MGM Resorts, a renowned hospitality and entertainment company, has recently faced a data breach that compromised the sensitive information of millions of customers. The breach, which occurred in 2017, was considered one of the largest data breaches in history, leaving many individuals’ personal and financial data vulnerable to unauthorized access.
As a result of the breach, the company faced a class-action lawsuit, which was eventually settled in 2021. The settlement aimed to provide compensation to individuals who were affected by the breach, and to ensure that the company takes necessary steps to protect customers’ data in the future.
The settlement, known as the “MGM Resorts Data Breach Settlement”, allows individuals to file claims for compensation if they were affected by the breach. The settlement provides for a total of $800,000 in compensation, with awarded amounts ranging from $25 to $50, depending on the severity of the impact on individual claimants.
The process of tracing and recovering lost funds is a complex and time-consuming process. It requires a thorough examination of the affected individual’s financial records, as well as an investigation into the extent to which their personal and financial data was compromised. Additionally, the settlement requires individuals to provide detailed documentation of the impact of the breach on their personally identifiable information, including but not limited to, social security numbers, credit card numbers, and other sensitive data.
In order to be eligible for compensation, individuals must provide documentation of the impact of the breach on their personally identifiable information. This includes, but is not limited to, evidence of identity theft, financial loss, or other tangible consequences of the breach.
The settlement is managed by a third-party settlement administrator, who is responsible for reviewing and processing claims. The settlement administrator will examine each claim individually and determine the appropriate amount of compensation based on the information provided by the claimant.
It’s important to note that the settlement is not a guarantee of recovery, and not all individuals who suffered as a result of the breach will be eligible for compensation. The settlement is intended to provide a measure of relief and recompense to those who were affected by the breach, and to ensure that MGM Resorts takes necessary steps to prevent similar incidents in the future.
For those interested in pursuing the settlement, it’s possible to file a claim online or by mail. The settlement administrator provides a dedicated website with more information on the settlement, as well as a claim form that can be completed and submitted electronically. Claimants can also contact the settlement administrator directly to request a
