Personal Finance

Panera Settlement: Who Qualifies and How to Claim Up to $7,350 After Data Breach?

Panera Bread will pay $2.5 million after a major 2024 data breach. Eligible victims can claim up to $7,350 in compensation by filing official claims before November 11, 2025.

Panera Settlement Claim: Panera Bread has agreed to pay $2.5 million to end a lawsuit filed after a big data breach in March 2024. The breach exposed private information like names and Social Security numbers of thousands of people who worked for or with the company. Some customers were also affected. The case claimed that Panera did not protect this information properly.

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The company has denied doing anything wrong but still decided to settle the case to avoid any long and costly court fight. The people affected will now be able to claim money for their losses with the biggest payment up up to $7,350 per person.

What Happened to Panera Bread?

In March 2024 Panera Bread suffered a cyberattack that allowed outsiders to access its systems. The hackers got sensitive information belonging to employees, contractors and even some suppliers. And because of this, Panera faced a class action lawsuit where victims said the company failed to keep their data safe.

People accused the company of negligence and invasion of privacy. The lawsuit also mentioned that Panera may have violated the California Consumer Privacy Act or “CCPA.” To settle the case the company will pay millions to those affected.

Who was affected by the Panera case?

The leak of key and personal data from Panera affected several groups of people, including the following:

  • Current and former employees.
  • Independent contractors.
  • A small number of customers or suppliers.

Capital One $425M Settlement: How can you claim your share?

Who can get the Compensation?

People who want to claim money from the settlement must have received an official notice from Panera. The notice would say that their information was exposed during the March 2024 data breach. Only those who live in the United States and got the official notice can make a claim.

Anyone who meets the requirements must file a claim before November 11, 2025. They can do this either online or by mail. Once approved, they will receive payment based on how much they were affected by the breach.

How much will People Receive?

The settlement gives money to cover both small and large financial losses. People can get up to $500 for regular expenses like credit freezes, mailing costs, or paying for credit monitoring services. Those who suffered serious problems, such as identity theft or fraud, can claim up to $6,500.

There is also payment for the time people spent dealing with the issue. They can claim up to 10 hours at $25 an hour, which adds up to $250. This means the total amount one person can receive is up to $7,350.

Farheen Ashraf

Farheen Ashraf is a History graduate. She writes on a variety of topics, including business, entertainment, laws, poetry, stories, travel, and more. Her passion for writing has led her to explore a variety of genres.

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