Settlement Structure: Claims Made
Active: Closed
Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
Case Summary:This settlement resolves the financial institutions track of a class action against Sonic, LLC (formerly Sonic Corporation), Sonic Industries Services, Inc., Sonic Capital, LLC, Sonic Franchising, LLC, Sonic Industries, LLC, and Sonic Restaurants, Inc. The financial institutions pursuing this part of the litigation allege that that Sonic is responsible for an intrusion into its point-of-sales systems that is believed to have taken place between April 7, 2017 and October 28, 2017, which allowed hackers to steal the payment card information of the customers who used the point-of-sale machines.
Docket Number:MDL Case No. 1:17-md-02807-JSG
Company: Sonic Corporation
Filing Deadline: September 7, 2022
Class Period: April 7, 2017 to October 28, 2017
Objection Deadline: September 7, 2022
Exclusion Deadline: September 7, 2022
Final Approval Hearing: October 6, 2022
Proof of Purchase:Financial institutions must submit a valid claim form and document their claims.
Eligibility:You may be eligible if you are a bank, credit union, or financial institution in the US that received notice and took action to reissue credit card or debit cards or reimbursed a compromised account from any card brand in the Sonic Data Breach.
Typical Settlement Amount:Benefits: $1 for each Eligible Alerted-On Payment Card reissued or $1.50 for each Eligible Alerted-On Payment Card that experienced fraud in the four-week period after its first appearance on a Card Brand Alert. (Institutions must choose either a reissuance payment or a fraud payment and cannot choose both.) Sonic will pay up to a total of $3 million on a claims-made basis. For further information, see the Notice at http://www.sonicdatabreachfinancialinstitutionsettlement.com/media/3853531/v4_s3n_notice_060622_final.pdf.
Total Settlement Amount: Up to $5,730,000
Class Representative Proposed Incentive Fee:$30,000 in total
Law Firms:
Berman Fink Van Horn, PC
Zimmerman Reed
Claim Form: Sonic Data Breach Settlement for Financial Institutions Claim Form
Case Name: In re: Sonic Corp. Customer Data Breach Litigation – Financial Institutions Track
Settlement Website: Sonic Data Breach Settlement for Financial Institutions Website
Claims Administrator:
KCC Class Action Services, LLC
Sonic Corp. Customer Data Breach Litigation
P.O. Box 43434
Providence, RI 02940-3434
888-320-0971