$9.9M Southeast Series of Lockton Companies Settlement Ends Data Breach Litigation

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The Southeast Series of Lockton Companies has agreed to a $9,900,000 settlement to resolve a class action lawsuit that alleged the insurance brokerage firm failed to implement reasonable cybersecurity measures to prevent a data breach discovered by the company in November 2024.

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The Southeast Series of Lockton Companies class action settlement received preliminary approval from the court on January 8, 2026 and covers all living individuals in the United States who were notified of the data breach.

The court-approved website for the Lockton data breach settlement can be found at TheLocktonDataSettlement.com/.

According to the settlement site, all Lockton settlement class members will automatically receive an enrollment code for one free year of CyEx Financial Shield Complete in their copy of the mailed settlement notice. Class members do not need to submit a claim form to be eligible for this benefit. The agreement relays that this benefit includes one-bureau credit monitoring, financial account monitoring, credit score tracking, identity monitoring, and identity theft insurance.

The settlement website says that Lockton class members who file a valid, timely claim form have two options for monetary reimbursement from the settlement.

Those who submit with their claim form proof of documented losses traceable to the data breach are eligible to receive a one-time cash payment of up to $5,000, referred to as “Cash Payment A” in court documents.  Per the settlement agreement, class members who submit third-party documentation in support of their claims can receive reimbursement for out-of-pocket expenses related to fraud, identity theft, professional fees, credit repair services, freezing credit and credit monitoring costs.

Instead of a documented-loss payment, class members may alternatively elect to receive a one-time, pro-rated cash payment, or “Cash Payment B.” The final amount of this payment, the agreement stipulates, will be an equal share of the net settlement fund after the payment of attorneys’ fees, settlement administration costs, lead plaintiff service awards and all other settlement benefits.

Lockton class members may elect to receive their cash payout via check or electronic payment upon filing a claim form, the settlement agreement relays, and all checks must be cashed within 90 days of issuance before expiration.

To file a Lockton data breach claim form online, class members can head to this page and enter the class member ID as listed on their received copy of the settlement notice. Alternatively, class members may download a PDF of the claim form from the settlement website to print, fill out and return by mail to the address of the settlement administrator listed on the first page of the document.

All Lockton settlement claim forms must be submitted online or by mail by April 7, 2026.

Consumers who believe they may be a Lockton settlement class member but did not receive a notice can contact the settlement administrator to confirm their identity and obtain their login information.

The court will determine whether to grant final approval to the Lockton data breach settlement at a hearing on May 7, 2026. Compensation will begin to be distributed to class members only after final approval has been granted and any appeals have been resolved.

The Southeast Series of Lockton Companies class action lawsuit alleged that the regional division of the insurance brokerage and risk management firm failed to use appropriate cybersecurity measures to protect the personal information stored on its systems, which led to a data breach detected on November 20, 2024. According to the suit, the November data breach affected approximately one million current and former employees of Lockton and its subsidiaries. Per court documents, the private information that may have been impacted by the breach included names, Social Security numbers, dates of birth, health information and medical information.

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