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The settlement allows plaintiffs to be reimbursed for up to $25,000 in out-of-pocket expenses and lost time that is traceable to the T-Mobile data breach. It also allows them to enroll in two years' worth of identity protection services at no cost and provides restoration services for those facing identity theft.

Seven Ways to Protect Your Assets from Litigation and Creditors Purchase Insurance. Insurance is crucial as a first line of protection against speculative claims that could endanger your assets. ... Transfer Assets. ... Re-Title Assets. ... Make Retirement Plan Contributions. ... Create an LLC or FLP. ... Set Up a DAPT. ... Create an Offshore Trust.

If you are a Settlement Class Member, there are benefits available to you from the proposed settlement. If you are unsure of whether you are eligible for benefits, visit the FAQs on this Website or call 1-833-512-2314. We have received inquiries regarding the status of the settlement.

How much can I get from the T-Mobile settlement? The amount on offer varies greatly, and is largely based on the severity of the data breach suffered by the customer. Current and former customers are entitled to a flat $25 as a base amount. Californians are eligible for a cash payment of $100.

The settlement benefits individuals whose information was compromised in the T-Mobile data breach announced Aug. 16, 2021. In August 2021, T-Mobile announced it had been the victim of a data breach that compromised sensitive information of current, former and prospective customers.

Putting assets in trusts, insurance policies, retirement plans and offshore accounts are among the most common ways to protect your assets. You can also protect them through forming Limited Liability Companies, establishing prenuptial agreements and including arbitration clauses in your contracts.

One of the most effective strategies for preserving your assets is to establish a family trust. When you create a family trust, you put assets in the trust solely for the use of your family members. Your family can include blood relatives as well as relatives through marriage.