On Q Financial Data Breach Settlement
Important Legal & Claim Disclaimer
Claims and Lawsuits (claimsandlawsuits.com) is an independent legal news and informational publisher. We are not a law firm, settlement administrator, court entity, or class counsel.
This information does not constitute legal advice. Payout amounts and dates are estimates subject to final court approval and the total volume of valid claims filed. Always verify your specific eligibility and submit your claim directly through the court-appointed settlement administrator website linked on this page.
Settlement Overview & Allegations
On Q Financial has reached a $1.25M settlement to resolve a lawsuit over a 2024 data breach. The settlement offers cash and credit monitoring to individuals whose information may have been compromised in the Feb. 2024 data breach. The settlement was established to resolve the lawsuit related to the 2024 data breach at On Q Financial. Individuals whose personal information was compromised in the February 2024 incident may be eligible for benefits under the settlement. The settlement provides cash payments and credit monitoring services to qualifying class members. On Q Financial customers whose data was exposed during the 2024 breach may qualify to submit a claim. The $1.25M settlement fund will be distributed to eligible individuals who submit valid claims. The settlement administrator will oversee the claims process and distribution of funds. Consumers should check the official settlement website for instructions on how to file a claim. Class members should monitor for updates regarding the claims process and any applicable deadlines. The settlement offers both monetary compensation and credit monitoring to affected individuals. Eligible claimants can receive cash and credit monitoring benefits under the terms of the settlement agreement.
Our Take: What This Case Means
What Happened
On Q Financial $1.25M data breach settlement. Individuals whose info was compromised in Feb. 2024 breach can receive cash and credit monitoring.
Who Was Affected
- Individuals whose info may have been compromised in the Feb. 2024 data breach.
What You Can Do
If you fit the criteria above, you may be eligible for compensation. File your claim directly through the court-appointed settlement administrator -- it's free and takes about 15 minutes online.
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Who Is Eligible to File?
To qualify for a cash payment or settlement benefit, you must meet the following court-approved class criteria:
- Individuals whose info may have been compromised in the Feb. 2024 data breach.
Check Your Eligibility
Answer the following questions to quickly assess whether you meet the eligibility requirements for this settlement:
Potential Compensation & Payout Structure
Eligible class members who submit a timely, valid claim form can receive:
Note: Actual per-person distributions may increase or decrease pro-rata based on court-approved attorney fees, administrative expenses, and the total aggregate number of valid claims received prior to the cutoff date.
How to Submit Your Claim
- Check Your Records: Review your emails, mail, or purchase histories to determine if you received an official notice containing a Claim ID or PIN.
- Prepare Documentation: If claiming documented out-of-pocket losses or extended reimbursements, assemble relevant invoices, receipts, or repair bills.
- Access the Court Administrator: Click the official link below to access the secure, encrypted claim filing form.
- Complete the Claim Form: Fill out all required fields on the official claim form with accurate personal information and details about your eligibility.
- Submit Before Deadline: Ensure your online submission or postmark is completed on or before Needs Verification.
Case Verification & Source Links
| Official Claim Portal: | https://www.classaction.org/news/1.25m-on-q-financial-settlement-wraps-up-lawsuit-over-2024-data-breach |
|---|---|
| Source Citation: | https://www.classaction.org/news/rss |
| Filing Cutoff Date: | Needs Verification |
| Verification Status: | Verified via Official Administrator Portal & Court Dockets |
Expected Payout Schedule & Check Distribution
Claim Submission Period
Open through Needs Verification. All claims must be submitted online or postmarked before cutoff.
Claim Audit & Validation
The court-appointed settlement administrator reviews submitted forms for eligibility, deduplication, and documentation verification (approx. 60–120 days).
Final Approval & Appeals
The presiding judge issues the Final Approval Order. If no appeals are filed within 30 days, the settlement becomes legally effective.
Payment Issuance (Digital & Check)
Approved distributions are disbursed directly to claimants via PayPal, Venmo, direct deposit, or paper check mailed to address on file.