If you’re expecting to receive part of the settlement, do not expect it to change your life. If you’re among the few who could prove that the data breach cost them some serious coin, you will be considered a priority and could receive as much as $25,000. But a payment this large is reserved for those who can show that they had to spend big bucks to counter fraud or identity theft that can be traced back to the T-Mobile data breach.
Those who are expected to receive part of the $350 million settlement with T-Mobile should start to get their payments in April. The new month starts this coming Tuesday so start checking your mail and your bank account to see if you have received your share of the historic class action settlement.
Verizon customers recently received their share of a class action settlement and some payments were incredibly low. | Image credit-X
T-Mobile subscribers who didn’t have documentation showing out-of-pocket losses but were still affected by the data breach will receive a payment of up to $25. Those who lived in California at the time of the data breach in August 2021 will receive as much as $100. Payments will be made via the method chosen by each claimant which means some will have their money deposited in their bank accounts electronically and some will actually receive a paper check. As usual with class action settlements, the big winners are the attorneys.
It was believed that former customers with the nation’s largest wireless carrier between Jan. 1, 2016, and Nov. 8, 2023, would receive as much as $100 apiece. Instead, some payments received (and shared on X) were for amounts as low as $2.51 and $3.27.
