Green Valley Pecan Company Data Breach Settlement

If you received a notification from Farmers Investment Co. d/b/a Green Valley Pecan Company regarding a data security incident, you may be eligible to claim benefits from a class action settlement.

Farmers Investment Co. has agreed to settle a class action lawsuit due to unauthorized access to its data systems, which potentially compromised personally identifiable information (PII) of individuals.

Who are the class members?

• Those who received a notification from Farmers Investment Co. about the data incident.
• Those who's PII was potentially compromised during the incident in May 2022.

How much can class members get?

• Reimbursement for Documented Ordinary Losses: Up to $400 for expenses such as bank fees, long-distance phone charges, and credit monitoring services.
• Lost Time Reimbursement: Up to $45 for three hours of lost time, calculated at $15 per hour.
• Reimbursement for Documented Extraordinary Losses: Up to $4,000 for proven monetary losses directly caused by the data incident.

For example, if you incurred $200 in bank fees and spent two hours dealing with the incident, you could claim $230 ($200 for fees + $30 for lost time).

Additionally, all class members are eligible for two years of free credit monitoring services with $1,000,000 in identity theft protection upon submission of a valid claim form.

Proof required to submit a claim

• Documented Ordinary Loss Reimbursement: Requires submission of supporting documentation.
• Lost Time Reimbursement: Requires a brief description of activities and time spent.
• Documented Extraordinary Loss Reimbursement: Requires proof of actual monetary loss.

How to claim an award

To claim an award, class members must submit a claim form. Claims can be filed online through the online claim form or by mailing the completed form to the Claims Administrator.

FICO Data Settlement

c/o Atticus Administration

PO Box 64053

Saint Paul, MN 55164

Ensure all required fields are completed and supporting documents are uploaded for online submissions. For mail submissions, include all necessary documentation and ensure the form is postmarked by the deadline.

Claim instructions

1. Visit the online claim form.
2. Fill out all required fields, including your contact information and claim details.
3. Attach supporting documents for expenses and losses.
4. Submit the form online or mail it to the Claims Administrator.

Payment methods

Class members can choose to receive their payment via:

• Check mailed to their address.
• Digital payment options like PayPal, Venmo, or Zelle.

Important dates

• Deadline to File a Claim: December 16, 2024
• Request for Exclusion Deadline: November 15, 2024
• Final Fairness Hearing: January 10, 2025

When is the Farmers Investment Co. data breach settlement payout date?

After the Final Fairness Hearing on January 10, 2025, if the settlement is approved, payments will be distributed to eligible class members after any appeals are resolved.

Why was there a class action settlement?

The class action lawsuit was filed due to unauthorized access to Farmers Investment Co.'s data systems, potentially compromising PII. The settlement avoids further litigation costs and provides compensation to affected individuals. Both parties agreed to settle to avoid the cost, disruption, and distraction of further litigation.