Joy Cone Co. $300,000 Data Breach Settlement: Award Details

If you were notified by Joy Cone Co. about a data security incident in February 2023, you may be eligible to claim up to $4,500 from a class action settlement.

Joy Cone Co. has agreed to pay $300,000 to settle a class action lawsuit for alleged mishandling of personally identifiable information (PII) during a data security incident.

Who Can Claim an Award?

To be eligible for the settlement, you must be identified by Joy Cone Co. as someone whose PII was compromised in the data security incident that occurred in February 2023. This includes current and former employees whose names and Social Security numbers were potentially exposed.

What Awards Can I Claim?

The proposed settlement provides several benefits to class members:

• Documented Ordinary Loss Expense Reimbursement: Up to $500 per person for documented ordinary losses, including professional fees, credit monitoring costs, and miscellaneous expenses.
• Lost Time Reimbursement: Up to $80 per person for up to four hours of lost time spent dealing with the data security incident, calculated at $20 per hour.
• Documented Extraordinary Loss Reimbursement: Up to $4,500 per person for documented extraordinary losses stemming from fraud or identity theft caused by the data breach.
• Credit Monitoring: A free two-year membership to Experian, including 1-bureau credit monitoring, daily credit alerts, and $1 million in identity theft insurance.

The maximum amount to be paid by Joy Cone Co. for loss reimbursement and credit monitoring is capped at $300,000. If the total amount of valid claims exceeds this cap, payments will be reduced on a pro-rata basis.

Is Proof Required to Claim the Reward?

Yes, claimants need to provide proof to claim an award. This includes submitting a valid claim form with necessary supporting documentation for ordinary and extraordinary loss reimbursements.

• Documented Ordinary Loss Expense Reimbursement: Third-party documentation is required.
• Lost Time Reimbursement: An attestation that the time was spent responding to the data security incident.
• Documented Extraordinary Loss Reimbursement: Third-party documentation of the loss and proof that it was caused by the data breach.

How to Claim Your Award

To claim your award, you can submit a claim form online or by mail. Visit the online claim form to file a claim. Alternatively, you can mail your claim form to:

Joy Cone Claims Administrator

c/o Atticus Administration

PO Box 64053

Saint Paul, MN 55164

How do I Get Paid?

Once your claim is approved, you will receive your payment through the method specified in your claim form. This could be via check or direct deposit.

$300K Settlement Fund

The total settlement amount is $300,000. This fund will cover:

• Documented ordinary loss reimbursements up to $500 per person.
• Lost time reimbursements up to $80 per person.
• Documented extraordinary loss reimbursements up to $4,500 per person.
• Credit monitoring services for all class members.
• Attorneys' fees and expenses, capped at $115,000.
• A service award of up to $2,500 for the class representative.

Important Dates

• Deadline to File a Claim: October 23, 2024
• Final Approval Hearing: December 5, 2024

When will Awards be Paid?

Awards will be paid after the final approval hearing and once all claims have been processed.

What Happens Next?

The next steps include the final approval hearing on December 5, 2024. If the settlement is approved, claims will be processed, and awards will be distributed accordingly.