T-Mobile $350 Million Data Breach Settlement: How to Claim Your Compensation

By Kiran

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T-Mobile $350 Million Data Breach Settlement

T-Mobile has reached a $350 million settlement following a massive data breach that exposed the personal information of 76 million customers in the United States. Impacted individuals may be eligible for compensation of up to $25,000 if they experienced fraud, identity theft, or financial loss as a result of the breach.

Here’s everything you need to know about eligibility, payout amounts, and how to claim your share of the settlement.

T-Mobile Data Breach: What Happened?

On August 16, 2021, T-Mobile announced that hackers had gained access to sensitive customer data, including:

  • Names
  • Dates of birth
  • Addresses
  • Phone numbers
  • Social Security numbers

The hacker behind the breach, John Binns, later bragged about the attack, claiming that T-Mobile’s poor security made it easy for him to steal millions of records. He then attempted to sell the stolen data on the dark web for $270,000.

Although T-Mobile denies any wrongdoing, it has agreed to a $350 million settlement to resolve claims from affected customers.

Who Is Eligible for the Settlement?

You are eligible for a settlement payout if:

You were a T-Mobile customer on or before August 1, 2021.
Your personal information was exposed in the data breach.
You incurred financial losses or spent time resolving fraud-related issues.

If you lived in California on August 1, 2021, you may receive a minimum of $25 to $100, even if you did not suffer direct financial loss.

How Much Compensation Can You Claim?

The amount you receive depends on how the breach affected you.

Compensation TypePayment Amount
Out-of-pocket expenses (fraud, identity theft, etc.)Up to $25,000
Lost time spent resolving fraud-related issues$25 per hour (or actual hourly wage if time off work was taken)
No financial loss (California residents only)$25 – $100

How to File a Claim

If you are an impacted T-Mobile customer, you do not need to file a separate lawsuit. Instead, follow these steps to claim your payment:

Step 1: Confirm Your Eligibility

  • If you received a settlement notice, you are eligible.
  • If you are unsure, call 1-833-512-2314 or contact the Settlement Administrator.

Step 2: Gather Supporting Documents

  • Bank statements, receipts, or fraud reports if you had financial losses.
  • Proof of time spent resolving fraud issues (if claiming lost time reimbursement).

Step 3: Submit Your Claim

  • Visit the official settlement website (provided in your notice).
  • Fill out the claim form with your personal details and supporting evidence.

Step 4: Wait for Payment

  • Once the settlement is finalized, payments will be distributed.

T-Mobile Data Breach: The Hacker Behind the Attack

The T-Mobile breach was carried out by John Binns, an American hacker who:

  • Boasted about hacking into T-Mobile’s systems, claiming poor security made it easy.
  • Attempted to sell data on the dark web for $270,000.
  • Was arrested in Turkey after a U.S. extradition request was approved.

T-Mobile estimates that 54 million customer records were stolen.

FAQs

1. How do I check if I am eligible for a payment?

If you were a T-Mobile customer before August 1, 2021, and received a settlement notice, you may qualify. You can also call 1-833-512-2314 to check your eligibility.

2. How much will I receive?

Up to $25,000 for out-of-pocket expenses related to fraud or identity theft.
$25 per hour (or your hourly wage) for lost time spent resolving fraud-related issues.
$25 to $100 for California residents with no financial loss.

3. How do I submit a claim?

Visit the settlement website, provide your personal details, and upload any supporting documents.

4. When will I receive my payment?

Payments will be distributed after final court approval. The exact timeline will be announced on the settlement website.

5. Do I need a lawyer to file a claim?

No, impacted customers do not need a lawyer. Class action members are automatically included unless they choose to opt out.

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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