In 2016, hackers accessed Eddie Bauer’s Point of Sale systems and installed malicious software that infected all 350 American and Canadian Eddie Bauer stores. The security breach compromised the names, credit and debit card numbers, card expiration dates, card verification values, and other credit and debit card information of Eddie Bauer customers.
As a result of the breach, financial institutions, including Veridian Credit Union, incurred costs related to cancellation and re-issue of their account-holder’s payment cards, as well as the need to provide additional customer support. TBS attorneys Chase Alvord and Kim Stephens represent Veridian Credit Union in the class action suit.
On June 12, 2019 United States District Court Judge James L. Robart preliminarily approved a $9.8 million Settlement Agreement that will compensate impacted credit union account holders, improve Eddie Bauer’s security, and cover legal fees and administration costs.
Each Settlement Class Member will be individually notified through the U.S. Mail and the Settlement Administrator will establish a toll-free number and Settlement Website to provide information about the Settlement. The deadline to file a claim will be October 25, 2019.
On October 25, 2019, United States District Court Judge James L. Robart entered an order and final judgment approving the settlement and certifying the settlement class.