Class Actions from Mode

New River Electrical Corp. $425K Data Breach Settlement: Claim Up to $3,000

People affected by the 2024 New River Electrical Corporation data breach may qualify for compensation from a $425,000 class action settlement.

Eligible individuals can claim:

  • Up to $3,000 for documented losses
  • An estimated $50 cash payment
  • Two years of credit monitoring services

If you received a notice about the breach, here’s what you need to know — and how to file before the deadline.

Why This Lawsuit Was Filed?

The lawsuit alleges that unauthorized parties accessed files containing sensitive personal information during an April-May 2024 cyberattack involving New River Electrical Corp.

According to the complaint, the company allegedly failed to adequately protect the private information of current and former employees affected by the incident.

New River Electrical Corp. denies wrongdoing but agreed to settle the lawsuit to avoid the expense and uncertainty of continued litigation.

Who Qualifies?

You may qualify if:

  • You reside in the United States
  • Your private information was potentially compromised in the New River Electrical Corp. data breach discovered in May 2024
  • You received a notice from New River Electrical Corp. about the incident

The settlement states that the data breach impacted approximately 9,875 current and former employees.

Who Is Excluded?

Excluded individuals include:

  • New River Electrical Corp. and related entities
  • Company officers and directors
  • Government entities
  • Attorneys involved in the case
  • Judges assigned to the litigation
  • Individuals who opt out of the settlement
  • Anyone found responsible for the data breach

What Can Class Members Receive?

Eligible class members may claim one or more settlement benefits depending on their situation.

Expense Reimbursement

Class members can claim up to:
$3,000 for documented out-of-pocket losses

Eligible expenses may include:

  • Credit report costs
  • Credit freeze fees
  • Card replacement fees
  • Bank fees
  • Late fees
  • Payday loan interest and fees
  • Postage and mileage expenses
  • Credit monitoring or identity theft protection purchased after April 30, 2024


Losses must:

  • Be directly related to the data breach
  • Occur between April 30, 2024, and July 20, 2026
  • Not already be reimbursed by another source

Supporting documentation is required.

Alternative Cash Payment

Class members who do not submit expense claims may instead elect to receive:

An estimated $50 cash payment

No documentation is required for this option.

The final amount may be reduced depending on the number of valid claims submitted.

Credit Monitoring

All settlement class members may also receive:

  • Two years of one-bureau credit monitoring services

Your Options at a Glance

OptionWhat It MeansDeadline
File a ClaimReceive settlement benefitsJuly 20, 2026
Opt OutExclude yourself from the settlementJune 19, 2026
ObjectTell the court why you disagree with the settlementBefore final approval
Do NothingReceive no settlement benefitsN/A

How to File a Claim?

Eligible class members can submit a claim online or by mail.

Information You’ll Need

To file online, you’ll need the:

  • Login ID
  • PIN

These can be found on the settlement notice you received.

If you cannot locate your information, the settlement administrator says you may request it by emailing:

[email protected]

Be prepared to provide:

  • Your full name
  • Mailing address

Filing by Mail

You may also print and complete a paper claim form and mail it to:

NREC Data Settlement Administrator
c/o Settlement Administrator
P.O. Box 25226
Santa Ana, CA 92799

Payment Options

Approved claimants may choose payment by:

  • PayPal
  • Venmo
  • Zelle
  • Virtual prepaid card
  • Paper check

Credit monitoring enrollment information will also be provided to approved claimants.

When Will Payments Be Sent?

According to the settlement website, payments and credit monitoring codes are expected to be issued approximately:

  • 30 days after claim processing is complete, or
  • 75 days after final court approval

whichever occurs later.

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Filing Settlement Claims

Important: If you do not qualify for this settlement, do not submit a claim.
Submitting false or misleading information will result in your claim being rejected and may carry legal consequences for perjury. Dishonest claims also take away from Class Members who are rightfully entitled to settlement benefits.
If you’re unsure about your eligibility, visit the official Settlement Administrator’s website and review their FAQ. (Note: modeclassactionsdaily.com is an informational resource only and is not affiliated with any class action administrator.)Don’t qualify for this one? Browse our database of other open settlements you may be eligible to join.