AMERICANS will receive a huge $275 payout in a huge settlement.
The good thing is that eligible applicants do not need to request payment.
Charter Financial Publishing Network has agreed to a $1 million settlement to address allegations it shared subscriber information with third parties in violation of Michigan privacy laws by Superior Class Shares.
Michigan residents who subscribed to any of the Charter Financial Publishing Network publications before July 31, 2016 will be able to benefit from this agreement.
This also applies to those whose subscription details were disclosed without consent between 25 April and 30 July 2016,
Charter Financial allegedly disclosed subscriber information without proper consent.
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The action sparked a privacy class action lawsuit under the Michigan Personal Privacy Preservation Act.
HOW MUCH YOU WILL RECEIVE
Although Charter Financial denies any wrongdoing, it opted for a $1 million settlement to resolve the matter.
Under the settlement terms, eligible class members can expect to receive an equal share of the net settlement fund.
The estimated amount to be returned is valued at $275 per student by the class attorney.
Actual payouts may vary depending on the total number of participating consumers.
The deadline to withdraw or raise objections was May 19, 2024.
Meanwhile, the final approval hearing for the agreement is scheduled for June 26, 2024.
Those who received a settlement notice in the mail do not need to file a claim to receive payment.
A check will be sent to the registered address.
However, those who have not received such notification must submit a valid complaint form by June 12, 2024.
Eligible participants include Michigan residents who subscribed to Charter Financial Publishing Network publications before July 31, 2016.
It also includes those whose subscription information was disclosed without consent between April 25 and July 30, 2016.
OTHER AGREEMENTS
Class action lawsuits provide consumers with a means of seeking redress following alleged misconduct, often arising from incidents such as data breaches.
Roper St. Francis Healthcare, a healthcare provider, faces significant liquidation proceedings due to unauthorized disclosure of customer data.
The company must pay $1.5 million to address allegations of inadequate protection of confidential information.
Similarly, Avem Health Partners is compensating affected parties after a comparable data breach, with a settlement worth $1.45 million.
Vivint, a provider of home security services, is also facing consequences for alleged misconduct.
The accusations include creating fraudulent accounts using user data, leading to a substantial financial settlement.
Additionally, individuals may be eligible to receive a $5,200 payout from a life insurance company.
This story originally appeared on The-sun.com read the full story
