Cuso Financial Services $1.75 Million Data Breach Settlement

Cuso Financial Services $1.75 Million Data Breach SettlementIndividuals whose information the Cuso Financial Services data breach impacted may be eligible to claim a cash payment from a class action settlement.Cuso Financial Services $1.75 Million Data Breach SettlementWeekly NewsletterClass actions settlements delivered to your inbox.Thank you! Check your inbox for a welcome email.Oops! Something went wrong while submitting the form.William C. GendronEditor in ChiefPublishedSeptember 1, 2026 1:26 PMUpdatedSeptember 1, 2026Join the DiscussionIndividuals whose private information the Cuso Financial Services LP data breach that occurred between Dec. 19, 2023, and Jan. 19, 2024, may have compromised and who received notice of the cyberattack may be eligible to claim a cash payment from a class action settlement.Cuso Financial Services agreed to pay $1.75 million to settle a class action lawsuit alleging negligence and related claims stemming from a cybersecurity incident involving a third-party service provider. LPL Financial acquired Cuso Financial Services in 2025.Who can file a claim?Class members are individuals residing in the United States who personal data the Cuso Financial Services cyber security incident impacted, including those who received notice of the incident. The settlement class is divided into two groups:Nationwide class: All individuals in the United States whose data Cuso's systems stored and whom the cybersecurity incident impactedCalifornia subclass: All members of the nationwide class who were California residents at the time of the incidentHow much are settlement payments?Class members have the following benefit options:Reimbursement for documented losses: Class members can claim up to $5,000 for reasonable, documented out-of-pocket losses that are fairly traceable to the cybersecurity incident. Eligible expenses include unreimbursed costs incurred on or after Dec.