Radius Financial Group agreed to a $375,000 class action lawsuit settlement to resolve claims that it failed to prevent a 2021 data breach.
According to the data breach class action lawsuit, Radius Financial Group could have prevented a July 2021 data breach with reasonable cybersecurity measures. Because of Radius’ failure, hackers allegedly gained access to sensitive personal information such as Social Security numbers.
Radius Financial Group is a national mortgage lender that offers various financing services.
Radius Financial Group hasn’t admitted any wrongdoing but agreed to pay $375,000 to resolve the data breach class action lawsuit.
Radius Financial Group Data Breach Class Action Lawsuit
- Who’s Eligible:
- Individuals whose personal information was compromised by the Radius Financial data breach in July 2021
- Estimated Amount: $2,825
- Proof of Purchase:
- On claims for ordinary out-of-pocket expenses, supporting documentation could include invoices, billing statements, receipts.
- On claims for stolen funds, documentation could include a letter from the class member’s financial institution, credit reporting agency or another source informing them of the fraudulent financial loss; receipts, voided checks, bank statements or other documents showing the amount of the class member’s losses and/or a detailed description of what happened and what losses the class member incurred.
- Claim Form Deadline: 12/07/2023
- Case Name & Number:
- Guarino v. Radius Financial Group Inc., Case No. 2283CV00196, in the Superior Court for the Commonwealth of Massachusetts
- How to file a claim:
- Head over to the Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award!
(Click here to file a claim)
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Bottom Line
Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.
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