For individuals or residents who fell victim to cyberattacks, Capital One Bank Settlement Claim 2024 concerns the data breach that occurred in 2019. The credit card companies will provide the claim amount to the individuals who have lost their money as a result of information leaks or breach. To get the money, one must first complete out the Capital One Bank Settlement Form 2024. It is estimated that over 98 million people will receive payments totaling approximately $190 million, with each person receiving a settlement claim of $25,000. Although it hasn’t been revealed properly yet, the Capital One Bank Payout Date 2024 is expected to be announced in August of this year. You should read the post below to find out the correct facts & details.
Capital One Bank Settlement Claim 2024
The US Capital Bank is the nation’s financial institution that has been giving its people access to money. These days, cybercrimes are biggest concern to the public, and victims typically suffer huge financial losses as a result of these breaches. Debit and credit card usage has gotten so dangerous that there is always a chance of information leaks. Americans recently experienced a breach in which they were targets of hackers and witnessed the theft of their personal information. The lawsuit involved around 98 million individuals who suffered as a result of the data breach. The Bank accepted the claims submitted by the plaintiffs and chose to compensate them with the Capital One Bank Settlement Claim Amount 2024.
The personnel must fill out the form for claims and start receiving payments on September 28, 2023, before receiving the actual settlement claim amount. The bank has assured to reimburse the settlers of the data breach a total of $190 million, and the payments are still ongoing. After reviewing the allegations for fraud and identity theft, the Settlement Administrator will pay out the compensation. The Class Action Settlement will pay for out-of-pocket damages and associated costs. You may verify all the essential information about the case and the other process by visiting our page.
Capital One Bank Settlement Claim 2024
The US citizens who experienced hardships as a result of information leaks or data breaches will get reimbursement; in all, the settlement will amount to $190 million for the people. Approx 98 million individuals who have faced great hardships will receive the payment.
| Title | Capital One Bank Settlement Claim 2024 |
| Name of The Bank | Capital One Bank |
| Name of the Settlement | Capital One Bank Class Action Settlement |
| Country of Settlement | USA |
| Settlement Amount for | 98 Million residents |
| Lawsuit Purpose | Data Breach |
| Claim Amount of Settlement in 2024 | $190 million |
| Settlement Amount per person | $25000 |
| Dates of Settlement | Not announced yet |
| Mode of settlement | Online |
Capital One Bank Lawsuit 2024 History
- The case focuses on cybercrimes that occurred in 2019 and involved individuals witnessing data breaches and personal information leaks.
- A credit or debit card compromise resulted in the exposure of 98 million persons’ personal information.
- According to the statement, Capital One Bank is the source of the settlement, and obtaining the settlement money requires submitting a Settlement Claim Form.
- Starting on September 27, 2023, the Bank has began disbursing compensation to all residents, with the Settlement Amount being awarded to those impacted by cybercrimes.
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Capital one Bank Compensation Amount Claim 2024
All impacted consumers in this data breach case will get a payout from a fund that the bank has set up totaling 198 million USD. Every user will get a compensation sum based on their loss and other factors; the maximum payout for an individual will be $25,000 USD.
The settlement amount for identity stealing protection from Capital One Bank will also cover out-of-pocket losings, credit monitoring, and reimbursement for certain costs. According to your category and overall fraud money, you may thus claim the Capital One Bank Settlement amount if your name appears on the list of users who will get compensation and a settlement amount from the bank.
Capital One Bank Class Action Settlement Eligibility
- The sum of the Settlement will be available to American citizens.
- If there is a data breach in 2019, the money will be paid.
- The person will have been a victim of either a breach or a personal loss. It is required that the beneficiary has received notification indicating their eligibility for the payment.
Capital One Bank Settlement Claim Payment Amount
According to Capital One Bank, 98 million people who were affected by the data leak would get a payout of $190 million. The bank has promised to help the residents. It is said that each claimant will get $25,000. And the money will only be disbursed following the deduction of attorney fees.
Capital One Bank Settlement Claim Payout Date
- As of September 27, 2023, the Bank has begun giving the citizens benefits.
- The beneficiary has not yet received the money in their accounts. Despite the fact that the payments have been ongoing up to this point.
- Those who have not yet received their money are going to have to wait for a set amount of time.
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Where do I obtain a claim form?