Some of which you may qualify for a settlement payment before the deadline arrives. In today’s digital age, digital breaches and violations are becoming increasingly prevalent. As the world shifts to become more online, cybersecurity demands have also increased, with cybercrime being one of the fastest-growing sectors of all time. In light of increased cybercrime, large companies and entities have an obligation to their clients to protect sensitive information. Should they not have the proper security measures in place, this can put them at risk for large class action lawsuits from plaintiffs.
How do class action lawsuits work?
A class action lawsuit is done when a group of individuals decide to pursue legal justice against a defendant together instead of doing so individually. The power in this lies in the fact that often, a single individual pursuing legal action against a large corporation or entity does not have access to the same resources or influence. When many plaintiffs band together to seek legal justice, they make their position and case much stronger.
Generally, in a class action lawsuit, the defendant settles with plaintiffs, whereby the collective group shares the financial compensation paid out by the defendant. While this may mean you may not receive as high a compensation as if you pursued legal action alone, it does mean that your chances of receiving any financial compensation are severely increased.
Receive $10,000 before this deadline
Recently, Rite Aid decided to settle a $6.8 million class action lawsuit with plaintiffs. Rite Aid is a pharmaceutical chain with over 1,200 stores across the US. In July 2024, plaintiffs filed a class action lawsuit against Rite Aid, alleging that the company failed to protect their personal information from a cyberattack, where the identity information of over two million customers was exposed.
When cyberattacks like this occur, it means that your identity information is at risk of being sold on the dark web, increasing the risk for financial fraud and loss, and could mean long-term credit damage and other legal problems. As such, when attacks like these occur, it places companies and corporations in a difficult position as not only have they fallen short on their clients’ trust, but it also puts them under intense public outrage.
As part of the settlement, plaintiffs can receive either a documented loss payment or a cash fund payment. Documented loss payments are capped at $10,000 per plaintiff. Cash fund payments will vary in amount depending on the number of claims filed and how much of the settlement fund remains once the documented loss payments have been paid out.
To be part of this settlement and potentially receive up to $10,000 in damages, you must submit a valid claim before July 7, 2025. The final approval hearing is scheduled for July 17, 2025.
How do I know if I am eligible to receive a settlement?
Eligible plaintiff members must meet the following criteria to be included in the settlement:
- You received a data breach notification from Rite Aid in June 2024
- Your personal information was compromised or exposed in the June 2024 data breach settlement
To be eligible to receive up to $10,000 in documented losses, you must ensure that you have records of your expenses and losses incurred due to the data breach. These can include bank statements, credit card statements, invoices, telephone records, screenshots, and receipts. Incidents like these are a reminder that is it essential to always keep an accurate record and history of your financial activity in order for you to not only be aware of any fraud occurring but also to ensure that you always have proof of said fraud in order to be compensated.
For more information about this settlement, you can visit Top Class Actions and get informed about how to file a claim
Disclaimer: You should not submit false or inflated claims under penalty of perjury, as class‑action claim forms historically required declarations signed “under penalty of perjury” to ensure authenticity. Submitting a fraudulent claim not only carries legal exposure—including potential civil and criminal sanctions—but also harms other eligible class members by diluting the available settlement pool.
