Riley, Pope & Laney LLC Data Breach Class Action Settlement

People whose personal information the August 2024 Riley, Pope & Laney LLC data security incident compromised may be eligible to claim up to $2,500 from a class action settlement.

Riley, Pope & Laney LLC agreed to resolve a class action lawsuit claiming a targeted cyberattack impacted its computer systems in August 2024. The incident involved unauthorized access to files containing private information, including names and Social Security numbers.

Who can file a claim?

The class includes all individuals residing in the United States whose personal information the August 2024 data security incident involving Riley, Pope & Laney LLC compromised. This includes those who received notice of the data security incident.

How much is the data breach settlement payout?

• Documented losses: Up to $2,500 for documented out-of-pocket expenses related to the data breach
• Lost time: $30 per hour for up to three hours ($90 total) for time spent responding to the data incident (included in the $2,500 documented losses cap)

• Alternative cash payment: A $60 one-time payment in lieu of documented losses and lost time payments
• Credit monitoring: Two years of credit monitoring with $1 million in identity theft insurance, real-time credit file monitoring, dark web scanning and public records monitoring

How to claim a class action payment

Class members can submit the online claim form or download and print a PDF claim form to complete and mail to the settlement administrator. They may also request a paper claim form by writing to, calling or emailing the administrator.

Settlement administrator's mailing address: RPL Data Security Incident Settlement, c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799

Settlement administrator's phone number: 833-386-6567

Settlement administrator's email address: info@RPLDataSettlement.com

The claim deadline is Aug. 17, 2026.

What proof or documentation is required to submit a claim?

• Out-of-pocket losses claims require documentation, such as receipts, bank statements or other records, that show the expenses and their relation to the data security incident.
• Lost time claims require a brief written description of how the class member spent the time.
• Alternative payment and credit monitoring claims only require the class member to select the correct option on the claim form.
• Online claims require the unique ID and PIN from the class member's settlement notice.

Payout options

• PayPal (provide PayPal email)
• Venmo (provide Venmo phone number)
• Zelle (provide Zelle email 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 costs: $165,000
• Service award to class representative: $2,500
• Credit monitoring costs: Dependent on number of claims for this option
• Payments to eligible class members: Remainder of the fund

Important dates

• Opt-out deadline: July 18, 2026
• Deadline to file a claim: Aug. 17, 2026
• Final approval hearing: Sept. 3, 2026

When is the Riley, Pope & Laney LLC data security incident payout date?

The settlement administrator will distribute payments and benefits after the court resolves any appeals and grants final approval of the settlement.

Why is there a class action settlement?

The lawsuit claimed a targeted cyberattack impacted Riley, Pope & Laney LLC's computer systems in August 2024. The breach allegedly exposed files containing personal information, such as names and Social Security numbers. The plaintiff claimed the company failed to adequately protect this information.

Riley, Pope & Laney LLC denies any wrongdoing but agreed to settle to avoid the costs and uncertainties of continued litigation.

Sources

1. Claim form
2. Class notice
3. Settlement agreement
4. Settlement FAQ
5. Important dates