Capital One is Now Paying $190 Million in Class-Action Settlement to Eligible U.S. Residents for 2019 Data Breach

Capital One is paying out $190 million to customers who were affected by identity theft or fraud as a result of the 2019 Capital One data breach.

Capital One by Maryland GovPics, CC BY 2.0 Deed

Capital One agreed to pay a $190 million settlement to customers who opted-in to the settlement by the deadline as a result of a 2019 data breach, and those payments are going out now through November 27, 2023.

If you don’t receive a payment by November 27, then you will not be receiving one.

Capital One 2019 Data Breach Class-Action Settlement

WGAL 8 News reported that emails started going out late last week (the third week of October 2023) to the victims of the 2019 Capital One data breach. The email states exactly how much each member is getting paid in the class-action settlement.

It can vary by how each victim was affected in terms of financial losses, time lost, and identity defense services used.

One person was paid $707 after receiving a confirmation email of payment from ‘noreply@epiqpay.com’ — which means that they opted-in to the settlement by the deadline.

What Happened in 2019?

The Washington Examiner reported that in 2019, a hacker gained access to the personal information of approximately 98 million Capital One users. Capital One announced in July 2019 that it was the victim of a criminal cyberattack on its systems.

Consumers brought numerous lawsuits against Capital One as a result of this data breach, and the lawsuits were overseen by Judge Anthony J. Trenga of the U.S. District Court for the Eastern District of Virginia

$190 Million Class-Action Settlement Agreed Upon

After a lengthy mediation process, both sides agreed to the settlement amount and the court granted final approval for a $190 million class-action settlement on September 13, 2022, to pay the out-of-pocket losses, lost time, identity defense services, account restoration services, and other expenses approved by the court.

The deadlines to file a claim with the Capital One Class Action Settlement were:

• Filing a claim for lost time: September 30, 2022
• Filing a claim for out-of-pocket losses: September 30, 2022
• Filing a claim for identity defense services: September 30, 2022

If you filed a claim by the deadline, you are a “class member” and you would have received a notice with a Unique ID and PIN required to file a Claim Form.

If you are unsure if you are a class member, you can get confirmation by calling 1–855–604–1811 or emailing the plan administrator at:

If you joined this class action settlement by the deadline, payment will be sent by November 27, 2023, by check or digital payment.

Sources

Capital One Data Breach Class Action Settlement website.

Roche, Brian. “Victims paid in Capital One settlement.” WGAL 8 News. 25 October 2023.

Schilke, Rachel. “Class-action settlement: Capital One customers have less than a month to claim payment from $190 million settlement.” Washington Examiner. 24 October 2023.

Summary: This article is about the 2019 Capital One data breach and the customers affected by it, resulting in a Class-action Settlement.

Why Did I Receive B Settlement Payment from Bumble?

 

Bumble B Settlement Payment

What is the B Settlement PayPal or Venmo Payment?

On March 4, 2021 many people received a mysterious B Settlement payment into their PayPal or Venmo account for $36.89 if you opted into the Bumble Boost settlement class-action lawsuit, which required you to give your contact information, including a method for electronic payment or to receive a paper check in the mail. If you received this payment, it is because you signed up for the class action settlement at some point, and it means that you used the Bumble app at some point in the past.

U.S. Magistrate Judge Nathanael M. Cousins gave Bumble and subscriber plaintiffs preliminary approval for a proposed class action settlement worth $22.5 million. Judge Cousins determined that, upon preliminary examination of the settlement terms, the deal appears "fair, reasonable, and adequate," agreeing with the plaintiffs' assertion that the recovery is an "excellent" outcome. (Source: TopClassActions.com)

As a result, PayPal or Venmo would have notified you around March 4, 2021 that you received payment from "B Settlement."

Notification from Paypal for B Settlement

Why did Bumble have a Class-Action Lawsuit against them?

It all has to do with the Bumble Boost subscription.

The class-action lawsuit alleges that Bumble's Terms & Conditions failed to notify subscribers of the legal right to cancel their Bumble Boost subscription and obtain a refund within three (3) business days of purchase in violation of certain consumer protection laws, that may apply to all of Bumble's Boost users nationwide. The case also alleges that for certain users in California, Bumble's auto-renewal practices violate California law. Bumble vigorously denies these allegations and does not admit fault.

There are two Settlement Agreement groups of people that are included in this Bumble class-action lawsuit:

1) The (New York) Nationwide Class includes all persons in the United States who purchased Bumble Boost at any time between November 13, 2014 and July 15, 2020. This is referred to as the "DSL Settlement Class" in the Settlement Agreement. Note: Anybody that qualified and signed up for just this B settlement agreement would have received $36.89 payment to their PayPal or Venmo account around March 4, 2021.

2) The California Class includes all persons who purchased Bumble Boost, within California, at any time between November 13, 2014 and July 15, 2020, and had their credit card, debit card, and/or a third-party payment account charged as part of Bumble's automatic renewal program or continuous service program. This is referred to as the "ARL Settlement Class" in the B Settlement Agreement. California class members would each have received a payment amount between $43 and $85.

If you are in both the Nationwide Class as well as the California Class, you will receive payments from both classes if you have made a valid claim. 

The deadline to file a claim was November 23, 2020.

What does the Bumble Boost Class Action Settlement Agreement Provide?

The Bumble Boost Subscription class-action settlements established a $22.5 million USD fund, which will be used to pay Settlement Class Members (described above) after deductions for amounts that the Court may approve for notice and administration of the Settlement attorney's fees and expenses and service awards for the Class Representatives.

Below is a chart of your legal rights in the Bumble Boost Class-Action Lawsuit:

Your Legal Rights to Submit a Claim against Bumble