Murphy Law Firm announces that a settlement has been reached in a class action lawsuit concerning PracticeMax, Inc. (“Defendant” or “PracticeMax”) and a data security incident (the “Data Security Incident”) that occurred in early 2021, when one or more unauthorized individuals accessed information on a database belonging to PracticeMax.
The settlement provides up to $3 million for class members. Under the settlement, all effected individuals may submit a claim to receive: (1) compensation for lost time of up to three hours at $25 per hour for a maximum of up to $75 per person; (2) compensation for ordinary losses, which are documented out-of-pocket expenses incurred as a result of the Data Security Incident, up to a maximum of $500 per person upon submission of a claim and supporting documentation; (3) compensation for extraordinary losses, up to a maximum of $3,500 in compensation to each claimant who was the victim of actual documented identity theft for proven monetary losses; and (4) two years of credit monitoring and identity theft protection with $1 million in insurance. In addition, the settlement requires PracticeMax to implement and maintain meaningful business changes to improve its data security practices.
To submit a claim or learn more about your options under the settlement, visit https://practicemaxdatasettlement.com/