Consumers Who Shopped at Target from November 27 through December 18, 2013 or Received Notice That Their Personal Information Was Compromised Could Get Money for Losses from a Data Breach Settlement

MINNEAPOLIS, June 1, 2015 /PRNewswire/ -- The following is being released by the Settlement Administrator about the lawsuit In re Target Corporation Customer Data Security Breach, MDL No. 14-2522.

A Settlement has been proposed in lawsuits against Target Corporation ("Target") related to Target customers whose credit/debit card information or personal information was stolen as a result of a data breach that was first disclosed on December 19, 2013 ("Target Data Breach").

Consumers are included in the Class if:

1. They shopped at a Target store and used their credit or debit card from November 27-December 18, 2013;
2. They provided their contact information to Target before December 18, 2013;
3. Their bank, credit card company, or other financial institution issued them a new credit or debit card shortly after December 2013 and informed them that their old card may have been compromised; or 
4. They received a notice directly about the Target Data Breach.

A $10 million Settlement Fund will provide payments to consumers who have had losses caused by the Target Data Breach.  Eligible consumers can choose between two types of payments: 

1. If they have documentation, they can be reimbursed (up to $10,000) for the following losses:

• Unauthorized, unreimbursed charges on their credit or debit cards;
• Costs to hire someone to help correct their credit report;
• Higher interest rate on an account or higher interest fees that they paid;
• Other costs caused by loss of access or restricted access to funds;
• Fees paid on their accounts (such as late fees, declined payment fees, overdrafts, returned checks, customer service, or card cancellation or replacement);
• Credit-related costs (such as buying credit reports, credit monitoring or identity theft protection, or costs to place a freeze or alert on their credit report);
• Costs to replace their driver's licenses, state identification cards, social security numbers, or phone numbers; or
• Other costs or unreimbursed expenses as a result of the Target Data Breach.

2. If they have suffered losses caused by the Target Data Breach but do not have documentation, they may be eligible for an equal share of the Settlement Fund remaining after payment of claims for documented losses.  For example, if the total of service payments awarded by the Court plus documented claims adds up to $1 million and 300,000 Settlement Class Members submit valid claims without documentation, each of these Settlement Class Members will receive an equal $30 share of the Settlement Fund.  The amount of actual payments will depend on the amount of claims received.

Important Information and Dates:

• Class Members must submit a Claim Form online or by mail by July 31, 2015.
• Class Members who want to keep their right to sue Target over the issues in this case must exclude themselves from the Settlement.  Requests for exclusion must be postmarked no later than July 31, 2015. 
• Class Members can object to the Settlement no later than July 31, 2015.
• More specific information about how Class Members exclude themselves or object to the Settlement is available in the Detailed Notice available at www.TargetBreachSettlement.com.
• The Court will hold a hearing on November 10, 2015 to consider whether to approve the Settlement, a request for attorneys' fees and costs up to $6,750,000 to be paid by Target, and service payments of up to $500 each for the Settlement Class Representatives (up to $1,000 each for three Class Representatives who were deposed). 

For more information about the Settlement or to file a claim, visit www.TargetBreachSettlement.com, call 1-866-680-5931, or write to: Settlement Administrator at Target Data Breach Settlement, P.O. Box 2239, Faribault, MN 55021-1639.

Source: Settlement Administrator, Rust Consulting, Inc.

SOURCE Rust Consulting, Inc.