Cybersecurity

The case is based on a severe data breach that occurred in September 2023, during which an unauthorized party accessed highly sensitive personal information, including clients’ Social Security Numbers (SSNs) and medical records. Plaintiffs alleged that Keenan failed to uphold its fundamental duty of care and acted with negligence in protecting this private data. The agreed-upon $14,000,000 Settlement Fund has been established to compensate the class, which includes cash payments, reimbursement of documented losses up to $10,000 per class member, and the provision of three years of Credit Monitoring and Insurance Services (CMIS). Crucially, while the Settlement Agreement has been electronically filed with the Court (on 12/26/2024) , it is subject to Court approval. All litigation proceedings are currently stayed pending the Final Fairness Hearing and the Court's entry of the Final Approval Order and Judgment. The case is therefore technically still open until the Effective Date of the Settlement occurs.