BMS Cat Settles $825,000 Class Action Over 2025 Data Breach BMS Holdings LP (d/b/a BMS Cat) has agreed to an $825,000 settlement to resolve a class action lawsuit stemming from a February 2025 data breach that exposed the personal information of 28,454 current and former employees. The incident potentially compromised sensitive data, including names and Social Security numbers. Eligibility & Compensation Individuals who received a breach notification letter from BMS Cat qualify as class members and may submit claims for compensation. Options include: - Documented losses: Up to $5,000 for out-of-pocket expenses (e.g., identity theft, fraud, credit monitoring fees) incurred between February 5, 2025, and July 8, 2026. - Alternate cash payment: A $100 payout (final amount dependent on claim volume) for those without documented losses. - Credit monitoring: Three years of CyEx Financial Shield Complete, covering credit monitoring, identity theft protection, and $1 million in fraud insurance. Claims must be filed online or via mail by July 8, 2026, using the unique ID and PIN from the settlement notice. Approved payments will be distributed approximately 75 days after the court’s final approval on July 23, 2026. Settlement Fund Allocation The $825,000 fund covers: - Settlement administration costs (unspecified). - Up to $275,000 in attorneys’ fees and $30,000 in expenses. - $5,000 service awards for class representatives. - Credit monitoring costs (based on claim volume). - Remaining funds for approved claimant payouts. Background The lawsuit alleged BMS Cat failed to adequately secure employee data, leading to the breach. While the company denies wrongdoing, it opted to settle to avoid prolonged litigation. The breach was disclosed in February 2025, with affected individuals notified shortly after.