LoanCare $5.9M Data Breach Class Action Settlement

If you received a notice from LoanCare, LLC or Fidelity National Financial, Inc. that your personal information may have been compromised in a recent data breach, you may be eligible to submit a claim for up to $5,000 from a class action settlement.

LoanCare, LLC and Fidelity National Financial, Inc. have agreed to pay $5,900,000 to settle a class action lawsuit. The lawsuit alleged that the companies failed to adequately protect customer data, resulting in a cybersecurity incident on or about November 19, 2023. This incident may have exposed sensitive personal information, including names, addresses, Social Security numbers, and loan numbers.

Who is eligible to file a claim for a data breach payout?

You are a class member if:

You reside in the United States and received a data breach notice letter from LoanCare regarding a cybersecurity incident that occurred on or about November 19, 2023.

How much is the class action settlement payment?

Claimants have the following benefit options:

• Cash Payment A consists of Ordinary and Extraordinary Losses:
• Class members can submit for up to $1,500 in unreimbursed ordinary losses. Ordinary losses include credit monitoring costs, late fees, overdraft fees, unauthorized charges, and other costs directly related to the data breach.
• In addition to Ordinary Losses, you can also claim up to $5,000 in extraordinary losses. Extraordinary losses are documented monetary loss due to fraud or identity theft traceable to the incident and not already covered by an Ordinary Losses claim.

• Cash Payment B consists of a Flat Payment: Claimants that do not submit for Cash Payment A (Ordinary or Extraordinary Losses) can select a flat cash payment of $100.

• Identity Monitoring: All claimants may submit for three years of credit and identity monitoring services which include credit file monitoring, dark web scanning, identity fraud loss insurance (up to $1 million), access to fraud specialists, and identity theft restoration services.
• Class members that previously signed up for 24 months of monitoring offered by LoanCare will receive an additional year of services.

How to claim a data breach settlement payout

To receive a class action rebate, you must submit a claim form. Class members can file a claim online or print the PDF claim form to mail in your claim.

Claim forms must be submitted online or postmarked by June 4, 2025.

Settlement Administrator's mailing address: In Re: LoanCare Data Security Breach Litigation c/o Settlement Administrator 1650 Arch Street, Suite 2210 Philadelphia, PA 19103

Required proof and information

• Notice ID and Confirmation Code from official notice required to submit a claim online or by mail.
• Cash Payment A for Ordinary or Extraordinary Loss claims require supporting documentation:
• Bank or credit card statements
• Invoices or receipts for credit monitoring, attorney, or CPA services
• Police report or documents showing falsified tax returns or other identity theft or fraud related to the data incident

Payout options

• Electronic payment
• Check mailed to the address provided

$5.9 Million data breach settlement fund breakdown:

The breakdown of the $5,900,000 settlement fund is:

• Settlement administration costs: $350,000 or more
• Attorneys' fees and costs: Up to $1,966,470.66
• Credit and identity monitoring: Cost to be determined by the number of claims filed
• Payments to approved claimants: The remainder of the settlement funds

Important dates

• Deadline to file a claim: June 4, 2025
• Exclusion (opt-out) deadline: July 7, 2025
• Final approval hearing: September 4, 2025

When is the LoanCare data breach payout date?

The final hearing will take place on September 4, 2025. Payments will be issued to class members with valid claims after the court grants final approval and any appeals are resolved.

Why did this class action lawsuit and settlement happen?

This class action lawsuit was filed because of a cybersecurity incident that occurred on or about November 19, 2023, when unauthorized parties accessed certain systems within Fidelity National Financial’s network, potentially compromising sensitive customer information. Plaintiffs claimed that LoanCare and Fidelity National Financial failed to protect customer data, resulting in negligence, breach of implied contract, and breach of fiduciary duty.

The defendants deny any wrongdoing but agreed to settle the class action in order to avoid the cost of continuing litigation.

Sources

1. Class Notice
2. Settlement Website FAQ Page
3. Settlement Agreement