Akeela Inc. Data Breach Settlement Offers Compensation to Affected Individuals
A class action settlement has been reached with Akeela Inc. following a June 2023 data breach that exposed sensitive personal information, including Social Security numbers, dates of birth, and medical details. The settlement resolves allegations that Akeela failed to adequately protect this data, though the company denies any wrongdoing.
Who Is Eligible?
U.S. residents whose information was compromised in the breach discovered on or around June 22, 2023 may qualify for benefits. Those who received a settlement notice are identified as class members based on Akeela’s records.
Available Benefits
Eligible individuals can claim:
- A pro rata cash payment from a $50,000 settlement fund, with the final amount per person dependent on the number of valid claims filed.
- Two years of CyEx Financial Shield credit monitoring and identity theft protection, including fraud alerts, high-risk transaction monitoring, and access to fraud resolution agents.
How to File a Claim
Class members can submit claims online using a unique ID and PIN from their notice or mail a completed PDF form to the settlement administrator. The deadline to file is May 25, 2026, with payments distributed after final court approval and any appeals.
Settlement Fund Allocation
The $272,000+ settlement fund covers:
- $21,000 for administration costs
- Up to $200,000 in attorneys’ fees and expenses
- $1,000 for the class representative
- $50,000 for class member payments and credit monitoring
Key Dates
- Final approval hearing: April 13, 2026
- Opt-out deadline: April 24, 2026
- Claim filing deadline: May 25, 2026
The settlement aims to resolve litigation while providing compensation to affected individuals. Payments will be issued after the court grants final approval.
Source: https://www.claimdepot.com/settlements/akeela-settlement
Akeela Inc. cybersecurity rating report: https://www.rankiteo.com/company/akeela-inc
"id": "AKE1772209853",
"linkid": "akeela-inc",
"type": "Breach",
"date": "6/2023",
"severity": "85",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"{'affected_entities': [{'customers_affected': 'U.S. residents whose '
'information was compromised',
'location': 'U.S.',
'name': 'Akeela Inc.',
'type': 'Company'}],
'customer_advisories': 'Settlement notices sent to affected individuals',
'data_breach': {'personally_identifiable_information': 'Yes',
'sensitivity_of_data': 'High',
'type_of_data_compromised': ['Social Security numbers',
'dates of birth',
'medical details']},
'date_detected': '2023-06-22',
'description': 'A class action settlement has been reached with Akeela Inc. '
'following a June 2023 data breach that exposed sensitive '
'personal information, including Social Security numbers, '
'dates of birth, and medical details. The settlement resolves '
'allegations that Akeela failed to adequately protect this '
'data, though the company denies any wrongdoing.',
'impact': {'data_compromised': 'Social Security numbers, dates of birth, '
'medical details',
'financial_loss': '$272,000+ settlement fund',
'identity_theft_risk': 'High',
'legal_liabilities': 'Class action settlement'},
'investigation_status': 'Settled',
'post_incident_analysis': {'corrective_actions': 'Settlement fund '
'established, credit '
'monitoring offered',
'root_causes': 'Alleged failure to adequately '
'protect sensitive data'},
'references': [{'source': 'Settlement notice'}],
'regulatory_compliance': {'legal_actions': 'Class action lawsuit'},
'response': {'communication_strategy': 'Settlement notices sent to affected '
'individuals',
'enhanced_monitoring': 'Two years of credit monitoring and '
'identity theft protection',
'third_party_assistance': 'CyEx Financial Shield credit '
'monitoring and identity theft '
'protection'},
'title': 'Akeela Inc. Data Breach Settlement',
'type': 'Data Breach'}