TOC Enterprises Data Breach Settlement: Awards up to $5,500

In March 2023, TOC Enterprises Inc. experienced a significant data security incident, leading to a class action lawsuit, Bandy v. TOC Enterprises, Inc. If you were notified that your private information was potentially compromised during this incident, you may be eligible for compensation and other benefits as part of a proposed settlement. This article provides a thorough overview of the settlement details, including eligibility, potential awards, and how to submit a claim.

Who Benefits?: Individuals who received a notice regarding the potential impact on their private information due to the Data Incident.

How much can I get?: Compensation varies, including reimbursement for specific expenses, lost time, and credit monitoring services, with a maximum potential award of $5,500.

Important Dates

• Fairness Hearing: Scheduled for March 14, 2024, at 3:00 p.m.
• Deadline to File a Claim: April 8, 2024
• Deadline to Exclude Yourself from the Settlement: March 8, 2024
• Deadline to Object to the Settlement: March 8, 2024

Identifying Eligible Class Members

Class membership is determined by whether you were directly notified of the potential impact on your private information due to the Data Incident. The Plaintiff, Jennifer Bandy, represents all individuals in this class action settlement.

• Automatic Credit Monitoring Subclass: Those who enrolled in the credit monitoring services offered by the Defendant post-incident.
• General Class Members: All other affected individuals who did not enroll in the provided credit monitoring services.

Exclusions apply to Defendant's employees, officers, directors, those who opt out, the Judge overseeing the case, and anyone criminally linked to the Data Incident.

Settlement Awards

Class Members may be eligible for various types of compensation, which are detailed below:

• Documented Ordinary Out-of-Pocket Expenses: Up to $1,500 for specific unreimbursed expenses.
• Reimbursement for Attested Lost Time: Up to $60 for time spent addressing the Data Incident.
• Documented Extraordinary Out-of-Pocket Expenses: Up to $4,000 for losses directly related to the Data Incident.

The Data Incident Underpinning the Settlement

The Data Incident at the heart of this settlement involved unauthorized access to private information of individuals associated with TOC Enterprises. The exact nature of the compromised data has not been fully disclosed but was significant enough to warrant this class action settlement.

Is Proof Required to Claim the Reward?

Yes, claimants must provide documentation to support their claims for out-of-pocket expenses and attested lost time. For extraordinary losses, proof of efforts to seek reimbursement and mitigate such losses is required.

How to Claim Your Award

To claim your award, submit a Valid Claim Form by April 8, 2024. You can submit your claim online or mail it to the Settlement Administrator. Documentation supporting your claim is essential.

Analyzing the Settlement Amount

The total settlement amount has not been disclosed. However, the agreement specifies the maximum amounts that Class Members can claim for various types of losses.

The Rationale Behind the Class Action Settlement

This settlement addresses allegations that TOC Enterprises was negligent in safeguarding private information, leading to the Data Incident. The settlement aims to compensate those affected and prevent similar future incidents.

For further information, visit the official settlement website or contact the Settlement Administrator at info@TOCsettlement.com or 1-888-928-4179 (Toll-Free).