If you received a notice about the Tri Counties Bank data breach discovered in February 2023, you may qualify for cash compensation and identity protection benefits from a $1.185 million class action settlement.
Eligible individuals could receive up to $5,000 for documented losses, a $100 cash payment, and additional benefits, depending on their situation.
The settlement resolves claims that a data security incident potentially exposed sensitive personal information. If your information may have been affected, you may be able to submit a claim before the deadline.
Why This Lawsuit Exists?
The lawsuit claims Tri Counties Bank failed to adequately protect customer data, which allegedly allowed a third party to gain unauthorized access to certain database files.
According to the complaint, the data breach potentially exposed sensitive personal information and resulted from negligent data security practices, breach of contract and statutory violations.
Tri Counties Bank denies any wrongdoing or liability, but agreed to settle the case to avoid the costs, risks and delays of continued litigation.
Who Qualifies?
You may be included in the settlement class if:
Your private information was potentially involved in the Tri Counties Bank data security incident discovered in February 2023
You received a data breach notification letter, which was mailed around October 12, 2023
If you received this notice, you are likely eligible to submit a claim for settlement benefits.
How Much Can You Get?
Settlement class members may qualify for several types of benefits, depending on their claim.
Documented Loss Payment
Up to $5,000 per person
Covers out-of-pocket losses and time spent dealing with the breach
Requires documentation such as receipts, invoices or bank statements
Examples of qualifying expenses may include:
Credit monitoring or fraud resolution services
Credit report costs purchased between Feb. 7, 2023, and April 21, 2026
Charges for phone calls or internet usage related to the incident
Expenses related to identity theft or fraud
Alternative Cash Payment
$100 payment
Available to class members without documented losses
Amount may be reduced depending on the number of claims
California Statutory Payment
$150 additional payment
Available to individuals who lived in California at any time between Feb. 7, 2023, and April 21, 2026
Requires a sworn statement confirming residency
Identity Theft Protection
All claimants may also request:
One year of identity theft and fraud monitoring
Up to $1,000,000 in identity theft insurance
Access to a fraud resolution specialist
Your Options
| Option | What It Means | Deadline |
|---|---|---|
| Submit a Claim | File a claim to receive settlement benefits. This is the only way to get compensation. | April 21, 2026 |
| Exclude Yourself | Opt out of the settlement and keep your right to file your own lawsuit. | April 21, 2026 |
| Object | Tell the court why you disagree with the settlement terms. | April 21, 2026 |
| Do Nothing | You will receive no payment and will give up the right to sue over the claims in this case. | No action required |
Final Fairness Hearing: April 22, 2026
How to File a Claim?
To receive compensation or monitoring benefits, you must submit a claim form online or by mail.
You will need:
Your CPT ID from the settlement notice
Your passcode (for online claims)
If you no longer have your CPT ID or passcode, you can request assistance by emailing:
To claim documented losses, you must provide supporting documentation such as:
Receipts
Bank statements
Invoices
Records showing expenses related to the data breach
Mail-in claims should be sent to:
Dryden v. Tri Counties Bank
c/o CPT Group Inc.
PO Box 19504
Irvine, CA 92623
Online claimants may select electronic payment options, while mail claimants will receive checks by mail.
Payments will be distributed after the court grants final approval and any appeals are resolved.
