In March 2024, MarineMax, a leading retailer of recreational boats and yachts, experienced a significant data breach that compromised sensitive customer information. This MarineMax Data breach class action settlement led to a class action lawsuit, culminating in a $1,018,825.50 settlement. If you received a notification letter from MarineMax or its subsidiary, Newcoast, regarding this incident, you may be eligible for compensation. This article provides an in-depth overview of the settlement, including background information, eligibility criteria, potential compensation amounts, claim filing procedures, and important deadlines.
Background of the MarineMax Data Breach Class Action Settlement
In early March 2024, MarineMax detected unauthorized access to its data environment, leading to the exposure of personal information belonging to approximately 123,494 individuals. The compromised data included names, Social Security numbers, driver’s license numbers, and bank account information. Upon discovering the breach, MarineMax promptly initiated an internal investigation and engaged cybersecurity experts to assess the extent of the intrusion and implement remedial measures.
Following the MarineMax Data breach class action settlement, affected individuals began receiving notification letters from MarineMax and Newcoast, informing them of the incident and advising them on steps to protect their identities. Despite these efforts, concerns remained regarding the adequacy of MarineMax’s data security measures prior to the breach. This led to the filing of a class action lawsuit, Lomedico, et al. v. MarineMax Inc., et al., in the United States District Court for the Middle District of Florida, Tampa Division.
The plaintiffs alleged that MarineMax failed to implement reasonable cybersecurity measures to safeguard customer data, thereby violating various state and federal laws. They contended that the company’s negligence resulted in significant risks, including identity theft and financial fraud, for the affected individuals. MarineMax denied any wrongdoing but agreed to settle the lawsuit to avoid the uncertainties and expenses associated with prolonged litigation.
The settlement agreement, reached in April 2025, established a fund of $1,018,825.50 to compensate eligible class members and cover administrative costs. The court granted preliminary approval of the settlement, setting the stage for affected individuals to submit claims for reimbursement.
Who Is Eligible for the Settlement?
You may be eligible for compensation under the MarineMax data breach settlement if you meet the following criteria:
- Notification Letter Recipient: You received a data breach notification letter from MarineMax or Newcoast informing you that your personal information was compromised in the March 2024 data breach.
- Residency: You are a natural person residing in the United States.
It’s essential to have received official communication regarding the breach to qualify for this settlement.
Potential Compensation Amounts
Eligible claimants can receive the following benefits:
- Identity Theft Losses: Reimbursement of up to $5,000 for documented losses directly resulting from identity theft related to the data breach.
- Out-of-Pocket Expenses: Reimbursement of up to $2,000 for documented expenses incurred due to the breach, such as professional fees, credit monitoring services, and related costs.
- Credit Monitoring Services: If you did not previously accept MarineMax’s offer of two years of credit monitoring, you can receive up to three years of one-bureau credit monitoring. Those who accepted the initial offer can receive an additional 12 months of monitoring.
- Pro Rata Cash Payment: After other claims and expenses are paid, the remaining funds will be distributed among claimants, capped at $500 per person.
How to File a Claim
To file a claim:
- Obtain the Claim Form: Visit the official settlement website to access the claim form.
- Complete the Form: Fill out the form with accurate personal information and details of your claim.
- Provide Documentation: Attach supporting documents for your claimed losses, such as bank statements, invoices, or receipts.
- Submit the Claim: Submit the completed form and documentation online or mail it to the designated settlement administrator’s address provided on the form.
Ensure all information is accurate to avoid delays or denial of your claim.
Important Deadlines
- Claim Submission Deadline: June 13, 2025.
- Exclusion and Objection Deadline: May 14, 2025.
- Final Approval Hearing: June 17, 2025.
Mark these dates to ensure you don’t miss out on potential compensation.
Conclusion
The MarineMax data breach settlement offers affected individuals an opportunity to receive compensation for losses and expenses incurred due to the 2024 data breach. If you received a notification letter regarding this incident, take prompt action to file your claim before the June 13, 2025 deadline. For more details and to access the claim form, visit the official settlement website.