IF YOUR PERSONAL INFORMATION WAS POTENTIALLY IMPACTED BY A CYBERSECURITY INDICENT THAT IDEA FINANCIAL EXPERIENCED IN APRIL 2023, A PROPOSED CLASS ACTION SETTLEMENT MAY AFFECT YOUR RIGHTS
A Settlement has been reached with Idea 247, Inc., d/b/a/ Idea Financial (“Idea Financial” or “Defendant”) in a class action lawsuit about a cybersecurity incident that occurred in or around April 2023 (“Security Incident”).
The lawsuit is captioned Ostashen et al. v. Idea 247 Inc., d/b/a Idea Financial, 2023-021182-CA-01 (11th Judicial Circuit, Miami-Dade County, Fla.). Idea Financial denies the allegations and all liability or wrongdoing with respect to any and all facts and claims alleged in the lawsuit but has agreed to a settlement to avoid the costs and risks associated with continuing this case.
You are included in this Settlement if you are a Settlement Class Member. A Settlement Class Member is an individual who resides in the United States and to whom Defendant sent a notice concerning the Security Incident.
If a Settlement Class Member, your rights are affected whether you act or don’t act. Please read this Notice carefully.
YOUR LEGAL RIGHTS AND OPTIONS | DEADLINE | |
SUBMIT A CLAIM | The only way to receive cash and other benefits from this Settlement is by submitting a valid and timely Claim Form. You can submit your Claim Form online HERE or download the Claim Form here and mail it to the Settlement Administrator. You may also call or email the Settlement Administrator to receive a paper copy of the Claim Form. | October 1, 2024 |
OPT OUT OF THE SETTLEMENT | You can choose to opt out of the Settlement and receive no payment. This option allows you to sue, continue to sue, or be part of another lawsuit against the Defendant related to the legal claims resolved by this Settlement. You can elect to retain your own legal counsel at your own expense. If you opt out you will not be able to participate in the cash and other benefits from the Settlement. | September 1, 2024 |
OBJECT TO THE SETTLEMENT AND/OR ATTEND A HEARING | If you do not opt out of the Settlement, you may object to it by writing to the Court about why you don’t like the Settlement. You may also ask the Court for permission to speak about your objection at the Final Approval Hearing. If you object, you may also file a claim for benefits. | September 1, 2024 |
DO NOTHING | Unless you opt out of the settlement, you are part of the Settlement. If you do nothing, you will not get a payment from this Settlement and you will give up the right to sue, continue to sue, or be part of another lawsuit against the Defendant related to the legal claims resolved by this Settlement. | N/A |
Upcoming Important Dates