Radius Financial Group Data Breach Settlement: Is It Legit? Read This
Did you receive the Radius Financial Group Data Breach Settlement email? It is not a scam. You received the mail because you filed a claim.
Radius Financial Group is paying out $375,000 to wrap up a class action lawsuit. Why? Because they’re being accused of not doing enough to stop a data breach that happened back in 2021. That’s what’s on the table for this settlement.
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Who Is Eligible For The Radius Financial Group Data Breach Settlement
It’s folks whose personal info got caught up in that data breach at Radius Financial Group back in July 2021.
Now, the class action lawsuit is saying, Radius Financial Group could’ve stopped this breach if they’d just used some decent cybersecurity measures. Because they didn’t, hackers apparently got their hands on stuff like Social Security numbers. That’s a pretty big deal.
And in case you’re wondering, Radius Financial Group is a mortgage lender that does business on a national scale and offers all sorts of financing services.
How Much Is The Settlement
Here’s the deal: Radius Financial Group is saying, “We didn’t do anything wrong, but let’s settle this.” They’re coughing up $375,000 to wrap up that data breach class action lawsuit.
Now, if you’re in the class, you’ve got some options. You can get up to $325 for regular losses caused by the data breach. That could cover things like bank fees, communication costs, credit expenses, and even up to four hours of your time at 25 bucks an hour. That’s not too shabby.
And here’s the kicker: If you actually lost some money because of this whole situation, you might be looking at up to $2,500. So, it’s all about making things right for the folks affected by this data breach.
How To File A Claim
If you are eligible, fill out a valid claim form before the deadline Dec. 7, 2023.
Click here to fill out a form.
Conclusion
Guarino v. Radius Financial Group Inc., Case No. 2283CV00196, is not a scam. Just like Journey’s unsolicited text message settlement, Radius Financial Group is paying out $375,000 to wrap up a class action lawsuit. Why? Because they’re being accused of not doing enough to stop a data breach that happened back in 2021. That’s what’s on the table for this settlement.