The Lyon Real Estate Data Incident Class Action Settlement resolves claims in Bohannon v. Lyon Real Estate arising from a data security incident that occurred between April 18 and May 4, 2023, when unauthorized access to Lyon’s systems exposed personal information such as names, dates of birth, driver’s license numbers, Social Security numbers, tax IDs, and other sensitive data. Plaintiffs allege Lyon failed to adequately protect this data, resulting in harm to class members. Lyon denies liability, and the settlement is not an admission of wrongdoing.
Under the settlement, eligible class members can submit a claim to receive identity theft and fraud monitoring services, reimbursement for documented losses, a California statutory cash payment (if applicable), and a possible residual prorated cash payment if funds remain after primary benefits are distributed. Benefits are paid after final approval from the court and any appeals.
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Frequently Asked Questions
Who is included in the Lyon Real Estate data incident settlement?
Class Members include individuals whose personal information may have been compromised in the April 18–May 4, 2023 data incident or who received a notice about it.
What benefits can I claim?
Benefits include five years of identity theft and fraud monitoring (with insurance), reimbursement for documented losses up to $10,000, a California statutory cash payment (for qualifying residents), and a residual prorated cash payment if funds remain.
Do I need proof to file a claim?
Proof is required only for documented loss reimbursement claims (e.g., credit card statements, invoices, bank statements). Identity monitoring and other benefits can be claimed without supporting documentation beyond the claim form.
How much is the California statutory cash payment?
California residents (or those residing in California on April 18, 2023) may receive an estimated $250 statutory cash payment subject to pro-rata adjustment if claims exceed the settlement fund.
Can I receive benefits if I already have credit monitoring?
Yes. You can still sign up for the identity monitoring benefits offered under this settlement even if you previously signed up for monitoring related to the incident.
What happens if I do nothing?
If you do nothing, you will not receive benefits and will give up the right to pursue related claims once the settlement is approved.
