A Settlement has been reached with Transak USA, LLC (“Transak” or “Defendant”) in a class action lawsuit. This case is about the targeted cyberattack on Transak's computer systems that occurred in September 2024 (“Data Incident”). Certain files that contained Private Information were accessed. These files may have contained addresses, driver’s license numbers, and dates of birth.
The lawsuit is called Pearson v. Transak USA, LLC, Case No. CACE-25-010305. It is pending in the Circuit Court for Broward County, Florida (“Litigation”). Transak denies that it did anything wrong, and the Court has not decided who is right. The Parties have agreed to settle the lawsuit (“Settlement”) to avoid the costs and risks, disruptions, and uncertainties of continuing the Litigation.
If you received notice of this Settlement, then Transak's records indicate that you are a Settlement Class Member, and entitled to benefits under the Settlement. Settlement Class Members may have received a previous notice directly from Transak.
Your rights are affected whether you act or don’t act. Please read the Notice carefully and completely.
Summary of Your Legal Rights and Options in This Settlement | Deadline | |
Submit a Claim | The only way to receive a Cash Payment from this Settlement is by submitting a valid and timely Claim Form. The fastest way to submit your Claim Form is online here. If you prefer, you can download the Claim Form here and mail it to the Settlement Administrator. You may also call or email the Settlement Administrator to receive a paper copy of the Claim Form. | December 1, 2025 |
Opt-Out of the Settlement | You can choose to opt-out of the Settlement and receive no Cash Payment. This option allows you to sue, continue to sue, or be part of another lawsuit against the Defendants related to the legal claims resolved by this Settlement. You can hire your own lawyer at your own expense. | November 17, 2025 |
Object to the Settlement and/pr Attend a Hearing | If you do not opt-out of the Settlement, you may object to it by writing to the Court about why you don’t like the Settlement. You may also ask the Court for permission to speak about your objection at the Final Approval Hearing. If you object, you may also file a claim for Cash Payment. | November 17, 2025 |
Do Nothing | Unless you opt-out of the Settlement, you are automatically part of the Settlement. If you do nothing, you will not receive a Cash Payment from this Settlement and you 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. | No Deadline |
These rights and options—and the deadlines to exercise them—are explained in the Notice and FAQs.
The Court in charge of this case still has to decide whether to approve the Settlement.
Upcoming Important Dates
Opt Out Deadline
11/17/2025
Objection Deadline
11/17/2025
Claim Deadline
12/1/2025
Final Approval Hearing
12/15/2025 at 8:30 a.m.