Cash Payment Eligibility After Data Security Incident by Keenan

Author: Olivia Taylor Updated: 08-01-2025 01:09 PM

Overview of the Class Action Settlement

This article outlines a significant settlement stemming from a data security incident that impacted the customers of Keenan & Associates. Although Keenan has denied any wrongdoing, they have chosen to resolve the case before it escalates to a trial. The case, titled Heath, et al., v. Keenan & Associates, centers on unauthorized access to personally identifiable information (PII) from August 21, 2023, to August 27, 2023.

Who is Considered a Class Member?

If you received a notification from Keenan indicating that your PII may have been compromised, you are classified as a Class Member. This settlement directly affects you, and knowing your rights is essential for potential compensation.

Details of the Settlement

Under the terms of the settlement, Class Members may claim three years of Credit Monitoring and Insurance Services (CMIS). Additionally, they can opt for a payment of up to $10,000 per individual. These payments can help cover documented losses incurred due to the data breach.

How to Make a Claim

To claim your benefits, you can download and submit a Claim Form from the designated website. The submission process can be completed online, via email, or traditional U.S. Mail. It is crucial to submit your Claim Form by October 30, 2025, to secure your eligibility for benefits.

Alternatives and Options for Class Members

You have several options available: do nothing, exclude yourself from the settlement, or formally object to its terms. Choosing the first option means you won’t receive any benefits but will lose your right to pursue further claims. If you choose to exclude yourself, you maintain the option to initiate your own legal action against Keenan. Exclusion requests must be submitted by October 15, 2025.

What to Expect Next

A Final Approval Hearing will take place, where the fairness and reasonableness of the settlement will be determined. This hearing is scheduled for November 14, 2025, and will consider objections and feedback from Class Members during the meeting.

Further Information

For complete details regarding the settlement process, Class Members can visit the official website. A toll-free number is also available to clarify any questions or concerns regarding claims. Remember, it’s important to keep all communications with the court to a minimum; avoid contacting the court directly for information.

Frequently Asked Questions

1. What is the main reason for the settlement?

The settlement stems from a data security incident where unauthorized access to customer information occurred.

2. How can I know if I'm part of the affected group?

If you have been notified by Keenan that your PII was compromised, you are a Class Member entitled to claims.

3. What types of compensation are being offered?

The settlement offers Credit Monitoring services and cash payments for documented losses.

4. What steps do I need to take to claim my benefits?

Download a Claim Form from the settlement website and submit it by the deadline of October 30, 2025.

5. Where can I get more information about the settlement?

You can visit the official website or contact the Settlement Administrator for more details.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

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