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Individuals in the United States who received a notice from Renkim Corp. stating a March 2025 cyberattack affected their private information may be eligible to receive up to $4,060 plus credit monitoring from a class action settlement.
Renkim agreed to settle a class action lawsuit alleging a targeted cyberattack on its computer systems exposed sensitive information, such as names, addresses, total balances, consumer numbers and provider names. The data breach affected approximately 80,178 individuals.
Who can file a claim?
Class members are all individuals residing in the United States who received notice from Renkim that the March 2025 data incident impacted their private information.
How much can class members get?
The settlement offers the following benefits:
- Cash payment for documented losses: Class members who incurred actual, documented out-of-pocket losses due to the data incident can claim reimbursement of up to $4,000. Eligible expenses include losses from identity theft or fraud, fees for credit reports or credit monitoring, costs to replace IDs and postage for contacting banks.
- Cash payment for lost time: Those who spent time responding to the data incident, such as by changing passwords, investigating suspicious account activity or researching the incident, can claim up to three hours at $20 per hour for a maximum of $60.
- Alternate cash payment: Instead of claiming for documented losses or lost time, class members may opt for a one-time $40 cash payment.
- Credit monitoring: All class members are eligible to enroll in three years of CyEx Financial Shield Complete, which includes $1 million in financial fraud insurance and monitoring for identity theft, unauthorized transactions and high-risk activity. This service also provides access to fraud resolution agents if tye program detects suspicious activity.
How to claim a settlement payment
Class members must submit an online claim form or print and complete the PDF claim form and mail it to the settlement administrator.
Settlement administrator's mailing address: Renkim Data Incident Settlement, c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799-9958
The deadline to file a claim is Jan. 13, 2027.
Those whose contact information changes after they submit a claim should notify the settlement administrator to ensure they receive any updates or payments.
Required proof/documentation
- For documented losses claims, class members must provide proof, such as receipts or bank statements, showing they incurred the expenses due to the data incident. Self-prepared documents alone are not sufficient, but class members may use them to support other documentation. They cannot claim payment for expenses a third party already reimbursed.
- For the alternate cash or lost time payment, class members do not need to provide documentation but must attest they spent the time responding to the data incident.
- For credit monitoring, class members do not need to provide documentation but must elect this benefit on the claim form.
- For online claims, class members must provide the login ID and PIN they received in their settlement notice.
Payout options
- Zelle
- PayPal
- Venmo
- Virtual prepaid card
- Physical check mailed to the address provided
Settlement fund breakdown
The settlement fund includes:
- Settlement administration costs: Amount not specified
- Attorneys' fees and litigation costs: Up to $325,000
- Service awards to class representatives: $2,000 each ($6,000 total)
- Credit monitoring: Dependent on the number of claims filed
- Payments to eligible class members: Dependent on the number of claims filed
Important dates
- Deadline to opt out: Dec. 29, 2026
- Deadline to file a claim: Jan. 13, 2027
- Final approval hearing: Jan. 28, 2027
When is the Renkim data incident settlement payout date?
The settlement administrator will distribute payment and benefits to eligible class members after the court resolves any appeals and grants final approval of the settlement.
Why did this class action settlement happen?
In March 2025, a cyberattack compromised Renkim's computer systems, exposing files containing private information. The plaintiffs alleged Renkim failed to adequately protect personal data.
Renkim denied any wrongdoing but agreed to settle to avoid the expense and uncertainty of further litigation.
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