The claim window has closed. If you filed a valid claim by June 4, 2026, your payment is expected after the court grants final approval — there is nothing left to submit.
What Is This Settlement About?
Cadence Bank agreed to a $5.25 million class action settlement to resolve claims that it failed to protect customers' personal information exposed in the 2023 MOVEit data breach. The settlement is part of the broader In re: MOVEit Customer Data Security Breach Litigation, which consolidates cases arising from the mass exploitation of the MOVEit file-transfer software. Cadence Bank denies wrongdoing and agreed to settle to avoid the cost and risk of continued litigation.The claim deadline was June 4, 2026, and it has passed — the administrator said the deadline would not be extended. This page is kept for reference: it explains what the settlement offered and what happens next for people who filed on time. There is nothing left to submit.
Who Was Covered?
The settlement class was made up of individuals who were notified by Cadence Bank that their personal identifying information was included in files affected by the MOVEit data breach, which occurred around May 28-31, 2023. The MOVEit incident affected hundreds of organizations that used the MOVEit file-transfer tool; the Cadence Bank settlement resolves the claims of Cadence customers whose information was involved.What the Settlement Offered
Class members who filed a valid, timely claim could choose between two benefit options, plus credit protection:- $100 alternative cash payment for class members who did not want to document losses.
- Up to $12,500 in reimbursement for documented ordinary and extraordinary losses fairly traceable to the breach (for example, fraud losses, unreimbursed bank fees, and certain time spent).
- Two years of credit monitoring and identity-theft protection services.
The exact payout depends on which option a class member elected and on administrative review of documented-loss claims. Because the deadline has passed, these benefits are available only to those who filed on time.
What Happens Next?
The court's final approval hearing is scheduled for July 9, 2026. If the court grants final approval and no appeals delay the process, the settlement administrator will begin issuing payments to class members who filed valid claims. Payment timing after approval varies and can take several weeks to months. The official settlement website is the best place to check the case status and payment updates.If you filed a claim, watch for your payment by the method you selected and be alert for scams: legitimate settlement administrators never charge a fee to release a class action payment and will not ask for your banking passwords or a "processing payment" to send your check. To find cases you can still file, see our roundup of open data breach settlements and our explainer on how a data breach class action works.
Frequently Asked Questions
Can I still file a claim in the Cadence Bank MOVEit settlement?
No. The claim deadline was June 4, 2026 and it has passed; the settlement administrator stated the deadline would not be extended. If you filed a valid claim on time, payments are expected after the court grants final approval. This page is informational — there is nothing left to file.
What did the settlement offer?
The $5.25 million settlement offered class members either a $100 alternative cash payment or reimbursement of up to $12,500 for documented ordinary and extraordinary losses tied to the breach, plus two years of credit monitoring and identity-theft protection. Class members who filed on time will receive their chosen benefit after final approval.
When will payments be sent?
Payments follow the court's final approval and the resolution of any appeals. The final approval hearing is scheduled for July 9, 2026. Exact payment timing depends on the court's ruling and administrative processing; the official settlement website is the best place to check for updates.
Who was covered by the settlement?
The settlement covered individuals who were notified by Cadence Bank that their personal identifying information was included in files affected by the MOVEit data breach, which occurred around May 28-31, 2023. The Cadence Bank matter is part of the broader In re MOVEit Customer Data Security Breach Litigation.
