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Consumers who received a notice informing them their personal information may have been compromised in The May Institute’s December 2023 data breach may be eligible to claim up to $2,500 from a class action settlement.
The May Institute Inc. agreed to pay $500,000 to settle a class action lawsuit alleging the organization did not implement and maintain reasonable security measures to protect sensitive personal information, including names and Social Security numbers, which unauthorized individuals accessed during the breach.
Who is eligible to submit for a data breach payout?
Consumers are class members if:
They received a notice from The May Institute or the settlement administrator indicating your personal information may have been compromised in the December 2023 data breach. The settlement administrator will verify claims against its mailing list.
How much will the class action settlement payment be?
Class members can submit for one or more of the following:
- Out-of-Pocket Losses: Claimants can submit for a payment of up to $400 in actual, documented losses or expenses resulting from the data breach, including costs related to identity theft or fraud, credit freeze fees, notary or postage expenses and lost time spent addressing issues the breach caused.
- Extraordinary Losses: Class members can claim up to $2,500 for actual, documented, unreimbursed monetary losses caused by identity theft related to the data breach. The loss must have occurred between December 1, 2023, and Aug. 7, 2025, and must not be covered by other reimbursement categories. Claimants must show they made reasonable efforts to avoid or seek reimbursement for the loss, including using available insurance.
- Credit monitoring: Class members can submit for two years of single-bureau credit monitoring, including at least $1,000,000 in identity theft insurance. This benefit is in addition to any credit monitoring The May Institute offered after the breach.
- Alternate cash payment: Class members that do not claim Out-of-Pocket or Extraordinary Losses, or credit monitoring can submit to receive a one-time cash payment of up to $50.
How to claim a data breach class action rebate
To receive a settlement payment, class members must submit a valid claim form by Aug. 7, 2025. Claimants can file online or download and print the PDF claim form to mail to the settlement administrator.
Settlement Administrator's mailing address: The May Institute Data Breach c/o CPT Group, Inc., 50 Corporate Park, Irvine, CA 92606
Required proof and information
- The CPT ID found on the front of the postcard notice
- Out-of-pocket losses and extraordinary losses require documentation such as receipts, invoices or other evidence of expenses or losses.
Payout options
Claimants can receive payment by:
- Paper check mailed to the address provided
- Electronic payment (online claim form only)
$500,000 data breach settlement fund breakdown
The settlement fund of $500,00 includes:
- Settlement administration costs: To be determined
- Attorneys’ fees, costs, and expenses: Up to $159,000
- Service award to the class representative: Up to $3,000
- Credit monitoring: Cost determined by the number of claims filed
- Payments to claimants: Cost determined by the number of claims submitted
Important dates
- Deadline to Submit a Request for Exclusion: July 8, 2025
- Deadline to Submit a Claim Form: Aug. 7, 2025
- Final Fairness Approval Hearing: Aug. 7, 2025
When is the May Institute Settlement payout date?
Payments to class members with valid claims will be issued approximately 75 days after the court grants approval or all claim disputes are resolved.
Why is there a class action lawsuit?
The May Institute lawsuit alleged the organization did not implement and maintain reasonable security measures to protect private information in its database. It denies any wrongdoing but agreed to a settlement to avoid the uncertainty, risks and expense of ongoing litigation.
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