The Settlement provides for payments to people who submit valid claims for reimbursement of documented out-of-pocket losses as a result of the Data Incident up to a maximum of $700 per person; compensation for up to 3 hours of lost time at $20 per hour for time spent responding to issues raised by the Data Incident (with any payment for lost time counting towards the $700 cap); a Settlement Class Member who was the victim of actual documented identity theft will be reimbursed for proven Extraordinary Losses up to a maximum of $5,000 per person if the loss is an actual, documented and unreimbursed monetary loss; the loss was more likely than not caused by the Data Incident; the loss occurred between November 9, 2021 and the Date of the Settlement Agreement; the loss is not already covered by one of the normal reimbursement categories and the Settlement Class Member made reasonable efforts to avoid or seek reimbursement for the loss, including but not limited to exhaustion of all available credit monitoring insurance and identity theft insurance; and 30 months of free credit monitoring services; and 30 months of credit monitoring.

Out-of-pocket expenses incurred as a result of the Data Incident include (by way of example): bank fees, long distance phone charges, cell phone charges (only if charged by the minute), data charges (only if charged based on the amount of data used), postage, or gasoline for local travel, fees for credit reports, credit monitoring, other identity theft insurance product purchased on or after November 9, 2021 through the date of the Settlement Agreement, or any other expense reasonably related to the Data Incident. All out-of-pocket expenses claimed must be reasonably related to the Data Incident.

Compensation for lost time requires (i) an attestation that any claimed lost time was spent responding to issues raised by the Data Incident; and (ii) a statement of the number of hours  spent (up to a maximum of 3 hours).

Compensation for Extraordinary Losses shall be paid only if the Settlement Class Member was the victim of actual documented identity theft for proven monetary losses and: (1) the loss is an actual, documented, and unreimbursed monetary loss; (2) the loss was more likely than not caused by the Data Incident; and (3) the loss occurred between November 9, 2021 and the date of the Settlement Agreement; (4) the loss is not already covered by one or more of the normal reimbursement categories and the Settlement Class Member made reasonable efforts to avoid, or seek reimbursement for, the loss, including but not limited to exhaustion of all available credit monitoring insurance and identity theft insurance.

Identity Protection and Credit Monitoring Services

The proposed Settlement provides thirty (30) months of credit monitoring services free of charge to Settlement Class members who submit a timely and valid Claim Form.

New Practices

MRIA has also agreed to implement and/or continue remedial measures. For complete details, please see the Settlement Agreement, HERE.

Pro Rata Contingencies

If the aggregate amount of all payments required to be made by MRIA under this agreement would otherwise exceed two million six hundred thousand dollars ($2,600,000.00), then the cost of Settlement Administration shall be paid as a first priority, the cost of Credit Monitoring shall be paid as a second priority, attorneys’ fees and expenses as a third priority,  and all other payments shall be reduced on a pro rata basis, such that the aggregate amount of all payments shall not exceed two million six hundred thousand dollars ($2,600,000.00).