Now Open for Claims – Deadline: August 12, 2025
Claim Deadline: August 12, 2025
Payout: Up to $5,000
Proof Required: Claim ID and documentation for certain claims
What’s the Peoples Bank Data Breach Settlement About?
If you received a notice from Limestone Bank—now operating as Peoples Bank—informing you that your personal information may have been compromised in a data breach, you could be eligible for compensation or free credit monitoring through a $782,500 class action settlement.
The lawsuit claims that a cyberattack between Nov. 21, 2022, and March 23, 2023 exposed sensitive customer information, including:
- Full names
- Dates of birth
- Social Security numbers
- Addresses
- Financial account numbers
Peoples Bank denies wrongdoing but agreed to settle to avoid further litigation.
Who’s Eligible?
You may qualify for a cash payment or credit monitoring if:
- You live in the United States
- Your personal data was potentially exposed in the breach
- You received a notice from Limestone Bank or Peoples Bank regarding the incident
What Can You Claim?
Pro-Rata Cash Payment:
Estimated at $85, depending on the number of valid claims
Out-of-Pocket Reimbursement:
Up to $5,000 for documented losses directly related to the breach (e.g., fraud expenses, credit monitoring, professional fees, etc.)
Credit Monitoring:
Two years of three-bureau credit monitoring and identity theft protection, including $1 million in insurance
How to File a Claim
You can file a claim in two ways:
- Online: Use the Claim ID and PIN from your breach notification
- By Mail: Download and print the claim form, then send it to:
Peoples Bank Security Incident Settlement Administrator
P.O. Box 301134, Los Angeles, CA 90030-1134
Required Documentation
To support your claim:
- Online Claims: Include your Claim ID and PIN
- Out-of-Pocket Expenses: Submit receipts, bank or credit statements, or other documents showing losses related to the breach
Payment Options
Eligible claimants can choose:
Settlement Fund Breakdown
The $782,500 settlement fund will cover:
- Attorneys’ Fees: Up to $260,833.33
- Service Awards to Plaintiffs: Up to $2,500 each
- Administrative Costs: TBD
- Credit Monitoring Costs: Based on participation
- Payments to Class Members: Remainder of the fund
Key Dates
- Claim Deadline: August 12, 2025
- Opt-Out/Exclusion Deadline: July 14, 2025
- Final Approval Hearing: September 23, 2025
When Will I Get Paid?
Payments will be issued within 60 days of final court approval, pending resolution of any disputes.
Why Was the Lawsuit Filed?
The lawsuit alleges Peoples Bank (formerly Limestone Bank) failed to safeguard customer data, leading to unauthorized access. While the bank denies the allegations, it agreed to settle to resolve the matter without further litigation.
For More Information and to File a Claim: Visit the official Peoples Bank Settlement Website
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.
