$3.78M Evolve Bank & Trust data breach class action settlement

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Evolve Bank & Trust has agreed to pay more than $3.78 million to settle a class action lawsuit over a data breach that occurred in 2024. The lawsuit claims that Evolve Bank & Trust failed to adequately protect customer information, allowing unauthorized access to personal and financial data. If you were a customer of Evolve Bank & Trust and your personal information may have been compromised in this data breach, you could be eligible for compensation from this settlement. The breach potentially exposed sensitive customer information, and affected individuals may be entitled to reimbursement for expenses related to the incident.

Who Is Eligible?

You may be eligible to file a claim if you:

  • You were a customer of Evolve Bank & Trust whose personal information was compromised in the 2024 data breach
  • You received notification about the data breach from Evolve Bank & Trust
  • You incurred expenses related to the data breach, such as credit monitoring costs, identity theft protection, or time spent addressing the incident
  • You experienced financial losses or other damages as a result of the breach

How Much Can You Get?

The total settlement amount is more than $3.78 million, which will be distributed among eligible class members. The exact amount each person receives will depend on the number of valid claims submitted and the specific damages they experienced. Settlement details regarding individual payment amounts are still being finalized.

How to File Your Claim

Filing your claim is quick and easy:

  • Gather any documentation related to the Evolve Bank & Trust data breach, including notification letters
  • Collect receipts for any expenses incurred due to the breach, such as credit monitoring or identity protection services
  • Document any time spent dealing with the consequences of the data breach
  • Wait for the official claim form to become available as settlement details are finalized
  • Download the Class Action Buddy app to stay updated on this settlement and easily file your claim when the process opens

Frequently Asked Questions

How do I know if I was affected by the Evolve Bank data breach?

If your information was compromised, Evolve Bank & Trust should have sent you a notification letter about the data breach. Check your mail and email for any communications from the bank regarding this incident.

What information was exposed in the Evolve Bank data breach?

Details about the specific types of information exposed in the 2024 data breach are still being finalized as part of the settlement process. This typically includes personal and financial information held by the bank.

When is the deadline to file a claim for the Evolve Bank settlement?

The claim deadline has not been announced yet as the settlement details are still being worked out. It's important to stay informed about upcoming deadlines once they are established.

Ready to File Your Claim?

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