Schnucks reaches data breach settlement
Schnuck Markets (Schnucks) has settled lawsuits resulting from a 2013 data breach, agreeing to pay customers for “documented lost time,” fraudulent charges and “extraordinary unreimbursed monetary losses” likely resulting from the breach.
The Circuit Court of the City of St. Louis in Missouri approved the settlement, giving Schnucks the green light to notify customers of the decision. The Midwestern grocery chain will begin sending checks to shoppers who have filed valid claims.
They will receive up to $200 for out-of-pocket expenses and lost time; $10 for each credit or debit card with fraudulent charges and as much as $10,000 for extraordinary unreimbursed monetary losses.
Last summer, the company's insurer, Liberty Mutual Insurance Co., claimed in court that the grocer's policy doesn't include the cost of lawsuits resulting from the breach.