Well, thanks to the negligence of my old bank coupled with what I consider to be a pretty half-assed coverup job by its affiliates, I am awaiting response from a local law firm who is heading a class action suit against People's United Bank, among other banks tied up in the incident.
Just a brief synopsis of what happened, People's Bank and a few others share customer data with BNY Mellon. While transporting information by truck, a box of tapes full of unencrypted data with the personal information and account numbers of as many as 4.5 million customers managed to "vanish". Rather than report it immediately as required by CT state law, they gave no mention of it to any authorities for nearly a month. Hell, I didn't even get the letter in the mail officially informing me of the incident until May 31st. This bank, as it was also discovered, also threw out customer information in dumpsters without shredding or incinerating it, since it was "costly and time consuming."
Link to CT Post article here:
http://www.connpost.com/ci_9397948
So now, I have to watch my credit score/history like a hawk for years to come, to protect myself from identity theft.
So my question to all of you, have any of you joined in on a class action suit before? Was much, if any, additional followup on your part required once the case was underway? How did you end up compensation-wise?
My father is also curious about this, as he is looking into joining a class action suit against a pharmaceutical company who covered up the effects of a drug, ultimately causing death among 10's of thousands by renal failure for patients who underwent open heart surgery (which lead to the death of my grandmother as well).