To: All individuals identified by SN Servicing Corporation and to whom SN Servicing Corporation sent notice that their information may have been exposed in the Security Incident defined below (the “Settlement Class Members”).
A proposed Settlement has been reached in a class action lawsuit titled, Schmitt v. SN Servicing Corporation, Inc., Case No. 3:21-cv-03355-WHO (N.D. Cal.). The lawsuit asserted claims against Defendant SN Servicing Corporation related to a data security incident whereby third parties may have accessed Defendant’s customers’ personal information in connection with unauthorized access to Defendant’s electronic files on or about October 15, 2020 (the “Security Incident”). SN Servicing Corporation notified consumers about the Security Incident in January and July 2021. Defendant denies all of the claims and denies that it did anything wrong.
The Settlement offers payments to Settlement Class Members who were sent notice that they were potentially affected by the Security Incident. The amount paid will depend upon how many people submit valid claims and whether:
- the Settlement Class Member potentially had their Social Security Number exposed in the Security Incident (preliminarily set at $75.00 per Settlement Class Member in this category and subject to adjustment based on the number of claims made); or
- the Settlement Class Member potentially had their personal information, but not Social Security Number, exposed in the Security Incident (preliminarily set at $25.00 per Settlement Class Member and subject to adjustment based on the number of claims made).
If you are a Settlement Class Member, your options are:
SUBMIT A CLAIM FORM DEADLINE:
|You must submit a valid claim form to receive a payment from this Settlement. The deadline to submit a Claim Form is October 16, 2022.|
|You will receive no payment and will no longer be able to sue Defendant over the claims resolved in the Settlement.|
EXCLUDE YOURSELF DEADLINE:
|You may exclude yourself from this Settlement and keep your right to sue separately. If you exclude yourself, you receive no payment. Exclusion instructions are provided in this notice. The deadline to exclude yourself is September 21, 2022.|
|If you do not exclude yourself, you may write to the Court to state why you do not like the Settlement by following the instructions in this notice. The Court may reject your objection. You must still file a claim if you desire any monetary relief under the Settlement. The deadline to object to the Settlement is September 21, 2022.|
The court must give final approval to the settlement before it takes effect, but has not yet done so. No payments will be made until after the court gives final approval and any appeals are resolved.
Please review the notice carefully. You can learn more about the Settlement by calling 1-844-846-4648.