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Krispy Kreme Agrees to $1.6 Million Data-Breach Settlement

Payments hinge on court approval because claimants must file by June 22 and submit documentation to receive larger payouts.

Overview

  • A proposed $1.6 million class-action settlement resolves claims from a November 2024 breach that exposed names, birth dates, Social Security numbers and financial-account data.
  • U.S. residents who received a mailed or emailed notice saying their information may have been affected are eligible to participate and must file claims by June 22 to receive cash payments.
  • Claimants who document fraud or identity-theft losses can seek up to $3,500 while those without proof are eligible for an estimated $75 payment, with final amounts depending on the number of valid claims.
  • All eligible class members are entitled to 12 months of free credit monitoring that requires an activation code included with mailed notices and does not require submitting a claim form.
  • A federal judge will hold a final-approval hearing on July 6 and no money or monitoring will be distributed until the court approves the deal and any appeals are resolved.