$637K Lyon Real Estate Settlement Ends Class Action Data Breach Lawsuit

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Lyon Real Estate has agreed to pay a $637,000 settlement to resolve a class action lawsuit alleging the real estate company failed to adequately safeguard personal client information from a targeted data breach between April 2023 and May 2023.

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The Lyon Real Estate class action settlement received preliminary approval from the court on October 3, 2025 and covers approximately 7,287 individuals whose personally identifying information may have been compromised during the data breach, including those who received written notice of the breach from Lyons.

The court-approved website for the Lyon Real Estate data breach settlement can be found at LyonDataIncidentSettlement.com.

Per the settlement website, Lyon Real Estate settlement class members who submit a valid, timely claim form have multiple options for reimbursement. Those who submit with their claim form documented proof of out of pocket losses are eligible to receive a one-time cash payment of up to $10,000, the site relays. The settlement agreement explains that covered losses must have been incurred as a result of the 2023 data breach, and reimbursable expenses include costs related to credit monitoring, identity theft, and fraud.

The settlement website states that class members may also elect to receive compensation for up to 10 hours of lost time spent responding to the data breach at a rate of $25 per hour, which is subject to the $10,000 cap outlined in the documented-loss reimbursement option.

Further, class members who lived in California during the data breach may also receive an additional one-time cash payment of approximately $250 due to state-specific disclosure mandates, the agreement explains

Finally, per the settlement website, class members are eligible to receive in addition to any monetary benefits an enrollment code for five free years of identity theft and fraud monitoring, which includes services such as three-bureau credit monitoring and identity theft insurance.

To submit a Lyon Real Estate claim form online, class members can head to this page and enter the unique ID and PIN found on their copy of the settlement notice. Alternatively, class members can download a PDF of the claim form from the settlement site to print, fill out, and return by mail to the address of the settlement administrator on the first page of the document.

All Lyon Real Estate claim forms must be submitted online or by mail by February 2, 2026.

A hearing to determine whether the court will grant final approval to the Lyon Real Estate settlement is scheduled for March 13, 2026. Compensation will begin to be distributed to class members only after final approval and any appeals are resolved.

The Lyon Real Estate class action lawsuit claimed that the real estate company failed to implement reasonable security measures to prevent an April and May 2023 data breach that allegedly exposed the personal information of some clients, including names, dates of birth, Social Security numbers, medical information, and health insurance information.

Did you know that some class action settlements require no proof to submit a claim? Check out the latest current class action settlements.