Your Path to Compensation: The Numbers Game
The settlement creates two separate compensation pools – one for each breach – with payouts structured in tiers based on the level of documentation you can provide. AT&T customers whose data was compromised in either of two data breaches, or both, are eligible to file a claim that could provide up to $7,500.
Here’s how the payout structure works:
Maximum Compensation Track ($7,500): To qualify for the highest payout, you must provide “documentation that the losses are fairly traceable” to the data breaches. This could include evidence of identity theft, fraudulent charges, credit monitoring costs, or other financial harm directly linked to the incidents.
Pro Rata Distribution: If you can’t or don’t want to provide extensive documentation, you can still claim a share of the remaining settlement funds. This amount will depend on how many people file claims, but it’s likely to be significantly lower than the maximum payout.
The mathematics are straightforward but sobering. With tens of millions of potentially eligible customers and a finite settlement pool, those who file early and with proper documentation are most likely to see meaningful compensation.
