and identity theft protection
• Ordinary Losses: Up to $350 per claimant for out-of-pocket expenses incurred due to the incident
• Lost Time: Reimbursement at $25 per hour, up to 4 hours, for time spent dealing with the incident
• Extraordinary Losses: Up to $5,000 per claimant for documented, unreimbursed monetary losses directly caused by the incident

If the total claims exceed $400,000, payments will be prorated. For example, if the total valid claims amount to $500,000, each claimant would receive 80% of their calculated award to stay within the cap.

Proof needed to submit a claim

• Ordinary Losses: Documentation such as receipts or statements.
• Lost Time: An attestation for the time spent.
• Extraordinary Losses: Documentation showing unreimbursed monetary loss.

How to claim an award

To claim an award, you can file a claim online or download the PDF claim form and mail it to the settlement administrator:

Erickson Demel Security Incident Settlement Administrator

PO Box 25226

Santa Ana, CA 92799

Ensure your claim is submitted or postmarked by January 4, 2025.

Claim instructions

Follow these steps to submit your claim:

1. Gather required documentation for your claim type.
2. Complete the claim form online or by mail.
3. Submit the form by the deadline.

Payment methods

• PayPal
• Venmo
• Zelle
• MasterCard
• Paper Check

$400,000 Settlement fund

The settlement fund of $400,000 will cover:

• Credit monitoring services
• Ordinary and Extraordinary Loss claims
• Lost Time claims
• Settlement administration fees
• Attorneys' fees and costs
• Plaintiff's service award

Important dates

• Deadline to File a Claim: January 4, 2025
• Final Approval Hearing: February 20, 2025

When is the Erickson Demel Settlement payout date?

The court will hold a final approval hearing on February 20, 2025. If approved, payments will be processed after any appeals are resolved.

Why was there a class action settlement?

The lawsuit was filed due to a cybersecurity incident that allegedly exposed personal information. Erickson Demel denies wrongdoing but agreed to settle to avoid the costs and risks of litigation.