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Individuals who received notification that the April-May 2024 cyberattack against New River Electrical Corp. may have compromised their private information could submit a claim for up to $3,000 and/or credit monitoring from a class action settlement. The data breach impacted approximately 9,875 current and former employees.
New River Electrical Corporation agreed to pay $425,000 to settle a class action lawsuit alleging a data breach potentially exposed the personal information of approximately 9,845 individuals. The plaintiff claimed the company failed to adequately protect private information.
Who can file a claim for a data breach payout?
Class members are individuals in the United States whose personally identifiable information the April-May 2024 data breach compromised and who received a notice from New River Electrical Corp. about the incident.
How much will settlement payments be?
Class members have the following benefit options:
- Expense reimbursement: Class members can claim up to $3,000 in documented, unreimbursed out-of-pocket losses directly resulting from the data breach. Eligible expenses include costs to obtain credit reports, credit freezing/unfreezing fees, card replacement fees, late and over-limit fees, interest and fees on payday loans obtained as a result of the breach, postage for contacting financial institutions and some credit monitoring and identity theft insurance costs.
- Alternative cash payment: Class members who do not submit an expense reimbursement claim can submit a claim to receive a cash payment estimated at $50. The settlement administrator will determine the final payment amount by the number of valid claims filed.
- Credit monitoring: All class members can elect to receive two years of one-bureau credit monitoring services.
How to claim a class action rebate
To receive a settlement payment, class members can file a claim online or print the PDF claim form to complete and mail to the settlement administrator.
Settlement administrator's mailing address: NREC Data Settlement Administrator, c/o Settlement Administrator, PO Box 25226, Santa Ana, CA 92799
The claim deadline is July 20, 2026
Required proof and claim information
- Online claims require the login ID and PIN from the settlement notice the class member received.
- Expense reimbursement claims require supporting documentation, which may include receipts, bank or credit card statements showing unreimbursed fees or fraudulent charges, police reports and other proof showing out-of-pocket losses due 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 $425,000 settlement fund will include:
- Settlement administration costs: To be determined
- Attorneys’ fees and expenses: Up to $136,000
- Service award to the representative plaintiff: Up to $3,000
- Credit monitoring: Cost determined by number of claims filed
- Payments to approved claimants: Remaining settlement funds
Important dates
- Opt-out deadline: June 19, 2026
- Final fairness hearing: June 29, 2026
- Deadline to file a claim: July 20, 2026
When is the New River Electrical Corp. data breach settlement payout date?
The settlement administrator will issue payments and credit monitoring codes to approved claimants approximately 30 days after it completes claim processing or 75 days after the court grants final approval of the settlement, whichever is later.
Why did this class action settlement happen?
This class action lawsuit claimed unauthorized parties accessed files containing the private information belonging to several thousand individuals during an April-May 2024 cyberattack on New River Electrical Corp. The lawsuit alleged the company was liable for the data breach.
New River Electrical Corp. denies any wrongdoing but agreed to settle to avoid the cost and uncertainty involved in continued litigation.
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