Professional Finance Company Data Breach Settlement
PublishedJanuary 27, 2025
UpdatedJuly 25, 2026
Claims are closed. The official claim deadline was April 25, 2025. The official website posts a final approval order but does not announce a payment distribution date.
Claims are closed. The official claim deadline was April 25, 2025. The official website posts a final approval order but does not announce a payment distribution date.
StatusPayments PendingSee the current-status update above.
Claim DeadlineApril 25, 2025The filing window has passed.
Settlement Fund$2.5 millionDeductions are governed by court orders.
Potential BenefitUp to $500Benefit rules varied by claim type.
What Happened?
The lawsuit concerned a February 2022 incident that allegedly allowed an unauthorized party to access files containing personal information held by Professional Finance Company. The defendant denied the allegations, liability, and wrongdoing. The parties agreed to settle to avoid the cost, delay, and uncertainty of continued litigation.
Who Was Covered?
The settlement covered people whose information was impacted in the February 2022 Professional Finance Company incident.
What Benefits Were Available?
Eligible Social Security number subclass members could seek up to $500 for unreimbursed losses, an additional $50 if they were California residents at the relevant time, and 24 months of credit monitoring. Other subclass benefits were governed by the settlement documents.
How Claims Were Filed
During the filing period, eligible class members could submit a claim through the official settlement website or use the paper form made available by the administrator. Documentation requirements depended on the benefit selected. The filing window is now closed.
• Final approval: Order posted on the official website
• Claim deadline: April 25, 2025
• Payment date: Not announced
Settlement Fund and Legal Fees
Court-approved notice, administration, legal-fee, expense, and other permitted amounts are governed by the settlement documents and court orders. Those deductions can affect the amount available for eligible claims.
Case Information
The case is Rodriguez v. Professional Finance Company, Inc., Case No. 1:22-cv-01679-RMR-STV, in the U.S. District Court for the District of Colorado.