Americans can claim payment up to $1,200 from $9.75m ‘false’ info settlement – and you just need a screenshot as proof
ELIGIBLE customers of a home security company can score up to $1,200 from a multi-million dollar class action settlement.
Class members can receive a payment of up to $1,200 and even a screenshot counts as proof.
GettyCustomers of a home security company may be eligible for cash in a class-action lawsuit[/caption]
Vivint, a home security company, has agreed to pay $9.75 million to absolve claims it incorrectly used consumer data.
Class members alleged the company breached the Fair Credit Reporting Act by “accessing consumer credit information and using that data to create false accounts,” per Top Class Actions.
According to the lawsuit, Vivint then began collections efforts on several false accounts.
The company did not admit wrongdoing but agreed to pay nearly $10 million to settle the lawsuit.
Vivint also agreed to alter its business practices by taking three initiatives.
These include deleting fraudulent accounts, verifying consumer report consent, and putting safeguards in place to deter misuse of consumer data in the future.
Vivint is a home security system company that sells security equipment and surveillance services.
ELIGIBILITY AND PAYOUTS
Class members include consumers whose credit information was accessed without consent, whose data was used to create a false account, and who were subjected to collection initiatives on the false accounts.
These must have occurred between January 1, 2016, and January 16, 2024.
Eligible beneficiaries can receive $1,200 for each fraudulent account created with their information that was subject to collection initiatives.
Class members can receive $250 for fake accounts Vivint did not attempt to make collection efforts on.
For each fraudulent account, beneficiaries may only receive one type of payment.
This means they can only receive either $250 or $1,250.
SETTLEMENT DATES
The deadline to submit a claim form is approaching – class members only have until June 7, 2024.
Class members are not required to provide proof, but examples of acceptable documentation include screenshots, emails, letters, credit reports, and call records.
What's a class-action settlement?
Class action lawsuits offer groups of people, or 'classes,' a way to band together in court.
These suits are often brought by one or a few people who allege a company or other entity has wronged a large group of people.
When a suit becomes a class action, it extends to all “class members,” or people who may have similar complaints to those who filed the suit.
Companies often settle class actions – offering payment to class members who typically waive their right to pursue further legal action by accepting money.
These payout agreements frequently include statements by the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.
Pollution, discrimination, or false advertising are a few examples of what can land a class action on a company’s doorstep.
Class members can no longer opt out of the lawsuit or raise objections, as the deadline to do so was April 15, 2024.
The final approval hearing was scheduled for April 23, 2024.
Americans have other opportunities to claim money from settlements.
It’s the last day for Apple customers to get $349 from an iPhone settlement – no receipt is necessary and you can opt for a check.
Plus, Americans can claim a $275 payment from a $1 million shared information settlement – and you don’t even need to apply.
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