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Settlement Payment Date | Class Action Lawsuit Eligibility and Appeal Process?

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Settlement Payment Date | Class Action Lawsuit Eligibility and Appeal Process?

Settlement Payment Date | Class Action Lawsuit Eligibility and Appeal Process. If you were one of the 98 million Capital One clients whose personal information was exposed, you might be eligible for a settlement payment. Time is of the essence, and you need to act swiftly.

The deadline to claim your share of the settlement is November 27, 2023, which marks the last date for claiming the Capital One Settlement in 2023. In July 2019, Capital One reported a criminal breach, revealing that their networks had been hacked.

The Capital One Settlement

The Capital One Settlement stems from a cyberattack on the company computer systems in 2019, compromising the personal information of around 98 million American consumers.

The hacked data included names, addresses, bank account balances, credit scores, zip codes, payment histories, and transaction data from 2016 to 2018. Additionally, approximately 80,000 bank account numbers and 120,000 Social Security numbers were exposed.

Capital One Data Breach

Capital One, with about 50,000 employees and USD 28 billion in revenue in 2018, faced a significant data breach in July 2019. Despite improvements in IT infrastructure, the breach resulted in the exposure of personal information for over 100 million people in the US and around 6 million in Canada. Paige A.

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Thompson, a former software engineer for Amazon Web Services (AWS), was identified as the main suspect in the breach.

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Eligibility Criteria for Capital One Settlement 2023

To be eligible for the Capital One Settlement, you must be a resident of the USA whose personal information was accessed during the July 2019 data breach.

This includes individuals who were applicants or customers of Capital One at the time of the breach and had their bank account number, SSN, name, address, or other sensitive information compromised.

Class Action Lawsuit Payment Date and Process

The latest update on the Capital One Class Action Settlement 2023 indicates that the payout date is November 27, 2023. However, there could be delays in the payment process, and the exact settlement date is yet to be determined.

Claimants must accurately complete the Capital One Lawsuit payment form within the specified timeframe to receive their payment. If the payment is not received by the specified date, claimants may have to wait an additional three weeks for the transfer.

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How to Claim/Appeal Settlement from Capital One

The initial claim filing deadline has passed. If you were in the financial queue by September 30, 2022, you should have received an email regarding the settlement. Respond by November 27, 2023, to select your payment option. Every recipient of the message is qualified for the Capital One Settlement 2023 Payment.

If no option is chosen by the deadline, a paper check will be issued within two to four weeks. For additional information, contact the settlement administrator at 1-855-604-181

Conclusion

If you qualify for the Capital One Settlement. With the November 27, 2023 deadline approaching, eligible individuals must respond to ensure their share of the settlement. Don’t miss this opportunity for financial reimbursement.

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