ParkMobile $32.8 Million Data Breach Settlement: What Affected Users Need to Know

By Kiran

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ParkMobile $32.8 Million Data Breach Settlement

The ParkMobile $32.8 million data breach settlement has become a major topic of discussion among customers who were affected by the 2021 data breach. The lawsuit against ParkMobile—a widely used parking payment app—was filed after unauthorized individuals accessed sensitive customer data. Nearly 21 million users were impacted, leading to significant concerns over data security and privacy.

As a result, ParkMobile agreed to a $32.8 million settlement to compensate affected customers. Below, we break down the details of the lawsuit, eligibility requirements, and the process to claim compensation.

Background: ParkMobile Data Breach

ParkMobile is a popular mobile application that allows users to pay for parking in cities across the United States. However, in March 2021, the company experienced a cybersecurity breach that exposed personal user information, including:

  • Email addresses
  • Mobile phone numbers
  • License plate numbers
  • Hashed passwords

While no financial data or credit card details were compromised, the breach raised concerns about data security and led to a class-action lawsuit against the company.

ParkMobile $32.8 Million Data Breach Settlement: Key Details

Following the lawsuit, ParkMobile agreed to pay $32.8 million to settle claims without admitting wrongdoing. Eligible users can now submit their claims to receive compensation.

Important Deadlines

EventDate
Exclusion/Objection DeadlineFebruary 3, 2025
Claim Submission DeadlineMarch 5, 2025
Final Approval HearingMarch 13, 2025

Users who meet the eligibility criteria should submit their claims before March 5, 2025, to receive their compensation.

Who is Eligible for Compensation?

To qualify for the ParkMobile settlement payout, users must meet the following conditions:

They were affected by the data breach in March 2021.
They reside in the United States and were active or past users of the ParkMobile app.
They received a notification from ParkMobile regarding the data breach.
They received the notification via email from the company.

If you meet these requirements, you can file a claim for compensation.

Compensation Options for Eligible Users

ParkMobile users eligible for compensation can choose between the following payout methods:

1. Cash Payment

  • Users who submit a valid claim will receive a cash payment of $25.
  • The final payout depends on the total number of claims submitted.
  • No proof of purchase is required.

2. ParkMobile App Credit

  • Users who do not file a claim will receive a $1 credit for use within the ParkMobile app.
  • This credit will be sent via email and must be redeemed within one year.

How to Submit a Claim for ParkMobile Settlement?

To claim compensation from the $32.8 million settlement, follow these steps:

Visit the official settlement website: www.parkmobilesettlement.com
Find the claim form on the homepage.
Fill in your details accurately, including your name, email, and ParkMobile account information.
Attach any required documents (if applicable).
Submit your claim and wait for confirmation and approval.

Once approved, compensation will be distributed through direct payments or app credits based on the selected method.

FAQs

What was the reason for the lawsuit against ParkMobile?

The lawsuit was filed due to a data breach in 2021, which exposed personal user information, leading to privacy concerns.

What is the total settlement amount?

The settlement amount is $32.8 million.

What is the deadline to submit a claim?

The deadline to file a claim is March 5, 2025.

How much compensation will affected users receive?

Eligible users can receive a $25 cash payment or a $1 ParkMobile app credit.

Where can I submit my claim?

Claims can be submitted on the official settlement website: www.parkmobilesettlement.com.

Kiran

Passionate finance journalist covering US markets, investing, and economic trends. Delivering insightful analysis, breaking news, and expert commentary to help readers make informed financial decisions. Experienced in personal finance, stock market trends, and policy impacts. Stay ahead with sharp, data-driven reporting!

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