Finance

$4,000 Settlement for Data Breach Victims – Were You Affected by Henry Schein?

Were you affected by the Henry Schein data breach in 2023? You may be eligible for up to $4,000 in compensation from a $2.9 million settlement. Learn how to file a claim, important deadlines, and steps to protect your personal data.

By Anthony Lane
Published on
$4,000 Settlement for Data Breach Victims
$4,000 Settlement for Data Breach Victims

$4,000 Settlement for Data Breach Victims: In September 2023, Henry Schein, Inc., a global healthcare solutions company, experienced a significant data breach that exposed sensitive information of approximately 166,432 individuals. The breach, allegedly carried out by the ALPHV/BlackCat ransomware group, affected both customers and employees and led to a wave of concern across the healthcare industry.

As a result, Henry Schein agreed to a $2.9 million class action settlement to compensate those impacted. Eligible victims may claim up to $4,000 for documented losses—but you must act before the January 14, 2025 deadline. This article breaks down everything you need to know about the Henry Schein data breach, how to file a claim, and what you’re entitled to receive. Whether you’re a healthcare professional or just want to protect your identity, this guide is for you.

$4,000 Settlement for Data Breach Victims

The Henry Schein data breach is a wake-up call for both individuals and businesses about the importance of cybersecurity. If you were affected, you have the right to claim compensation—but you must act before the deadline. Take the time to review your records, gather documentation, and submit your claim as soon as possible. Don’t miss the opportunity to be reimbursed for losses or receive your share of the settlement fund.

AspectDetails
IncidentData breach at Henry Schein, Inc. in September 2023
Individuals AffectedApproximately 166,432
Settlement Amount$2.9 million
CompensationUp to $4,000 for documented out-of-pocket losses; estimated $50 pro rata cash payment
Claim DeadlineJanuary 14, 2025
Opt-Out DeadlineDecember 16, 2024
Final Approval HearingFebruary 14, 2025
Official WebsiteHenry Schein Settlement

Understanding the Henry Schein Data Breach

In late September 2023, Henry Schein fell victim to a ransomware attack. The perpetrators claimed to have stolen 35 terabytes of data, including personally identifiable information (PII) such as:

  • Full names
  • Addresses
  • Social Security numbers
  • Financial data
  • Health-related records

The breach was first disclosed in October, with the company temporarily shutting down parts of its operations. The situation quickly escalated, leading to legal action from affected individuals.

The Legal Case and Settlement

The class action lawsuit, titled Lucisbel Cruz-Bermudez and Helmut Becker v. Henry Schein, Inc., alleged that the company failed to implement adequate cybersecurity protocols. Without admitting fault, Henry Schein agreed to settle the lawsuit for $2.9 million.

The agreement includes financial compensation for class members and provisions for enhanced data protection moving forward.

Who’s Eligible for Compensation?

If you received a notice of the data breach or believe your information was involved, you may qualify as a class member. Eligible individuals:

  • Were notified their data was affected by the breach
  • Did not opt out of the settlement by the deadline
  • Submit a valid claim by January 14, 2025

Note: Certain exclusions apply, such as current or former company officers and individuals who opted out.

What You Can Claim?

There are two types of compensation available:

1. Out-of-Pocket Losses (up to $4,000)

You can claim reimbursement for losses directly related to the breach, including:

  • Fraudulent charges not reimbursed by banks
  • Credit monitoring or identity theft protection services
  • Fees for credit freezes or unfreezes
  • Notary, postage, and document replacement fees
  • Time spent resolving fraud (up to 4 hours at $25/hour)

You must submit supporting documentation such as receipts or bank statements.

2. Cash Payment

Class members who don’t have documented losses can still receive an estimated $50 cash payment, distributed on a pro rata basis depending on the number of valid claims submitted.

How to File a Claim $4,000 Settlement for Data Breach Victims?

Follow these steps to ensure your claim is submitted correctly:

  1. Visit the Official Settlement Website:
    Go to henryscheinsettlement.com to download or complete your form.
  2. Complete the Claim Form:
    Fill in your name, contact information, and details of your claim.
  3. Upload Supporting Documents:
    Attach receipts, emails, or statements that verify your losses.
  4. Submit Before January 14, 2025:
    You can file online or mail your form to the address listed on the site.

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Frequently Asked Questions (FAQs)

Q1: I didn’t receive a notice — can I still file a claim?
Yes, if your data was compromised, you may still qualify. Contact the settlement administrator.

Q2: Is the $4,000 guaranteed?
No. That’s the maximum reimbursement for documented out-of-pocket expenses. The actual amount depends on your claim and supporting documents.

Q3: What if I can’t prove any losses?
You may still receive a cash payment (approximately $50), even if you didn’t suffer financial harm.

Q4: How long will it take to get paid?
Payments will be made after the final approval hearing on February 14, 2025, and once all valid claims are processed.

Q5: Is the settlement taxable?
Generally, reimbursements for actual losses are not taxable, but consult a tax advisor for your specific situation.

Q6: Can I object to the settlement?
Yes. You must file your objection in writing by December 16, 2024. Instructions are on the settlement site.

Tips for Protecting Yourself After a Data Breach

Even if you’re receiving compensation, it’s essential to take proactive steps to protect your personal data:

  • Enroll in a trusted credit monitoring service
  • Place a credit freeze on your accounts
  • Update all passwords and enable two-factor authentication
  • Regularly check your bank statements and credit reports
  • Report suspicious activity immediately to the FTC at identitytheft.gov
Author
Anthony Lane
I’m a finance news writer for UPExcisePortal.in, passionate about simplifying complex economic trends, market updates, and investment strategies for readers. My goal is to provide clear and actionable insights that help you stay informed and make smarter financial decisions. Thank you for reading, and I hope you find my articles valuable!

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