Current:Home > reviewsParkMobile $32.8 million settlement: How to join class-DB Wealth Institute B2 Reviews & Ratings
ParkMobile $32.8 million settlement: How to join class
lotradecoin trading account types View Date:2024-12-26 00:04:07
The digital parking payment app ParkMobile has agreed to a $32.8 million settlement after a 2021 data breach exposed the information of more than 20 million users.
A proposed class action suit was first filed in Georgia federal court on May 25, 2021, two months after the company initially announced the leak. The suit was filed on behalf of Tyler Baker and "all others similarly situated," and alleged that Baker had experienced "abnormal activity" in his PayPal account linked to ParkMobile and had been forced to spend "valuable time" mitigating these activities, changing passwords and monitoring the account.
ParkMobile was accused of harming impacted consumers long-term by failing to secure their data and therefore exposing them to identity theft, fraud and the need to spend time securing related accounts.
As with any settlement, ParkMobile's agreement to pay does not mean they admitted to wrongdoing, but rather that involved parties decided this was a better course of action than a lengthy trial process. Even so, millions are now up for grabs.
Here's how to claim your compensation in the ParkMobile data breach settlement.
Holiday deals:Shop this season’s top products and sales curated by our editors.
Don't fall for this:The fake QR code scam that aims to take your money at parking meters
2021 ParkMobile data breach
ParkMobile is a mobile and web app that allows users to pay for parking digitally. It was launched in the U.S. in 2009 and has since built out other services, including a parking reservation system, a self-service management platform for parking location owners and operators and integration with Google Maps.
In March 2021, the company announced that it had experienced a "cybersecurity incident linked to a vulnerability in a third-party software." A later lawsuit lodged against the company indicated that the data of roughly 21 million users was compromised.
ParkMobile said in subsequent updates that "sensitive data” information like payment card numbers had not been leaked and users' encrypted passwords were accessed but not the encryption keys needed to read them.
The lawsuit said leaked information included license plate numbers, email addresses, phone numbers, vehicle nicknames and, in a small number of cases, mailing addresses.
Court documents accused ParkMobile of ignoring deficiencies in its security systems, failing to follow industry guidelines and failing to adopt security measures recommended by experts in the field, including the Federal Communications Commission.
In a statement posted to its website Nov. 15, ParkMobile said that it immediately launched an investigation following the incident and "quickly eliminated a third-party vulnerability."
On Dec. 5, it shared a link to the class action settlement on the same webpage.
USA TODAY reached out to ParkMobile for comment.
What's in the ParkMobile settlement?
In total, the settlement adds up to about $32.8 million.
ParkMobile will provide $9 million in funds for class members claiming payments, as well as $300,000 for administration fees. $21 million has also been made available to supply class members with in-app credits if they do not claim a cash payment.
An additional $2.5 million will also be allocated to ParkMobile to implement improved security measures.
Who's entitled to payment in the ParkMobile settlement?
If you received a notification from ParkMobile about the "2021 Data Security Incident," you are considered a settlement class member. Members were also sent notice of this class action settlement via email.
If you received either notice, you are eligible to submit a claim.
How to get your ParkMobile settlement payment
If you received either of the notices mentioned above, you are automatically considered a class member in the settlement.
Eligible members who do nothing will remain part of the settlement but will only receive a code from ParkMobile for a $1.00 credit in the ParkMobile App that is good for up to a year.
Members who would like to receive a cash payment must submit a claim form. Forms can be found and submitted online or via mail. The claim form must be submitted electronically via the settlement website at www.ParkMobileSettlement.com or mailed to: ParkMobile Data Security Incident, Attn: Claim Forms, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103.
Electronic claims must be submitted by March 5, 2025, and physical mail must be postmarked on or before that date. The amount each member can receive is capped at $25.
Members who would like to opt out of the settlement must do so before February 3, 2025. To be excluded, members must send a letter by mail stating that they want to be excluded from the Settlement in Baker, et al. v. ParkMobile, LLC, Case No. 1:21-cv-02182-SCJ to the same address listed above.
An approval hearing will be held at 10:00 a.m. on March 13, 2025, to officially greenlight the settlement.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (427)
Related
- 'Truffles is just like me:' How a Pennsylvania cat makes kids feel proud to wear glasses
- Tens of thousands of Israelis stage largest protest since war began as pressure on Netanyahu mounts
- Complications remain for ship that caused Baltimore bridge collapse | The Excerpt
- Anya Taylor-Joy Reveals Surprising Detail About Her and Malcolm McRae's “Secret” Wedding
- Collin Gosselin Says He Was Discharged from the Marines Due to Being Institutionalized by Mom Kate
- Jim Harbaugh goes through first offseason program as head coach of Los Angeles Chargers
- South Carolina senators grill treasurer over $1.8 billion in mystery account but get few answers
- Minnesota Twins' Byron Buxton nearly gets run over by bratwurst in Milwaukee Brewers' sausage race
- What to stream: Post Malone goes country, Sydney Sweeney plays a nun and Madden 25 hits the field
- Festival-Approved Bags That Are Hands-Free & Trendy for Coachella, Stagecoach & Beyond
Ranking
- 'Alien: Romulus' movie review: Familiar sci-fi squirms get a sheen of freshness
- Nicki Minaj delivers spectacle backed up by skill on biggest tour of her career: Review
- New contract makes UPS the primary air cargo provider for the US Postal Service
- Suspect captured in Kentucky after Easter shooting left 1 dead, 7 injured at Nashville restaurant
- Biden to designate 1908 Springfield race riot site as national monument
- Man admits stealing $1.8M in luxury items from Beverly Hills hotel, trying to sell them in Miami
- Inside Nicholas Hoult’s Private Family Life With Bryana Holly
- YMCOIN Trade Volume and Market Listings
Recommendation
-
Sofía Vergara Responds After Joe Manganiello Says Her Reason for Divorce Is “Not True”
-
Powell: Fed still sees rate cuts this year; election timing won’t affect decision
-
From closures to unique learning, see how schools are handling the total solar eclipse
-
Complications remain for ship that caused Baltimore bridge collapse | The Excerpt
-
Ryan Reynolds on his 'complicated' relationship with his dad, how it's changed him
-
March Madness: Tournament ratings up after most-watched Elite Eight Sunday in 5 years
-
A police dog’s death has Kansas poised to increase penalties for killing K-9 officers
-
The Force Is With Megan Fox as She Unveils Jedi Hair Transformation