Thyssenkrupp Materials data breach class action settlement

Thyssenkrupp Materials agreed to a class action lawsuit settlement to resolve claims it failed to protect consumer information in a 2020 data breach.

The settlement benefits people who received a notice of data breach from Thyssenkrupp Materials in January 2021 or May 2021.

Plaintiffs in the class action lawsuit accused Thyssenkrupp of failing to protect their information in a 2020 data breach. According to consumers, the data breach could have been prevented through reasonable cybersecurity measures. 

In late 2020, Thyssenkrupp was the victim of a ransomware cyberattack which compromised the information of current and former employees. Sensitive data such as Social Security numbers and bank account information was reportedly accessed in the attack.

Thyssenkrupp hasn’t admitted any wrongdoing but agreed to pay an undisclosed sum to resolve these allegations.

Under the terms of the settlement, class members can receive compensation for ordinary losses, lost time and/or ordinary expenses.

The settlement allows consumers to claim up to $200 in ordinary losses. Class members can also receive six hours of lost time at a rate of $25 per hour, for a maximum lost time payment of $150.

Consumers who experienced extraordinary losses as a result of the data breach can receive up to $8,000 for these expenses. 

All class members can receive two years of TransUnion’s myTrueIdentity credit monitoring and identity theft protection. This service includes $1 million in identity theft insurance along with various other monitoring and protections.

Class members who signed up for two years of myTrueIdentity through Thyssenkrupp’s original offer will receive a one year extension to their services. Class members who did not participate in the company’s original offer will receive two years of the service.

The deadline for exclusion and objection is Jan. 23, 2023.

The final approval hearing for the settlement is scheduled for Feb. 27, 2023.

In order to receive settlement benefits, class members must submit a valid claim form by March 8, 2023.

Who’s Eligible

People who received a notice of data breach from thyssenkrupp Materials in January 2021 or May 2021.

Potential Award

$200 for ordinary losses, $150 for lost time and/or $8,000 for extraordinary losses.

Proof of Purchase

Documentation for out of pocket losses or lost time.

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

03/08/2023

Case Name

Crawford, et al. v. thyssenkrup Materials NA, et al., Case No. 2122-CC00411, in the Circuit Court of the City of St. Louis for the State of Missouri

Final Hearing

02/27/2023

Settlement Website

CrawfordClassAction.com

Claims Administrator

Crawford v. thyssenkrupp
Settlement Administrator
P.O. Box 6929
Portland, OR 97228-6929
info@CrawfordClassAction.com
877-750-0348

Class Counsel

BRANSTETTER, STRANCH & JENNINGS PLLC

CAREY DANIS & LOWE

COHEN & MALAD LLP

MUCHNICK HABER MARGOLIS LC

Defense Counsel

GREENBERG TRAURIG LLP

BRYAN CAVE LEIGHTON PAISNER LLP