Pinnacle Propane Class Action Settlement Deadline Extended
We have important news for Pinnacle Propane customers affected by the settlement class action lawsuit - you now have more time to file your claim. The deadline extension offers a renewed opportunity for eligible customers to receive compensation for damages related to the incident.
The Pinnacle lawsuit impacts thousands of customers whose personal information may have been compromised. We will guide you through everything you need to know about filing class action lawsuits claims, including the updated deadlines, available benefits, and the step-by-step submission process.
Settlement Overview and Deadline Changes
The Pinnacle Propane class action data breach settlement has established a $490,000 settlement fund to address claims related to the December 2022 data breach. The court granted preliminary approval for this settlement in June 2024.
Here are the updated critical deadlines for the Pinnacle lawsuit:
Claim Submission Deadline: December 13, 2024
Exclusion/Objection Deadline: November 13, 2024
Final Approval Hearing: December 19, 2024 at 10:00 AM
The settlement fund will be allocated to cover several key areas, including settlement benefits, notice and administration costs, and court-awarded attorney's fees and expenses. It's important to note that if approved claims exceed the available net settlement fund, payments will be proportionally reduced on a pro-rata basis. The settlement class action lawsuit addresses the exposure of sensitive personal information, including names, addresses, and Social Security numbers of current and former employees.
The Texas-based propane supplier faced initial legal action in July 2023, following the disclosure of the data breach to employees in June 2023. While Pinnacle hasn't admitted to any wrongdoing, they've agreed to resolve these claims through this settlement agreement.
Compensation Benefits Available
Let's examine the compensation benefits available through this settlement class action lawsuit. Eligible class members can receive several forms of compensation, depending on their circumstances and preferences.
For those who experienced direct losses, you can claim up to $2,000 for documented out-of-pocket expenses resulting from the data breach. Additionally, we're pleased to inform you that compensation is available for time spent addressing breach-related issues at $40 per hour, with a maximum of six hours, potentially totaling $240 in lost time compensation.
A significant benefit we want to emphasize is the inclusion of three years of credit monitoring services, which comes with:
Three-bureau monitoring
Identity restoration services
$1 million in identity theft insurance
For class members seeking a simpler option, you can choose to receive a $100 cash payment instead of filing for specific losses. However, it's important to note that selecting this option means you won't be eligible for the credit monitoring services.
When submitting your claim, supporting documentation for out-of-pocket losses include:
Bank statements
Credit card statements
Relevant receipts
These benefits are exclusively available to current and former Pinnacle employees whose private information was potentially compromised in the December 2022 data incident.
Conclusion
This settlement addresses the serious nature of exposed personal information while providing meaningful compensation options. Class members can choose between claiming up to $2,000 for documented losses or accepting a straightforward $100 payment. The additional benefit of three years of credit monitoring services adds significant value to the settlement package.
The success of your claim depends on careful attention to documentation requirements and timely submission. We recommend gathering necessary supporting materials well ahead of the deadline. Class members should carefully consider their options and select the compensation method that best suits their circumstances.