AllTrust Networks data breach settlement explained

Individuals who received a notice that their private information may have been impacted by the AllTrust Networks and Aspire USA data breach in February 2024, may be eligible to submit a claim for up to $2,500, plus credit monitoring, from a class action settlement. The cybersecurity incident affected approximately 161,359 people.

Valsoft Corp. Inc. d/b/a AllTrust Networks and Aspire USA LLC have agreed to pay to settle a class action lawsuit. The plaintiffs claim that the companies failed to adequately protect personal information, resulting in a cybersecurity incident that potentially exposed sensitive data such as names, Social Security numbers, driver’s license numbers, dates of birth, government-issued identification numbers, financial account information, and email usernames and passwords.

Who can file a claim for a data breach payout?

Class members: Living individuals residing in the United States, who were sent a notice indicating their private information may have been impacted in the data breach that occurred between Feb. 12 and Feb. 15, 2024.

California subclass members: Settlement class members residing in California at the time the data breach occured.

How much will the settlement payment be?

Class members can select one or more of the following benefits:

• Credit Monitoring Services: All class members can elect to enroll in one year of CyEx’s Financial Shield Pro, which includes one-bureau credit monitoring, dark web scanning and alerts, security freezing and victim assistance, $1,000,000 in identity theft insurance with no deductible and complimentary access to fraud resolution agents.
• Cash payment A – Documented losses: Class members can claim up to $2,500 for extraordinary documented losses that occurred between Feb. 14, 2024, and Mar. 3, 2026 and are traceable to the data incident. Losses must not have been reimbursed by another source.
• Cash payment B – Flat cash: Class members that do not submit a documented losses claim can submit to receive a flat cash payment, estimated at $25.
• The total pool for this payment is capped at $200,000. If total claims exceed this amount, payments will be reduced pro rata.

• California statutory claim payment: California subclass members may submit a claim to receive additional cash payment of $50.
• This pool for this payment is capped at $100,000 and will also be reduced pro rata if the total number of claims exceeds the cap.

How to claim a class action rebate

To claim a settlement payment, class members can file a claim online or download and print the PDF claim form to mail to the settlement administrator.

Settlement administrator's mailing address: AllTrust Data Incident Settlement, Attn: Claim Forms, 1650 Arch St., Suite 2210, Philadelphia, PA 19103

Claims must be submitted online or postmarked by the March 3, 2026 deadline.

Required proof and claim information

Yes, documentation is required if you are claiming documented losses (Cash Payment A). You must provide reasonable documentation, such as receipts, correspondence, or telephone records, to support your claim. Personal certifications or affidavits alone are not sufficient but may be included for context.

• Notice ID and Confirmation Code from settlement notice required to submit a claim online.
• Documented losses claims require proof, which may include receipts, invoices, bank or credit card statements, correspondence and other proof of expenses and losses traceable to the data breach.

Payout options

• PayPal
• Venmo
• Zelle
• Virtual prepaid card
• Paper check mailed to the address provided

Data breach settlement fund breakdown

The settlement fund will include:

• Settlement administration costs: To be determined
• Attorneys' fees: Up to $600,000
• Service awards to class representatives: Up to $2,500 each
• Credit monitoring services: Cost determined by number of claims filed
• Documented losses claims: Total determined by number of valid claims filed
• Flat cash payments: Up to $200,000
• California subclass payments: Up to $100,000

Important dates

• Deadline to file a claim: Mar. 3, 2026
• Deadline to opt-out: Mar. 3, 2026
• Final approval hearing: Mar. 16, 2026

When is the AllTrust data breach payout date?

Payments and credit monitoring codes will be issued approximately 75 days after the court grants final approval of the settlement.

Why is there a class action settlement?

The class action lawsuit was filed after AllTrust Networks and Aspire USA experienced a cybersecurity incident in February 2024, potentially exposing sensitive personal information belonging to several thousand people. Plaintiffs alleged negligence, breach of implied contract, unjust enrichment, and violations of California consumer protection laws.

The defendants deny the allegations but agreed to settle to avoid the expense and risk of continued litigation.

Sources

1. Official class notice
2. Official settlement website FAQ page
3. Official claim form