SitusAMC to Pay $5.3M Over Massive Data Breach
Hundreds of thousands of people will receive cash payouts following a major security incident at SitusAMC Holdings.
coinbeat.newsSitusAMC Holdings Corporation is settling a class action lawsuit for 5.3 million dollars following a security incident that exposed the personal information of nearly 663,000 people. The firm suffered unauthorized access to its systems in November 2025, leading to the exfiltration of sensitive user data.
Under the terms of the settlement, affected individuals can claim up to 5,000 dollars for documented losses. Those without specific proof of financial damage are eligible for a cash payment estimated at 75 dollars. California residents may qualify for an additional 50 dollars, and all class members will receive one year of credit monitoring services.
SitusAMC maintains that it did not engage in any wrongdoing. The company confirmed that it successfully contained the incident and clarified that no ransomware was involved in the breach. The court has not yet ruled on the merits of the case.
If you were impacted by this event, keep in mind that the deadline to file a claim is November 6, 2026. A final hearing to approve the settlement is scheduled for November 11, 2026. It is important for those affected to review their official notices and monitor the claims process closely.
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