Erickson Cos. Data Breach Settlement Offers Compensation to Affected Individuals A class action settlement has been reached in response to a November 2024 data breach at Erickson Cos. LLC, which exposed the personally identifiable information (PII) of approximately 11,820 individuals. The company has agreed to a $225,000 settlement to resolve allegations of negligent data security practices, breach of contract, and statutory violations after unauthorized third parties potentially accessed sensitive data. Eligibility & Claims Individuals who received a mailed notice about the breach before August 28, 2025, may qualify for compensation. Affected parties can file claims for: - Documented losses (up to $5,000) for out-of-pocket expenses tied to the breach, such as fraudulent charges or identity theft costs. - A pro rata cash payment from the remaining settlement fund after administrative costs, attorneys’ fees, and documented claims are deducted. Claims must be submitted by February 10, 2026, either online or via mail to the settlement administrator. Required proof includes the CPT ID and passcode from the notice, along with supporting documentation for reimbursement requests. Settlement Breakdown The $225,000 fund will cover: - $25,000 for administrative costs - Up to $60,000 in attorneys’ fees and expenses - Up to $2,500 as a service award to the class representative - The remaining balance for approved claimants Key Dates - Claim deadline: February 10, 2026 - Opt-out deadline: February 10, 2026 - Final approval hearing: March 12, 2026 - Payouts expected: Approximately 60 days after final court approval Erickson Cos. denies wrongdoing but settled to avoid further litigation. Payments will be issued via electronic transfer or mailed check.