Debt Collector to Pay $5.6 Million to Settle Data Breach Suit

Receivables Performance Management LLC will pay $5.6 million to settle allegations it negligently failed to protect the personal information of nearly 3.8 million people that was exposed in a 2021 data breach.

Members of the nationwide class of breach victims will be eligible for reimbursement of their out-of-pocket expenses related to the incident, including losses from instances of identity theft, the cost of credit-monitoring services, and other miscellaneous expenses, according to the plaintiffs’ motion for final settlement approval.

Class members may also seek reimbursement for up to four hours of lost time related to the breach, at a rate of ...