Axip Energy Services Data Breach Class Action Settlement

Individuals who received a notice that their personal information may have been compromised in a data breach involving Axip Energy Services LP between March and May 2024, may qualify to submit a claim for up to $3,000 from a class action settlement.

Axip Energy Services LP has agreed to pay to settle a class action lawsuit regarding allegations that it failed to adequately protect personal information during a data breach. The cybersecurity incident compromised personal information belonging to approximately 7,222 individuals, which included current and former employees.

Who can file a data breach claim?

Class members must meet the following criteria:

• They reside in the United States and their personally identifiable information (PII) was compromised during the data breach affecting Axip Energy Services LP between March and May 2024.
• They received a Notice of Data Breach from Axip Energy Services LP, sent on or about Aug. 21, 2024.

How much is the class action settlement payout?

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

• Credit monitoring: All class members can elect to receive three years of three-bureau credit monitoring at no cost.
• One-time cash payment: All class members can submit to receive a one-time a $63 payment..
• Out-of-pocket extraordinary expenses: Class members can claim documented monetary losses, which may include unreimbursed bank fees, fees for credit reports or monitoring, and other expenses traceable to the data breach, incurred between March 1, 2024, and Dec. 1, 2025. The total reimbursement, including the $63 payment, cannot exceed $3,000 per claimant

How to claim a class action rebate

To claim a settlement payment, class members can file a claim online, download a personalized claim form from the same link, or print a blank PDF claim form to mail to the settlement administrator.

Settlement administrator's mailing address: Garner v. Axip Energy Services Settlement Administrator, P.O. Box 301134, Los Angeles, CA 90030-1134

Claim forms must be submitted online or postmarked by March 2, 2026.

Required proof and claim information

• Claim ID and PIN from settlement notice required to submit a claim online or by mail.
• Out-of-pocket expenses claims require supporting documentation, which may include receipts, bank or credit card statements statements, bills, or other third-party records showing the expense or loss was directly caused by the data breach.

Payout options

Class members with eligible claims will receive a paper check, mailed to the address provided on the claim form.

Data breach settlement fund breakdown

The settlement fund will include:

• Settlement administration and credit monitoring costs: Not to exceed $50,000
• Attorneys' fees, costs, and expenses: Up to $120,000
• Service award to class representative: $5,000
• Payments to approved claimants: Determined by number of claims filed

Important dates

• Deadline to file a claim: March 2, 2026
• Deadline to opt out: Jan. 30, 2026
• Final approval hearing date: To be scheduled at a later date

When is the Axip Energy Services settlement payout date?

Payments and credit monitoring codes will be issued to class members with valid claims approximately 60 days after the final approval date, or claim processing is completed, whichever is later.

Why did this class action settlement happen?

The class action lawsuit alleged that Axip Energy Services failed to adequately protect the personal information of current and former employees and other individuals, resulting in a data breach between March and May 2024. Axip denies the allegations but agreed to settle to avoid the expense and uncertainty of continued litigation.

Sources

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