$4.75M Prudential Financial Settlement Ends Class Action Lawsuit Over February 2024 Data Breach

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A $4.75 million class action settlement will resolve litigation against Prudential Financial over a February 2024 data breach during which a cybercriminal organization accessed the personal information of thousands of Prudential customers.

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The Prudential data breach settlement received preliminary approval from the court on June 5, 2025 and covers anyone in the United States whose information was compromised during the incident.

The court-approved website for the Prudential Financial class action settlement can be found at PrudentialFinancialDataBreach.com.

Prudential settlement class members who submit a timely, valid claim form may receive either an equal-share cash payment, compensation for documented out-of-pocket losses or compensation for the exposure of Social Security or tax identification numbers. Class members in California may choose one of these settlement benefits or compensation for the exposure of personal information under the California Consumer Privacy Act (CCPA), the class action settlement website states.

Documented out-of-pocket losses, as defined by the official settlement website, include up to $5,000 in unreimbursed expenses from between February 4, 2024 and October 3, 2025 that are related to the data breach, such as:

• ID replacement costs;
• Charges incurred from identity theft or fraud, or other misuse of personal information; and
• Fees related to obtaining credit reports, credit monitoring and freezing/unfreezing credit.

Class members must provide proof of their losses or expenses, such as receipts, with their claim form for reimbursement of documented out-of-pocket losses, the settlement website adds.

Compensation for a leaked Social Security number or tax ID number may range between $200 and $599 per person, the settlement website says, noting that a class member’s actual payment amount will depend on the types of claims filed by all eligible consumers.

Compensation under the CCPA, available only to California class members, may range between $100 and $599 per person and can be granted to class members in the state who had any of the following personal information or documentation exposed in the data breach:

• Credit or debit card information;
• A health condition, treatment, prescription or diagnosis; and/or
• A driver’s license, Non-U.S. Nation Identification Number, passport or other government-issued ID.

Pro-rata cash payments can be claimed even if a class member does not qualify for any of the other forms of compensation, the settlement website notes. Any class member who elects the pro-rata cash payment option will receive an equal share of the $4.75 million settlement fund after all other forms of compensation have been distributed and legal fees and lead plaintiff awards have been paid.

To submit a claim form online, class members can head to this page and log in with the unique notice ID and PIN found in their original class action settlement notice.

Alternatively, a PDF of the claim form is available to print, fill out and mail back to the address listed on the third page of the document.

All Prudential Financial settlement claim forms must be submitted online or postmarked by October 3, 2025.

A hearing is scheduled for October 22, 2025 to determine whether the settlement will receive final approval from the court. Compensation from the open class action settlement will begin to be distributed to class members only after final approval has been granted and any appeals have been resolved.

The Prudential data breach class action lawsuit alleged that the company experienced a cyberattack on February 16, 2024 at the hands of the cybercriminal group ALPHV Blackcat, compromising the sensitive personal information of thousands of customers.

Are you owed unclaimed settlement money? Check out our class action rebates page full of open class action settlements.