$1.7M Panorama Eye Care Data Breach Settlement

If you were affected by the data security incident at Panorama Eye Care, you may be eligible to claim up to $5,000 from a class action settlement.

Panorama Eye Care, LLC has agreed to pay $1,700,000 to settle a class action lawsuit due to unauthorized access to their network, which potentially exposed sensitive information such as names, Social Security numbers, and financial details.

Who can file a claim?

To be eligible as a class member, you must have received a notification from Panorama Eye Care around June 5, 2024, indicating that your private information might have been compromised in the data security incident.

How much are the payouts?

Class members can claim compensation for:

• Documented Losses: Up to $5,000 for unreimbursed losses related to fraud or identity theft, fraudulent charges, tax filings, and other related costs.
• Pro Rata Cash Payment: Estimated at $125, subject to adjustment based on the number of valid claims.
• Credit Monitoring: Two years of credit monitoring with Experian, Equifax, and TransUnion, valued at $90 per year.

The settlement fund of $1,700,000 will first cover credit monitoring claims, then documented loss claims, and finally distribute any remaining funds for pro rata cash payments. If the number of claims exceeds the settlement fund, the payments will be adjusted proportionally.

How to file a claim

To claim an award, class members must complete and submit a claim form by March 24, 2025.

Claims can be filed online through the online claim form or by downloading the PDF claim form and mailing it to the settlement administrator.

Settlement administrator's mailing address: Tormaschy, et al., v. Panorama Eye Care Settlement, c/o Kroll Settlement Administration LLC, P.O. Box 225391, New York, NY 10150-5391

Claimants must provide reasonable documentation to support their claims for documented losses. This includes receipts or official documentation of losses incurred due to the data incident.

Claim instructions

To submit a claim, follow these steps:

1. Visit the settlement website and access the claim form.
2. Fill out the form with your personal information and details of your claim.
3. Attach any required documentation for documented losses.
4. Submit the form online or mail it to the settlement administrator.

Payment methods

Class members can receive their payments via:

• Check
• Direct deposit

$1.7 Million settlement fund

The settlement fund of $1,700,000 will cover:

• Documented loss claims up to $5,000 per claimant.
• Pro rata cash payments estimated at $125 per claimant.
• Credit monitoring services valued at $90 per year per claimant.
• Attorneys' fees and costs, settlement administration costs, and service awards.

Important dates

• Deadline to File a Claim: March 24, 2025
• Final Approval Hearing: April 1, 2025

When is the Panorama Eye Care Settlement payout date?

After the final approval hearing on April 1, 2025, the court will decide whether to approve the settlement. If approved and any appeals are resolved, payments will be distributed to class members who submitted valid claims.

Why is there a class action settlement?

The class action lawsuit was filed due to a data security incident where unauthorized access to Panorama Eye Care's network potentially exposed private information. The settlement was reached to avoid the cost and risk of further litigation.