Court Grants Final Approval to Stein Mart Data Breach Class Action Settlement

On October 19, 2021, the United States District Court for the District of Delaware issued an order that granted final approval to a settlement that was reached between a class of consumers and defendants Stein Mart and Social Annex. The case began following an announcement on November 13, 2018 that the credit and debit card data of certain consumers who had made an online purchase at Stein Mart via the Social Annex platform had been compromised in a data security incident. Social Annex is an entity that enables consumers to carryover and use log-on credentials from their accounts on certain websites (such as Amazon and Facebook) to make purchases on the websites of third party merchants such as Stein Mart.

Pursuant to the settlement, consumers impacted by this data breach incident were eligible to recover up to $220 for time spent and losses incurred as a direct result of the event. Anyone with “extraordinary” expenses could claim up to $4,000. The settlement also provided for certain enhancements in the security and business practices at Social Annex.

Additional information about the settlement agreement can be obtained from the attorney listed below, or the settlement website at http://www.kylessecurityincidentsettlement.com/. A copy of the Final Approval Order can be found here.