Receivables Performance Management Data Breach Settlement

If you were notified by Receivables Performance Management, LLC (RPM) regarding the April 2021 data incident, you may be eligible to claim compensation from a class action settlement.

RPM has agreed to pay $5.6 million to settle a class action lawsuit for allegedly failing to implement reasonable security measures to protect personal identifying information.

Who can file a claim?

To be part of the settlement class, you must have received a notification from RPM indicating that your personal information was or may have been compromised in the data incident.

How much can class members claim?

• Reimbursement for Attested Time: Up to four hours at $25 per hour, capped at $100.
• Out-of-Pocket Losses: No cap for claims related to identity theft, fraud, or other related expenses.
• Credit Monitoring Services: Three years of identity theft protection and monitoring.
• California Statutory Damages Payment: Estimated at $50.

If the total claims exceed the net settlement fund, payments may be reduced pro rata. For example, if the net settlement fund is $4,000,000 and approved claims total $5,000,000, each claim would be reduced by approximately 20% to fit within the fund.

What proof is required to file a claim?

Claimants need to provide proof of their losses.

Required documentation includes:

• Receipts or statements for out-of-pocket losses.
• Proof of purchase for credit monitoring services.

How to claim an award

To claim an award, submit a claim form online or download a claim form and mail it to the Settlement Administrator:

RPM Data Incident Settlement

c/o Kroll Settlement Administration LLC

PO Box 225391

New York, NY 10150-5391

Ensure your claim is submitted by the deadline of November 12, 2024.

Claim instructions

Follow these steps to submit your claim:

1. Gather necessary documentation for your claim.
2. Complete the claim form with accurate information.
3. Submit the form online or mail it to the provided address.

Payment methods

• Check
• Electronic payment (if submitted online)

How is the settlement fund distributed?

The settlement fund of $5,600,000 will cover:

• Notice and administrative expenses
• Court-approved litigation costs and expenses
• Service award payments for class representatives
• Settlement fund taxes and tax-related expenses
• Net settlement fund for class member claims

Important dates

• Deadline to File a Claim: November 12, 2024
• Final Approval Hearing: December 6, 2024

When is the RPM Data Incident Settlement payout date?

The court will hold a final approval hearing on December 6, 2024, to determine the fairness of the settlement. If approved, payments will be distributed to eligible class members.

Why is there a class action settlement?

The lawsuit alleges that RPM failed to implement adequate security measures, leading to a data breach affecting over 3 million people, exposing sensitive personal information. The settlement allows both parties to avoid the uncertainty and costs of ongoing litigation.