Financial institutions that issued one or more payment cards affected as a result of the Wendy’s data breach must submit claims by September 30th to receive a cash payment via wendysfidatabreachsettlement.com/.
Claim notices were mailed to known affected institutions but any institution who had affected cards may make a claim. Valid claims will be paid based on the total number of alerted on cards for this breach.
On Feb. 26 the U.S. District Court for the Western District of Pennsylvania granted preliminary approval of a proposed settlement in First Choice Federal Credit Union v. The Wendy's Company, a data breach lawsuit brought by CUNA, leagues and credit unions affected by the 2016 breach.
A final approval hearing will take place Nov. 6.
Under the terms of the settlement: