CGM data breach $1.5M class action settlement

Consumers can receive payments and credit monitoring benefits from a $1.5 million CGM data breach settlement.

The settlement benefits consumers who received a data breach notification from CGM informing them their information may have been compromised in a December 2022 data breach.

Plaintiffs in the class action lawsuit claim CGM failed to implement reasonable cybersecurity measures that could have protected consumers from a December 2022 data breach. During the breach, hackers allegedly gained access to sensitive consumer data.

CGM is a software as a service solutions company that serves wireless and broadband companies.

CGM hasn’t admitted any wrongdoing but agreed to pay $1.5 million to resolve the data breach class action lawsuit.

Under the terms of the CGM data breach settlement, class members can receive three years of credit monitoring and identity theft protection. These services include three-bureau monitoring and $1 million in identity theft insurance.

Class members can also receive cash payments from the settlement. Individuals who experienced documented data breach-related expenses can receive up to $400 for ordinary losses, $20 per hour for up to four hours of lost time and up to $4,000 for extraordinary losses.

Class members who do not have documented losses can receive an alternate cash payment estimated to be around $20, though actual payments may be higher or lower depending on the number of valid claims filed.

The deadline for exclusion and objection is June 27, 2024.

The final approval hearing for the settlement is scheduled for Aug. 26, 2024.

To receive settlement benefits, class members must submit a valid claim form by Aug. 26, 2024.

Who’s Eligible

Consumers who received a data breach notification from CGM informing them their information may have been compromised in a December 2022 data breach

Potential Award

$4,400

Proof of Purchase

Receipts, invoices, account statements, credit reports, insurance claims and other documentation of data breach-related losses

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

08/26/2024

Case Name

Cain, et al. v. CGM LLC d/b/a CGM Inc., Case No. 1:23-cv-02604-SEG, in the U.S. District Court for the Northern District of Georgia

Final Hearing

08/26/2024

Settlement Website

CGMSettlementSupport.com

Claims Administrator

Cain v. CGM, Inc.
c/o Kroll Settlement Administration LLC
P.O. Box 225391
New York, NY 10150-5391
833-425-4613

Class Counsel

Brandon Wise
Pieffer Wolf Carr
KANE CONWAY & WISE LLP

Defense Counsel

Amanda Harvey
MULLEN COUGHLIN LLC