P

Purpose Financial

Purpose Financial settled a $7.75 million class action for a 2023 data breach affecting consumer information.

ClosedUnited States-wideClaim status: Closed on February 2, 2026Payout: Up to $5,000 in out-of-pocket expenses, plus cash payments of about $50, with an additional $50 for California residentsNo longer claimable

About this settlement

Compensation for consumers whose personal information was compromised in a data breach involving Purpose Financial.

This settlement resolves claims that Purpose Financial failed to protect consumer data in a February 2023 breach, offering reimbursement for related expenses and cash payments to affected individuals.

Who qualifies

  • Consumers who received a data breach notification from Purpose Financial.
  • Individuals whose names and Social Security numbers appeared in the impacted files.
  • Those who incurred out-of-pocket expenses due to the breach.

Up to $5,000 in out-of-pocket expenses, plus cash payments of about $50, with an additional $50 for California residents

Claim status: Closed on February 2, 2026

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