Abbott Laboratories Employees Credit Union Data Breach Settlement
Last verified July 12, 2026Source: claimdepotHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was September 3, 2026. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Abbott Laboratories Employees Credit Union ("ALEC") experienced a targeted cyberattack on its computer systems in August 2024. Files containing private information such as names, financial account information, and Social Security numbers were accessed. ALEC denies wrongdoing, and the parties agreed to settle to avoid the costs and risks of ongoing litigation.
Do you qualify?
Class members are individuals identified in ALEC's records whose private information was compromised in the August 2024 data incident. These individuals may have received a prior notice from ALEC about the data breach.
What you can claim
Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.
Reimbursement for Out-of-Pocket Losses
$2,500 eachUp to $2,500.00 for actual, documented out-of-pocket losses due to the Data Incident occurring between August 2, 2024, and September 3, 2026. Covers expenses such as identity theft or fraud losses, credit monitoring fees, ID replacement costs, and postage. Requires proof like bank statements or receipts.
Pro Rata Cash Payment
A one-time cash payment divided equally among all Settlement Class Members who submit a valid claim. No proof or explanation is required to claim this payment.
Who is in the class
All individuals residing in the United States who were sent a Breach Notice stating that their Personal Information was potentially compromised in the Data Incident discovered by ALEC on or about August 2, 2024.
Quoted from the settlement notice.
How to file
Submit a Claim Form by September 3, 2026. You can submit it online at the website, download and mail it to the Settlement Administrator, or call or email the Settlement Administrator to request a paper copy.
Common questions
- How much does the Abbott Laboratories Employees Credit Union Data Breach Settlement pay?
- The total settlement fund is $150,000. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the Abbott Laboratories Employees Credit Union Data Breach Settlement?
- This settlement is closed to new claims — the deadline was September 3, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the Abbott Laboratories Employees Credit Union Data Breach Settlement?
- No. You can file without a receipt or proof of purchase. You attest that you qualify and submit basic details, though claims are still subject to review and submitting a false claim is a crime.
- Is the Abbott Laboratories Employees Credit Union Data Breach Settlement notice real, or a scam?
- Simpluris is the settlement administrator for this case. Claims are filed at alecdatasettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Abbott Laboratories Employees Credit Union Data Breach Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for September 18, 2026; no payments can be issued before a settlement receives final approval.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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