Snap Finance data breach $1.8M class action settlement

Updates:

• Top Class Actions readers reported this settlement paying out up to $204.82 as of early April 2024.
• Congratulations to everyone who filed a claim and got paid!

• The court granted this settlement final approval Jan. 23, 2024.
• Let Top Class Actions know when you receive a check in the comments section below or on our Settlements & Payouts Facebook group.

Snap Finance agreed to a $1.8 million class action lawsuit settlement to resolve claims that it failed to prevent a 2022 data breach that compromised sensitive consumer information.

The settlement benefits consumers who provided personal information to Snap Finance and received a letter from Snap in December 2022 informing them that their information may have been compromised in a data breach between June 23 and Sept. 8, 2022.

Plaintiffs in the class action lawsuit claim that Snap Finance could have prevented the 2022 cyberattack that compromised the information of more than 60,000 consumers. The data breach could have been prevented if Snap had taken reasonable precautions to protect their information, the plaintiffs claim.

Snap Finance is a financial lender that offers credit opportunities to consumers with all types of credit.

Snap Finance hasn’t admitted any wrongdoing but agreed to a $1.8 million settlement to resolve the data breach class action lawsuit.

Under the terms of the Snap Finance settlement, class members can receive up to $5,000 for various data breach-related expenses. These expenses could include fraud, identity theft, bank fees, credit costs and more.

Class members can also receive two years of free credit monitoring services from the settlement. 

The deadline for exclusion and objection is Dec. 18, 2023.

The final approval hearing for the settlement is scheduled for Jan. 23, 2024.

In order to receive settlement benefits, class members must submit a valid claim form by Jan. 16, 2024.

Who’s Eligible

Consumers who provided personal information to Snap FInance and received a letter from Snap in December 2022 informing them that their information may have been compromised in a data breach between June 23, 2022 and Sept. 8, 2022

Potential Award

$5,000

Proof of Purchase

Documentation of data breach-related expenses; “self-prepared” documents are insufficient on their own.

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

01/16/2024

Case Name

In re: Snap Finance Data Breach Litigation, Case No. 2:22-cv-00761-TS-JCB, in the U.S. District Court for the District of Utah

Final Hearing

01/23/2024

Settlement Website

SnapFinanceDataSettlement.com

Claims Administrator

Snap Finance Data Settlement
Claims Administrator
PO Box 25417
Santa Ana, CA 92799
info@SnapFinanceDataSettlement.com
833-200-7006

Class Counsel

William B Federman
FEDERMAN & SHERWOOD

Anderson Berry
CLAYEO C ARNOLD APC

Brian D Flick
DANNLAWW

Defense Counsel

Christopher G Dean
Timothy J Lowe 
MCDONALD HOPKINS LLC

Chad S Pehrson
KUNZLER BEAN & ADAMSON