DTS System Class Settlement: Is It Genuine? Find Out
Did you receive the DTS System Class Settlement email? It is not a scam. You received the mail because you filed a claim.
DST Systems and Ruane, Cunniff & Goldfarb are paying more than $124 million because they were accused of not handling an employee 401(k) plan properly. They’re settling to make things right.
Who Is Eligible For The DTS System Class Settlement
So, this settlement helps out people who were in the DST Systems Inc. 401(k) Profit Sharing Plan, both current and past. They’re getting compensated because DST Systems and Ruane, Cunniff & Goldfarb put too much money into Valeant Pharmaceuticals stock in the 401(k). When that stock went downhill, it hurt the plan and the people in it. So, they’re fixing that with this settlement.
How Much Is The Settlement?
So, there was this data breach, and now they’re making things right. If you were affected, you could get $20 for each hour you spent fixing stuff, like changing passwords or dealing with it. They’ll also pay for any money you lost, up to $450 because of identity theft.
If you had big expenses because of the breach, like hiring a detective or lawyer, they might cover up to $2,500 for that. Plus, they’ll give you one year of identity theft protection and credit monitoring for free.
If you don’t like this deal, you have until September 5, 2023, to say so in writing, or you can choose not to be a part of it.
How To File A Claim?
If you want to get a settlement payment. Make sure to fill out a valid claim form by Oct. 12, 2023. That’s the deadline, so don’t miss it!
If you are eligible for the claim click here
Conclusion
In conclusion, Ferguson, et al. v. Ruane Cunnif, et al., Case No. 1:17-cv-06685-ALC-BCM, and Ferguson, et al. v. Robert D. Goldfarb, Case No. 1:20-cv-07092-ALC-BCM, Just like Midwestern pet food settlement ,DST Systems and Ruane, Cunniff & Goldfarb are paying more than $124 million because they were accused of not handling an employee 401(k) plan properly. They’re settling to make things right.
