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Timios Data Breach Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

Timios, Inc. is settling a class action that claims it bears responsibility for the data breach that occurred in its systems over July 19-25, 2021. The complaint alleged that criminals attacked the company, encrypted some of its systems, and gained access to personal information, such as Social Security numbers, driver’s license numbers, passport numbers, financial account information, and payment card numbers, among other things.

Docket Number:

2:21-cv-08661-VAP-JC

Company: Timios, Inc.

Filing Deadline: September 7, 2022

Class Period: July 19, 2021 to July 25, 2021

Objection Deadline: August 8, 2022

Exclusion Deadline: August 8, 2022

Final Approval Hearing: October 17, 2022

Proof of Purchase:

If you are making a claim for Expense Reimbursement or Extraordinary Expense Reimbursement, you must provide documentation.

Eligibility:

You may be eligible if Timios mailed the notice to you announcing that between July 19, 2021 and July 25, 2021, Timios was the subject of a cyberattack.

If you are in the above class and you were living in California between July 19, 2021 and July 25, 2021, you may be a member of the California Settlement Subclass and eligible for an additional benefit.

Typical Settlement Amount:

Four benefits: (1) Expense Reimbursement: Up to $500 for documented out-of-pocket expenses and/or up to three hours of lost time at $20 per hour for dealing with the data breach. (2) Extraordinary Expense Reimbursement: Up to $3,000 for reimbursement of documented losses more than likely caused by the data breach. (3) Eighteen months of identity theft protection. (4) For California Settlement Class members, $50 (which will be considered part of the $500 available for expense reimbursement).

Total Settlement Amount: Unknown

Class Representative Proposed Incentive Fee:

$2,500

Law Firm:
Arnold Law Firm – Clayeo C. Arnold

Claim Form: Timios Data Breach Settlement Claim Form

Case Name: Schellhorn, et al. v. Timios, Inc.

Settlement Website: Timios Data Breach Settlement Website

Claims Administrator:
Kroll Settlement Administration, LLC

Claims Administrator Contact Information:

Schellhorn et al. v. Timios, Inc
c/o Kroll Settlement Administration, LLC
PO Box 225391
New York, NY 10150-5391
833-620-3584

Tags: Exposing Private Information, Exposure to cyber crime, Your Privacy