moveitcadencesettlement.com
MOVEitCadenceSettlement.com is the official information and claims website for Cadence Bank’s proposed $5.25 million MOVEit data breach settlement.
What is MOVEitCadenceSettlement.com?
The website explains a class action called Pratt v. Cadence Bank, which forms part of the larger In re MOVEit Customer Data Security Breach Litigation in Massachusetts federal court.
Its main purpose was to notify affected people, collect claims, publish court documents, and share settlement updates.
The site is managed by Simpluris, the court-appointed settlement administrator.
Its listed case number is 1:23-md-03083-ADB-PGL (official settlement website).
Why was Cadence Bank sued?
Cybercriminals accessed the MOVEit Transfer system used by Cadence Bank between May 28 and May 31, 2023.
The affected files may have contained personal identifying information belonging to Cadence customers and other individuals.
The lawsuit accused Cadence Bank of failing to use reasonable data security practices.
Cadence denies wrongdoing and says the claimant would not necessarily win at trial.
The parties chose a settlement to avoid the cost, time, and uncertainty of further litigation (settlement FAQs).
Claims against Progress Software, the company behind MOVEit, are not resolved by this Cadence settlement.
Who was included in the settlement?
The class covers people in the United States who received a notice from Cadence Bank saying their personal information was included in affected MOVEit files.
Cadence began sending those notices around September 15, 2023.
Simply being a Cadence customer was not enough by itself.
The key test was whether Cadence notified the person about this specific incident.
Company leaders, certain related organizations, court personnel, and people who validly opted out were excluded.
What benefits did the settlement offer?
Cadence agreed to place $5.25 million into a common settlement fund.
Eligible people could claim two years of monitoring from all three major credit bureaus.
The protection also included dark-web monitoring, fraud help, identity restoration support, and up to $1 million in identity-theft insurance.
Claimants could request up to $2,500 for ordinary losses connected to the breach.
Examples included bank fees, postage, certain phone costs, travel costs, and credit-monitoring purchases.
This category also allowed payment for up to four hours of lost time at $25 per hour.
Claimants could separately seek up to $10,000 for documented extraordinary losses, including fraud losses, professional fees, or credit-repair costs.
Instead of claiming losses, a person could request an alternative payment initially valued at $100.
That cash amount could be reduced if claims exceeded the available money or increased to as much as $1,000 if funds remained (official benefit details).
The often-advertised “up to $12,500” figure combined the $2,500 ordinary-loss limit with the $10,000 extraordinary-loss limit.
It was not an automatic payment.
Can someone still submit a claim?
No, the claim deadline was June 4, 2026, and the online form now states that the deadline has passed (official claim form).
The deadlines for opting out or objecting also passed on May 5, 2026.
Someone who missed the deadline can contact the administrator, but the published terms do not promise that a late claim will be accepted.
The administrator’s phone number is 833-647-9001, and its email address is info@MOVEitCadenceSettlement.com (official contact page).
When will approved claims be paid?
The final approval hearing was scheduled for July 9, 2026, at 10:00 a.m.
However, as of July 18, 2026, the website still says the court must decide whether to approve the settlement.
It does not yet publish a confirmed payment date.
Payments can begin only after final approval becomes effective and any appeals are resolved.
This means an approved claim does not create an immediate right to payment.
The final amount also depends on the number and value of all valid claims.
Claimants should watch the official website for a final approval order, appeal information, and payment updates.
Does the website appear legitimate?
Yes, the site shows several strong signs of being the authorized settlement portal.
It names the federal court, judge, case number, settlement administrator, lawyers, hearing information, and official mailing address.
A federal preliminary-approval order also identifies the settlement schedule and the same case details (preliminary approval order).
Still, users should open the address directly and check that the domain is exactly moveitcadencesettlement.com.
They should never pay a fee to receive settlement money.
They should also avoid giving passwords, banking login details, or full card information to callers claiming they can speed up a payment.
-- post a comment --