{"id":49811,"date":"2026-08-21T11:45:21","date_gmt":"2026-08-21T11:45:21","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=49811"},"modified":"2026-08-21T11:45:21","modified_gmt":"2026-08-21T11:45:21","slug":"arizona-financial-firm-to-hand-out-up-to-5000-per-person-in-settlement-over-data-breach-that-exposed-names-social-security-numbers","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=49811","title":{"rendered":"Arizona Financial Firm To Hand Out up to $5,000 per Person in Settlement Over Data Breach That Exposed Names, Social Security Numbers"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2023\/05\/bank-settlement.jpg?resize=1024,600\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" \/><\/p>\n<p>Arizona-based financial firm On Q Financial is agreeing to a $1.25 million class action settlement over a February 2024 data breach exposing client names and Social Security numbers.<\/p>\n<p>The proposed settlement was filed in Maricopa County Superior Court and <a href=\"https:\/\/onqsettlement.com\/\" rel=\"noopener\" target=\"_blank\">says<\/a> the official notice that On Q Financial LLC will pay $1,250,000 into a fund.<\/p>\n<p>Eligible claimants can seek up to $5,000 for documented out-of-pocket losses or an estimated $50 alternative cash payment that will be determined on a pro rata basis. The settlement class members will also get one year of single-bureau credit monitoring with up to $1 million in fraud insurance.<\/p>\n<p>The official settlement notice describes the incident.<\/p>\n<p><em>\u201cA settlement has been reached with On Q Financial, LLC (\u201cOn Q\u201d or \u201cDefendant\u201d) in a class action about a data breach on or around February 20, 2024, that allowed unauthorized access to certain files containing clients\u2019 Private Information (the \u201cData Security Incident\u201d). This Private Information included names and Social Security numbers. The Defendant denies all of the Plaintiffs\u2019 claims and maintains that it did not do anything wrong.\u201d<\/em><\/p>\n<p>Claims must be filed by October 28, 2026, with opt-outs due by September 28, 2026.<\/p>\n<p>The final approval hearing is set for November 16, 2026.<\/p>\n<p>The company denies wrongdoing but settled to avoid further litigation costs.<\/p>\n<p>The fund also covers up to $437,500 in attorneys\u2019 fees and $10,000 in service awards.<\/p>\n<p dir=\"ltr\"><em><span>Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<\/p>\n<p dir=\"ltr\">\n<div class=\"hideinamp\">\n<div class=\"dianomi_context\" data-dianomi-context-id=\"736\"><\/div>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<\/p><p dir=\"ltr\"><span><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/2026\/08\/21\/arizona-financial-firm-to-hand-out-up-to-5000-per-person-in-settlement-over-data-breach-that-exposed-names-social-security-numbers\/\">Arizona Financial Firm To Hand Out up to $5,000 per Person in Settlement Over Data Breach That Exposed Names, Social Security Numbers<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/\">The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Arizona-based financial firm On Q Financial is agreeing to a $1.25 million class action settlement over a February 2024 data breach exposing client names and Social Security numbers. The proposed settlement was filed in Maricopa County Superior Court and says the official notice that On Q Financial LLC will pay $1,250,000 into a fund. Eligible [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":49812,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-49811","post","type-post","status-publish","format-standard","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Arizona Financial Firm To Hand Out up to $5,000 per Person in Settlement Over Data Breach That Exposed Names, Social Security Numbers - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=49811\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona Financial Firm To Hand Out up to $5,000 per Person in Settlement Over Data Breach That Exposed Names, Social Security Numbers - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Arizona-based financial firm On Q Financial is agreeing to a $1.25 million class action settlement over a February 2024 data breach exposing client names and Social Security numbers. The proposed settlement was filed in Maricopa County Superior Court and says the official notice that On Q Financial LLC will pay $1,250,000 into a fund. 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