Lockton Companies $9.9M Data Breach Class Action Settlement

Individuals who were notified that their private information may have been compromised in a cybersecurity incident involving Southeast Series of Lockton Companies in November 2024, may qualify to claim up to $5,000 or a pro rata cash payment from a class action settlement. The data breach impacted approximately one million people.

Southeast Series of Lockton Companies LLC and Lockton Companies LLC have agreed to pay $9.9 million to settle a class action lawsuit alleging they failed to adequately protect private information during a data breach on Nov. 20, 2024. The incident compromised full names, addresses, Social Security numbers, medical information, health insurance information and birth dates.

Who can file a claim for a data breach payout?

Class members are individuals residing in the United States who were notified that their private information was impacted by the data incident involving Southeast Series of Lockton Companies and Lockton Companies on or around Nov. 20, 2024.

How much is the settlement payment?

All class members will automatically receive one year of CyEx Financial Shield Complete, which includes credit monitoring and identity theft protection.

Class members can submit a claim for one of following cash payment options:

• Cash payment A – Documented losses: Class members can claim up to $5,000 per person for documented losses fairly traceable to the data breach. This may include monetary losses due to fraud or identity theft, professional fees, credit repair fees, cost for freezing/unfreezing credit and other charges or costs.
• If the total amount of valid claims for documented losses exceeds $3,000,000, payments will be reduced pro rata.

• Cash payment B – Pro rata cash: Class members that do not submit a documented losses claim can submit to receive a pro rata cash payment from the remaining net settlement fund. Final payment amount will be determined by the total number of claims filed.

How to claim a class action rebate

To claim a settlement payment, class members can file a claim online or print the PDF claim form to complete and mail the settlement administrator.

Settlement administrator's mailing address: Beasley v. Southeast Series of Lockton Companies, LLC, et al., c/o Kroll Settlement Administration LLC, P.O. Box 5324, New York, NY 10150-5324

The claim deadline is April 7, 2026.

Required claim information and proof

• Class Member ID from settlement notice required to submit a claim.
• Documented losses require proof, which may include receipts, invoices, bank or credit card statements showing unreimbursed fees or losses due to fraud or other documentation showing identity theft or fraud traceable to the data incident.

Payout options

• Electronic payment, only available for online claim submissions
• Paper check mailed to the address provided

$9.9 million data breach settlement fund

The The $9,900,000 settlement fund will include:

• Settlement administration costs: To be determined
• Attorneys' fees: Up to $2,966,666.66
• Attorneys' costs: To be presented to the court for approval at a later date
• Service awards to class representatives: Up to $2,500 each
• Credit monitoring: Cost determined by the number of class members that sign up
• Documented losses claim payments: Up to $3,000,000
• Pro rata cash claim payments: Remaining settlement funds

Important dates

• Deadline to file a claim: April 7, 2026
• Opt-out deadline: April 7, 2026
• Final approval hearing: May 7, 2026

When is the Lockton Companies data breach payout date?

Payments will be issued to class members after the court grants final approval of the settlement and claim processing is completed.

Why was there a class action settlement?

This class action lawsuit was filed because plaintiffs alleged that Southeast Series of Lockton Companies and Lockton Companies failed to adequately protect private information, leading to a data breach on or around Nov. 20, 2024. The companies deny the allegations but agreed to settle to avoid the expense and uncertainty of further litigation and a possible trial.

Sources

1. Official class notice
2. Official settlement website
3. Official claim form