www.classaction.org Benworth Capital Partners Data Breach Settlement Offers Up to $5K to Victims
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- •Benworth Capital Partners' data breach occurred in May 2025, affecting sensitive customer information.
- •Eligible claimants can receive up to $5,000 for documented losses or $50 without proof.
- •The settlement includes one year of free credit monitoring for all affected individuals.
Benworth Capital Partners, a hard money lender, experienced a data breach in May 2025 that compromised sensitive customer information. A class action lawsuit was filed against the company, alleging inadequate protection of this data. The settlement, which received preliminary court approval on August 28, 2026, allows affected U.S. residents to claim up to $5,000 for documented losses related to identity theft or fraud due to the breach. Alternatively, claimants can receive a cash payment of $50 without proof of loss. All claimants will also receive one year of free credit monitoring. The deadline for filing claims is December 21, 2026, with a final approval hearing scheduled for January 5, 2027. The breach has raised concerns about data security in the financial sector.
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