Claim Form Deadline: December 16, 2024
Payout: Up to $4,000
Proof Required: Yes
What is the Farmers Investment Co. Class Action About?
A class action settlement has been reached with Farmers Investment Company following a data breach that affected numerous individuals. In May 2022, unauthorized access to Farmers’ data system potentially exposed the personal information of customers and employees. While Farmers Investment has not admitted any wrongdoing, they have agreed to the terms of the settlement.
The class action lawsuit was filed to hold Farmers Investment accountable for not adequately protecting customer information, as the breach may have involved personally identifiable information (PII).
How Do I Qualify for a Payout?
You may be eligible for a payout if you received a notice regarding the data breach. This includes individuals whose personally identifiable information was potentially compromised due to the incident.
Potential Payout Amount
Settlement members may receive up to $400 for documented out-of-pocket expenses, up to $45 for lost time (three hours at $15 per hour), and up to $4,000 for documented extraordinary losses. Additionally, eligible individuals will receive two years of free credit monitoring services along with $1,000,000 in identity theft protection.
How to File a Claim
To be eligible for payment, you must submit a valid claim form online by December 16, 2024, or postmark it by that same date. You can submit a Claim Form through the settlement website or contact the administrator directly to request a mailed claim form.
Do I Need Proof to File a Claim?
Yes, you need to provide supporting documentation for any ordinary and extraordinary losses. For ordinary losses, this includes receipts for unreimbursed expenses such as bank fees, long-distance phone charges, and fees for credit reports or identity theft protection services.
For extraordinary losses, you may need to provide additional documentation proving that the loss is actual, documented, and unreimbursed, and that it was likely caused by the data breach incident at Farmers Investment Company (also known as FICO).
Claim Form Website: FicoDataSettlement.com
Please be aware that your claim form will be rejected if it contains fraudulent information. By submitting your information and your sworn statement of its accuracy, you are agreeing to do so under penalty of perjury. Submitting false information not only jeopardizes your claim but also affects others who are genuinely eligible for the settlement. If you are uncertain about your eligibility for this class action settlement, please visit the class action administrator’s website for more information. Note that NoProofClassActions.org participates in the Amazon affiliate advertising program, and this post may include affiliate links, which could result in us earning a commission if you make a purchase through those links.