Capital One has approved a data breach class action lawsuit for $190 million. This settlement has resolved claims that the company failed to secure customer data in a 2019 breach. Due to this problem, approximately 98 million customers faced many difficulties.
The company did not accept any wrongdoing but agreed to pay an amount to the affected customer through the class action settlement. This will be the last chance to claim and become a part of the $190 million settlement stemming from a major 2019 data breach.
Capital One Settlement Payment Approved for These People
Capital One will pay $190 million to resolution claims. It is recognized as one of the major fiscal security breaches in the country. According to the bank report, a hacker had stolen the private info of nearly 98 million Capital One consumers and candidates in March 2019. Due to this incident, the customers faced many difficulties and were greatly impacted.
If you are one of the 98 million customers of this bank, and your data and financial details were exposed due to misjudgment by Capital One, then you can expect this compensation soon. If you have the required eligibility for this settlement and have claimed with accurate documents, then you can expect this compensation this year.
Capital One discovered that about 140000 SSNs and 80000 US bank account numbers were exposed, including the customers’ personal information, as well as birth dates, their residential addresses, contact numbers, credit account balances, transactions, and credit scores.
The Bank said that no login info or credit card account number was obtained; meanwhile, one million Canadian credit card customers and candidates had their SIN revealed. Many affected American customers of Capital One are still checking for the new update for the Capital One Class Action Settlement payment date for this year.
Capital One Class Settlement 2025 – Overview
| Article On | Capital One Settlement Payment Approved for These People |
| Country | US |
| Company | Capital One |
| Beneficiaries | Capital One’s Customers |
| Settlement Amount | $190 Million |
| Payout Date | Updating Soon |
| Category | Class Action |
| Official Website | capitalonesettlement.com |
Capital One Class Action Settlement Amount and Payment Details
This settlement will be a major action that has been taken to promote fairness within the banking sector, emphasizing customers’ rights and ethical practices. The bank aims to provide financial relief and more than importance on transparency in the financial transactions. You can know the specific payment details and conditions of this settlement.
Maximum Payout: Capital One will provide financial benefits to eligible claimants for up to $25000 based on the fees they were charged and the validity of their claims.
Total Settlement Amount: This settlement will provide $16 million for those individuals whose claims have been approved by this settlement.
Updates: Claimants can get these benefits as on their experience with the data leaked. You can stay on the authorized portal to study more about the latest info for this settlement.
Eligibility for $190 Million Class Action Settlement 2025
Capital One has several strict eligibility requirements to provide this settlement amount. Individuals who have faced major effects about their missing SSN and account numbers can get a settlement amount as per their eligibility.
● An individual must have had a Capital One account under this lawsuit between April 12, 2022, and September 1, 2025.
● An individual must have a valid residency proof of the US who had a credit card or Capital One banking account at the time when the hacker stole the personal information, along with SSN and account numbers.
● An individual must prove the financial loss related to this data breach. If you have a valid document with a statement of financial loss, then you are eligible to receive this amount.
● An individual must have submitted a legal claim and any accompanying paperwork before the deadline. It is very compulsory to submit your claim as per the bank’s deadline.
About $190M Capital One Class Action Settlement
Many cases were filed alongside Capital One and Amazon. In reaction to the data breach, the private info of nearly 98 million American customers was taken from Capital One’s AWS cloud storing. Millions of American customers of this bank have faced this problem and filed claims against the bank.
This case elaborates a wide encounter, including the evaluation of about 3 million sheets of paper. After enduring a wave to terminate and undergoing four mediation periods in 2021, the bank extended a settlement arrangement in January 2022.
The settlement had established a $190 million amount for the affected customers of Capital One Bank. This settlement allows class fellows to pursue compensation for their damages straight attributable to the data breach. This settlement ensures that class members were fully or nearly reimbursed.
Financial Support for Class Members
The Class Action Lawsuit 2025 allows the impacted people to claim this compensation. An individual can receive these benefits as per the conditions of this settlement. This settlement amount will support the impacted people in recovering their losses.
Due to this misjudgment, many claimants are facing several kinds of problems, including unauthorized transactions or expenses related to the monitoring of their personal information. People are expecting to receive a high benefit amount through this settlement.
Out-of-Pocket Losses: Affected customers can demand to cover their losses for unauthorized transactions or expenses related to credit monitoring of their details.
Lost Time Compensation: Under this settlement, time spent addressing issues caused by the breach was valued at $25 per hour, and with claims capped at 15 hours.
Maximum Payout: The settlement has set a limit for maximum payout; verified claims could end up to $25000, covering identity theft and related losses.
Fact Check: Capital One Settlement Payment
To get this compensation from Capital One’s Settlement, you must have valid documents of your accounts where you have found the problem of data breach. Individuals can expect this settlement payment after the court’s final approval of this lawsuit. For more details about this settlement, you can access Capital One’s official portal.
| Official Website | Click Here |
| Homepage | blacksea-commission.org |
