Welcome to the Settlement website for the MOVEit Security Incident Class Action Settlement

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If you received notice from Cadence Bank that your personally identifying information was potentially compromised in Cadence Bank’s MOVEit-related security incident, you may receive a payment or other benefits from a class action settlement.

A Settlement has been proposed in in a class action lawsuit against Cadence Bank (“Defendant” or “Cadence”). The Settlement resolves claims against Cadence brought by an individual who was notified by Cadence that their personally identifying information (“PII”) was included in files affected by the MOVEit data security incident (the “MOVEit Data Breach”), which occurred between May 28, 2023, and May 31, 2023. Cadence began notifying impacted individuals on or about September 15, 2023. The MOVEit Data Breach resulted from an alleged vulnerability in the third-party file transfer application, MOVEit Transfer, that Cadence used in its ordinary course of business. Claims against Progress Software Corporation (“Progress”), the licensor of the MOVEit Transfer, have not been resolved and the litigation will continue against Progress.

Under the proposed Settlement, you may be eligible to receive two (2) years of credit monitoring and identity theft protection services in addition to reimbursement of ordinary losses up to $2,500.00; reimbursement of extraordinary losses up to $10,000.00; or an alternative cash payment of up to $100.00 (subject to pro rata reduction or increase pending total claim submission). To receive a cash payment and/or credit monitoring services, you must complete and timely submit a Claim Form, subject to approval by the Settlement Administrator.

Please read this website carefully. Your legal rights will be affected, and you have a choice to make now.

These rights and options—and the deadlines to exercise them—are explained in the Notice and FAQs page.

The Court in charge of this case still has to decide whether to approve the Settlement. Payments will be made if the Court approves the Settlement after any appeals are resolved.