Americans can now claim up to $5K in this lawsuit settlement after a company agreed to a massive data breach payout.
Lincare Holdings, a medical device company, is paying out millions after a data breach settlement.
The settlement followed a leak of patients’ personal information back in 2021.
After the breach, patients sued, bringing a class-action lawsuit that alleged the company could have prevented the hack, according to Top Class Actions.
Now, Lincare is paying out $7.25 million in amounts up to $5,090 to settle the lawsuit.
The company did not admit any wrongdoing.
The deadline to file a claim is April 15, 2024.
Lincare Holdings manufactures devices to treat asthma, COPD, and other respiratory diseases.
The class action lawsuit impacts anyone whose data may have been leaked by the 2021 breach.
The court, which is managing the settlement, needs proof of certain expenses before paying anyone.
These can include invoices and receipts for credit monitoring services, according to the settlement website.
Anyone who qualifies for the cash can also opt for free credit monitoring for a year.
You can also be reimbursed for up to four hours of lost time at work, with a value of $80.
Those who lived in California at the time of the data breach can qualify for an extra $90.
The top payouts may be $5,090 in total.
Claim forms can be mailed to the settlement administrator at:
Lincare Holdings Inc. Class Action
c/o Kroll Settlement Administration LLC
PO Box 225391
New York, NY 10150-5391
Claims can also be submitted online.
Thanks in part to the strict privacy requirements surrounding medical information, millions are going out to patients over data breaches.
Wright & Filipps, a prosthetics company, also recently agreed to pay $2.9 million after a data breach.
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Other Economy News Today
A food delivery service is now at high risk of bankruptcy after its business model failed to keep up with its innovative competitors.
Back when it was known as Waitr, the company that later became ASAP became a fast success in the food-delivery space.
The company, which listed on Nasdaq in 2018, offered delivery services in 500 cities across 22 states.
Rebranded as ASAP, the company fell out of compliance with Nasdaq, and despite a short-term covid lockdown comeback, it has struggled for years, reports TheStreet.
Now, the company has officially closed its doors.
Visitors to ASAP’s homepage are greeted with a letter that’s headlined “Goodbye for now.”
“With a heavy heart, we share the news of the closure of our delivery and carryout business,” the company posted.
“After years of dedicated service, we’ve made the tough decision to cease operations.
We write to you today filled with gratitude for your unwavering support and loyalty throughout our journey.”
The former Waitr adopted the ASAP name in 2022 to signal a change in its business model.
“ASAP’s new vision is delivering to consumers, same day, from any type of business,” the company said at the time.
“In preparation for the rebrand, the company accelerated the expansion of its services in recent weeks, signing agreements to launch delivery of a wide variety of items such as alcohol, sporting goods, luxury apparel, auto and electrical parts, and other need it now products.”
Uber, DoorDash and others have also experimented with the model, but it’s also a crowded space with Instacart as the established leader.
It was not a success for ASAP, which on April 1 filed an 8-K with the Securities and Exchange Commission detailing its shutdown and potential next steps.
“On the evening of March 29, 2024, the online ordering services segment of Waitr Holdings Inc. which includes operations related to the company’s technology platform for online ordering, ceased operations with respect to carryout services,” according to the post.
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Also Read: A Massive Essential Retailer Is Now Closing 160 Locations
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