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If you reside in the United States and your Social Security number was compromised in the Greylock McKinnon Associates, Inc. data breach that occurred around May 30, 2023, you may be eligible to submit a claim for up to $10,000 from a class action settlement.
Greylock McKinnon Associates, Inc. has agreed to pay $600,000 to resolve allegations of negligence, breach of third-party beneficiary contract, invasion of privacy, and violations of consumer protection laws in California and New Jersey. The class action lawsuit arose after a cybersecurity incident potentially exposed personal information, including names, Social Security numbers, Medicare Health Insurance Claim Numbers, medical information, and health insurance information.
Who is eligible for a data breach payment?
The settlement class is divided into two categories:
- Damages Settlement Class: Individuals in the United States whose Social Security numbers were compromised in the breach. Members of this class can file a claim for a cash payment.
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- Injunctive Relief Settlement Class: Individuals whose personal information (excluding Social Security numbers) was compromised. Members of this class cannot file claims for monetary compensation but will benefit from improved security measures implemented by Greylock McKinnon Associates.
How much is the class action settlement payout?
Class members can claim one or more of the following:
- Cash Payment A – Documented Losses: You can submit for up to $10,000 in unreimbursed financial expenses and losses directly linked to the data breach. Examples of eligible expenses include:
- Bank fees
- Professional fees (attorneys, accountants)
- Credit repair services, including freezing and unfreezing costs
- Identity theft insurance products (excluding those already provided by Greylock McKinnon Associates)
- Cash Payment B – Flat Cash Payment: In addition to documented losses, class members can select to receive a pro rata cash payment. The amount will be determined by the number of valid claims filed.
- Credit Monitoring: Class members can also select one year of free single-bureau credit monitoring services.
How to file a claim for a data breach payment
To receive a class action rebate, you must claim form by the June 9, 2025 deadline. You can file a claim online or print the PDF claim form and mail it to the settlement administrator.
Settlement Administrator's mailing address: Greylock McKinnon Data Breach Litigation Settlement Administrator, P.O. Box 2648, Portland, OR 97208-2648.
Required proof and information
Yes. documentation is required for certain claims:
- Unique ID and PIN from notice required to submit a claim:
- Cash Payment A - Documented Losses claims require supporting documentation showing your expenses and any unreimbursed financial losses, such as bank & credit card statements, invoices, or receipts showing payments for services.
Payout options
Class members can select from:
- Digital payment
- Paper check mailed to address provided
$600,000 settlement fund breakdown
The settlement fund covers the following expenses:
- Settlement administration costs: To be determined
- Attorneys' fees and expenses: Up to $199,980
- Service awards to class representatives: Up to $2,500 each
- Credit monitoring services costs: Determined by number of claims submitted
- Payments to approved claimants: Remaining settlement funds
Important dates
- Final Approval Hearing: July 9, 2025, at 2:00 p.m. EST
- Deadline to File a Claim: June 9, 2025
When is the Greylock McKinnon data breach settlement payout date?
The final hearing is scheduled for July 9, 2025. Payments to class members with valid claims will be issued after the court grants final approval to the settlement.
Why did Greylock McKinnon Associates settle the class action lawsuit?
Greylock McKinnon Associates denies any wrongdoing or liability regarding the 2023 cybersecurity incident. The company agreed to settle the lawsuit to avoid continued litigation and a possible trial.
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