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Individuals who received a notice stating the November 2025 data breach at Brandt Equities LP may have involved their personal information could be eligible to claim up to $3,580 and/or credit monitoring from a class action settlement.
Brandt Equities LP agreed to settle a class action lawsuit alleging unauthorized third parties accessed sensitive information, including names, addresses, driver’s license numbers and Social Security numbers, during a cybersecurity incident in November 2025.
Who can file a claim?
Class members are living individuals residing in the United States who received notice from Brandt Equities LP stating the November 2025 data incident may have involved their private information.
How much can class members receive?
Class members may be eligible for the following benefits:
- Cash payment for documented losses: Class members who experienced actual, documented out-of-pocket losses that are fairly traceable to the data incident (such as costs related to identity theft, credit monitoring fees or replacing IDs) can claim up to $3,500. The losses must have occurred between Nov. 8, 2025, and Dec. 17, 2026.
- Cash payment for lost time: Class members who spent time addressing issues the data breach caused (such as by changing passwords or contacting banks) can claim up to four hours of lost time at $20 per hour for a maximum of $80.
- Credit monitoring: All class members can enroll in two years of CyEx Identity Defense Complete at no cost. This service provides comprehensive identity protection features, including $1 million in identity theft insurance, real-time credit file monitoring, dark web scanning and public records monitoring.
If the total amount class members claim exceeds the available fund, the settlement administrator may reduce payments on a pro rata basis.
How to claim a settlement payment
Class members can file a claim online or download, print and complete a PDF claim form and mail it to the settlement administrator.
Settlement administrator's mailing address: Brandt Data Incident Settlement, c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799-9958
The claim deadline Dec. 17, 2026.
Required information
For out-of-pocket losses claims, class members must provide documentation. Acceptable documentation includes:
- Receipts
- Bank statements
- Postage or copying expenses
These documents must show how much the class member spent or lost as a result of the data incident. Notes or papers the class member creates are not sufficient.
For lost time claims, class members must attest to the number of hours spent addressing the incident.
Payout options
- PayPal (provide email address)
- Venmo (provide phone number)
- Virtual prepaid card (provide email address)
- Zelle (provide email address or phone number)
- Physical check (provide mailing address)
Settlement fund breakdown
The settlement fund will cover:
- Settlement administration costs: To be determined
- Attorneys’ fees and litigation costs: $240,000
- Service awards to class representatives: Up to $2,500 each for five representatives ($12,500 total)
- Payments to approved class members: Remainder of the fund
Important dates
- Opt-out deadline: Nov. 17, 2026
- Claim deadline: Dec. 17, 2026
- Final approval hearing: Jan. 14, 2027
When is the Brandt Equities settlement payout date?
The settlement administrator will distribute payments after the court resolves any appeals and grants final approval to the settlement.
Why did this class action settlement happen?
The class action lawsuit claimed criminal third parties gained unauthorized access to Brandt Equities' network in November 2025, potentially exposing sensitive personal information. The plaintiffs alleged Brandt Equities LP failed to adequately protect this information.
The company denies any wrongdoing but agreed to settle to avoid the risks and costs of further litigation and to provide benefits to affected individuals.
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