A proposed Settlement has been reached with SouthState Bank, N.A., the Defendant, in a class action lawsuit about unauthorized access to the Defendant’s computer network on or about February 7, 2024 (“Data Incident”) that potentially exposed current and former customers’ Private Information (i.e., names, dates of birth, addresses, telephone numbers, financial account numbers, and Social Security numbers). The Action alleges claims against the Defendant for negligence, breach of contract, breach of fiduciary duty, and unjust enrichment arising from its claimed failure to implement proper cybersecurity protocols to protect sensitive customer data. The Defendant denies all wrongdoing.
You are included in this Settlement as a Settlement Class Member if you live in the United States and were sent notice that your Private Information was impacted in the Data Incident on February 7, 2024.
The proposed Settlement requires the Defendant to establish a Cash Fund of $1,500,000.00 to provide up to $3,500.00 in reimbursement for documented losses as a result of fraud and/or identity theft and pro rata (proportional) Cash Payments to Settlement Class Members. In addition to the Cash Fund, the Defendant will also pay for Credit Monitoring for all Settlement Class Members with insurance coverage for fraud and/or identity theft, as well as Settlement Administration Costs, and Court-approved Attorney’s Fees, Costs, and Service Awards.
Your rights are affected whether you act or don’t act. Please read this website carefully and completely.
Summary of Your Legal Rights and Options in this Settlement | Deadline | ||
File a Claim | The only way to receive a Cash Payment Benefit from this Settlement is to submit a valid and timely Claim Form. You can do so online here. All Settlement Class Members who do not opt-out of the Settlement will automatically receive the Credit Monitoring benefit. You do not need to submit a Claim Form to receive this benefit. | No Deadline | |
Opt Out of the Settlement | If you opt-out, you will not be bound by the terms of the Settlement and you keep the right to sue the Defendant about the claims resolved by this Settlement. You will not receive any benefits from the Settlement. | May 15, 2026 | |
Object to the Settlement and/or Attend a Hearing | If you do not opt-out of the Settlement, you may object to it and tell the Court what you do not like about it. You may also ask the Court for permission to speak about your objection at the Final Approval Hearing. If you object, you can still file a Claim. | May 15, 2026 | |
Do Nothing | If you do nothing, you will not receive a Cash Payment from this Settlement and will give up the right to sue, continue to sue, or be part of another lawsuit against the Defendant related to the legal claims resolved by this Settlement. You will remain a Settlement Class Member and will be able to activate your Credit Monitoring code. | No Deadline | |
These rights and options—and the deadlines to exercise them—are explained further on the FAQs page.
The Court in charge of this case still has to decide whether to approve the Settlement.
Upcoming Important Dates
Objection Deadline
5/15/2026
Opt Out Deadline
5/15/2026
Claim Deadline
6/15/2026
Final Approval Hearing
6/22/2026 at 10:15 a.m. ET