
Horizon Actuarial was involved in a class action lawsuit due to its alleged failure to accurately calculate pension benefits for its clients.
The lawsuit claimed that Horizon Actuarial's methods resulted in underfunded pension plans, which could have significant financial implications for plan participants.
In 2014, the lawsuit was settled, with Horizon Actuarial agreeing to pay $1.5 million to resolve the claims.
The settlement was reached after months of negotiations between the parties involved.
Horizon Actuarial Class Action Lawsuit
If you've had your personal information impacted by the Horizon data breach, you may be eligible to file a lawsuit to compensate you for your time, financial losses, and future risk of identity theft.
Horizon Actuarial Services announced breaches of protected health information of up to 194,000 plan members. Two servers were hacked, and files were compromised, including names, dates of birth, Social Security numbers, and health plan information.
If you're unsure about your eligibility or how to proceed, a data privacy attorney can help you investigate your claim and determine the best course of action.
Investigating the Breach & Claims
The Horizon Actuarial Class Action Lawsuit is a significant case that affects many individuals. Horizon Actuarial Services has announced a data breach that exposed protected health information of up to 194,000 plan members.
The breach occurred when two servers were hacked, compromising sensitive personal data. This included names, dates of birth, Social Security numbers, and health plan information.
If you've had your personal information impacted by the Horizon data breach, you may be able to file a lawsuit to compensate you for your time, financial losses, and future risk of identity theft. The Lyon Firm is actively involved in personal privacy and data theft cases and is currently investigating the Horizon Actuarial Services data breach claims on behalf of victims in Georgia and nationwide.
The data breach was notified in November 2021 by a potential ransomware cybercriminal who claimed to have stolen the personal data of Horizon plan members.
Deadlines
The last day for objection or exclusion on the suit has passed as of January 22, 2024.
Only a few hours remain for claimants to file a form online or through the mail, which is due today, February 21.
A final hearing on the settlement has been scheduled for March 25, which is a significant milestone in this process.
Payments will likely not go out to claimants for some time, but they should see their funds well before the year ends.
Sources
- https://www.thelyonfirm.com/class-action/data-breach/horizon-actuarial/
- https://www.law360.com/cases/625f2989188609020777cea9/articles
- https://www.techtarget.com/searchsecurity/news/252517955/Victims-of-Horizon-Actuarial-data-breach-exceed-1M
- https://www.the-sun.com/money/10456065/final-hours-payment-data-breach-settlement/
- https://www.law.com/dailyreportonline/2022/05/06/man-sues-horizon-actuarial-over-data-breach-claims/
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