From 03/30/17 Cuna News:
Credit unions have until April 18 to file a claim, request to opt out or object to the settlement reached between plaintiffs and Kmart in a data breach lawsuit.
A data breach was detected at Kmart in October 2014 and could have affected the cards of anyone who shopped with a credit or debit card between September and Oct. 9, 2014.
The U.S. District Court for the Northern District of Illinois preliminarily approved a settlement of $5.2 million in February. In addition, Kmart has agreed to take several steps to protect card data going forward.
More information is available on the settlement website.
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Options available from the Notice:
Submit a Claim Form: The only way to get a payment from the Settlement Fund. The Visa or MasterCard assessments have been distributed subject to Visa’s and MasterCard’s procedures.
Request Exclusion: Get no payment from the Settlement Fund. This is the only option that may allow a Class Member to sue Kmart of the claims being resolved by this Settlement.
Object: Write to the Court with concerns about the Settlement.
Go To A Hearing: Ask to speak in Court about the fairness of the Settlement.
Do Nothing: Get no payment from the Settlement Fund and give up right to ever be part of any other lawsuit against Kmart about the claims being resolved in this settlement.
