Settlement Open for Claims
Award:
$100 – $5,000
Deadline:
June 4, 2025
LoanCare, LLC and Fidelity National Financial, Inc. have agreed to a $5.9 million settlement to resolve a class action lawsuit stemming from a data breach that may have exposed the personal information of thousands of individuals.
If you received a notice from either LoanCare or Fidelity National Financial informing you that your data may have been compromised in a cybersecurity incident around November 19, 2023, you may be eligible to claim compensation of up to $5,000.
Who Qualifies?
You are eligible to participate in the settlement if:
- You reside in the United States, and
- You received a data breach notification letter from LoanCare related to the November 2023 cybersecurity incident
Available Settlement Benefits
Cash Payment A – Reimbursement for Losses
Eligible class members may claim:
- Up to $1,500 for Ordinary Losses, including:
- Credit monitoring expenses
- Overdraft or late fees
- Unauthorized charges
- Other documented out-of-pocket costs due to the breach
- Up to $5,000 for Extraordinary Losses, such as:
- Identity theft-related financial losses
- Fraud-related costs that exceed ordinary loss limits
- These claims must include clear documentation and be directly linked to the data breach
Cash Payment B – Flat Rate
If you do not submit a claim for specific losses, you may instead request a flat cash payment of $100.
Credit Monitoring Services
All class members can opt for three years of credit and identity monitoring, including:
- Credit file monitoring
- Dark web monitoring
- $1 million in identity fraud insurance
- Access to fraud resolution services
Those who previously enrolled in LoanCare’s 24-month protection offer will receive an extra 12 months of monitoring.
How to File a Claim
- Submit a claim online or by mail
- Deadline: June 4, 2025
Mailing address for paper claim forms: In Re: LoanCare Data Security Breach Litigation
c/o Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
You’ll need your Notice ID and Confirmation Code from the breach notification to file a claim.
Required Documentation (if claiming Cash Payment A)
- Bank or credit card statements
- Receipts for credit monitoring, legal, or accounting services
- Police reports or fraud-related correspondence
How Will You Be Paid?
Class members can choose to receive:
- Electronic payment, or
- A paper check mailed to the address provided
Settlement Fund Allocation ($5.9 Million Total)
- Settlement administration costs: $350,000+
- Attorneys’ fees and expenses: Up to $1,966,470.66
- Credit/identity monitoring costs: Based on the number of claimants
- Remaining funds: Distributed to approved claimants
Key Deadlines
- Claim submission deadline: June 4, 2025
- Exclusion (opt-out) deadline: July 7, 2025
- Final approval hearing: September 4, 2025
When Will Payments Be Made?
Payments will be sent out after the court grants final approval of the settlement and any appeals are resolved. The final hearing is scheduled for September 4, 2025.
Why Was This Lawsuit Filed?
The class action alleged that a cybersecurity breach on or around November 19, 2023, exposed sensitive personal data due to inadequate data security measures by LoanCare and Fidelity National Financial. The compromised information may have included names, addresses, Social Security numbers, and loan account numbers.
The defendants deny any wrongdoing but agreed to the settlement to avoid further litigation.
Sources:
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.
