LA Financial Data Breach Settlement
$50–$5,100
Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was August 5, 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
LA Financial Federal Credit Union experienced a data breach on or about June 10, 2024, that compromised the personally identifiable information (PII) of settlement class members, including names, Social Security numbers, driver's license numbers, passport numbers, account numbers, payment card numbers, and other sensitive data. The defendant has agreed to a $725,000 settlement to address the breach.
Do you qualify?
All living individuals residing in the United States whose personally identifiable information (PII) was compromised in the LA Financial data breach on or about June 10, 2024, including all those who received notice of the 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.
Documented Loss Payment
$5,000 eachReimbursement for losses fairly traceable to the Data Security Incident, available to all Settlement Class Members who provide appropriate documentation.
Alternative Cash Payment
$50 eachA pro rata cash payment available to Settlement Class Members who do not provide documentation, as an alternative to the Documented Loss Payment.
California Statutory Award
$100 eachAn additional cash payment available to Settlement Class Members who resided in California between June 10, 2024, and August 5, 2026.
Credit Monitoring Services
Two years of free credit monitoring services available to all Settlement Class Members.
Who is in the class
All living individuals residing in the United States whose PII was compromised in the Data Security Incident, including all those who received notice of the breach.
Quoted from the settlement notice.
How to file
Submit a Claim Form by August 5, 2026. You can claim a pro rata cash payment (estimated $50 or more) without documentation, or documented losses up to $5,000 with proof. California residents from June 10, 2024 to August 5, 2026 may also claim an additional $100 statutory award. Visit the settlement website to submit your claim.
Common questions
- How much does the LA Financial Data Breach Settlement pay?
- Estimated payout: $50–$5,100. The total settlement fund is $725,000. 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 LA Financial Data Breach Settlement?
- This settlement is closed to new claims — the deadline was August 5, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the LA Financial 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 LA Financial Data Breach Settlement notice real, or a scam?
- Claims are filed at lafinancialsettlement.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 LA Financial 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 July 20, 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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