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Abbott Laboratories Employees Credit Union (ALEC) Data Breach Settlement

Settlement Amount
Up to $2,500 + pro rata
Claim Deadline
September 3, 2026
Total Fund
$150,000

Abbott Laboratories Employees Credit Union (ALEC) has agreed to settle litigation over an August 2024 data incident affecting approximately 36,044 current and former customers and other individuals. Eligible class members may claim documented out-of-pocket losses up to $2,500 per claimant and/or a separate pro rata cash payment from a $150,000 shared fund (not a flat $2,500), plus two years of CyEx Financial Shield Pro. Claim deadline: September 3, 2026.

Do I Qualify?

You may be eligible if:

Login ID and PIN required: Use credentials from your settlement notice to file at ALECDataSettlement.com. Documentation required only for the $2,500 documented-loss tier: Provide bank statements, receipts, or similar records showing unreimbursed losses tied to the breach; self-prepared notes alone are insufficient. Pro rata tier: No documentation required for a share of the separate $150,000 fund. You may claim one or both cash benefits.

File your claim through the official settlement website at alecdatasettlement.com before September 3, 2026.

File Your Claim →

What Happened?

Around August 2, 2024, ALEC discovered unauthorized access involving its systems in a targeted cyberattack. Certain files containing private information were accessed. Those files may have included names, financial account information, and Social Security numbers for approximately 36,044 current and former customers and other individuals.

The lawsuit is Laura Bogdan, Marissa Foresta, Lakeena Thompson, Sonia J. Perez, Kelly Monastiriakos, Lloyd Garcia, Karla Garcia, Sharita Medina, and John Williams v. Abbott Laboratories Employees Credit Union, Case No. 2026CH000033, pending in the Circuit Court of McHenry County, Illinois. Plaintiffs allege ALEC failed to adequately protect private information. ALEC denies wrongdoing but agreed to settle.

The settlement offers two distinct cash paths you may combine: documented-loss reimbursement up to $2,500 per claimant, and a separate pro rata payment from a $150,000 aggregate fund. Do not confuse the $2,500 per-claimant documented-loss cap with the $150,000 shared pro rata pool — they are different benefits. Class members may also enroll in two years of CyEx Financial Shield Pro.

Opt-out and objection deadlines are August 4, 2026. The Final Approval Hearing is September 18, 2026 at 9:00 a.m. Central Time. Payments distribute after final approval and resolution of any appeals.

How to File Your Claim

  1. Visit ALECDataSettlement.com and click Submit Claim
  2. Enter your login ID and PIN from your settlement notice
  3. Choose documented out-of-pocket loss reimbursement up to $2,500 and/or the separate pro rata cash payment from the $150,000 fund — you may claim one or both
  4. Upload receipts, bank statements, or other documentation only for the documented-loss tier
  5. Optionally activate two years of CyEx Financial Shield Pro using the enrollment code sent with your notice
  6. Submit online by September 3, 2026, or mail a completed claim form postmarked by that date
  7. Mail: ALEC Data Incident Settlement, c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799-9958
  8. Questions: (833) 421-7235 or info@ALECDataSettlement.com
  9. Visit the official claim form: https://alecdatasettlement.com/

How Much Will I Actually Get?

Class members may claim one or both cash benefits. (1) Reimbursement for documented out-of-pocket losses up to a $2,500 per-claimant cap for losses traceable to the breach incurred between August 2, 2024 and September 3, 2026 (identity theft or fraud losses, credit report/monitoring fees, freezing or unfreezing credit, ID replacement, postage, and similar expenses) — documentation required. (2) Separately, a pro rata cash payment drawn from a $150,000 aggregate fund shared among all valid pro rata claimants, with no documentation required; your individual share depends on how many valid claims are filed. These are not the same number: $2,500 is a per-person documented-loss ceiling, while $150,000 is the total shared pro rata pool. All class members may also enroll in two years of CyEx Financial Shield Pro with $1 million financial fraud insurance.

Last reviewed: July 12, 2026 | Information verified from court records and official settlement documents.

Frequently Asked Questions

Who qualifies for the Abbott Laboratories Employees Credit Union (ALEC) data breach settlement?
You may qualify if you are a U.S. resident who was sent a breach notice stating that your personal information was potentially compromised in the ALEC Data Incident discovered on or about August 2, 2024. The class covers approximately 36,044 current and former customers and other individuals. Exposed data may include names, financial account information, and Social Security numbers.
How much can I get from the ALEC settlement — is the $2,500 the same as the $150,000 fund?
No. These are two separate benefits, and you may claim one or both. Documented out-of-pocket losses are reimbursed up to a $2,500 per-claimant cap for losses incurred between August 2, 2024 and September 3, 2026. Separately, ALEC funded a $150,000 aggregate pool that is divided pro rata among everyone who submits a valid pro rata claim — that shared pool is not a $2,500 flat payment. Final pro rata amounts depend on how many valid claims are filed.
What is the ALEC settlement claim deadline?
Claims must be submitted online or postmarked by September 3, 2026. The opt-out and objection deadline is August 4, 2026. The Final Approval Hearing is September 18, 2026 at 9:00 a.m. Central Time in the Circuit Court of McHenry County, Illinois, Case No. 2026CH000033.
Do I need documentation to file an ALEC claim?
Documentation such as bank statements or receipts is required only if you claim reimbursement for documented out-of-pocket losses up to $2,500. Self-prepared notes alone are not enough but may support other proof. The separate pro rata cash payment from the $150,000 fund requires no documentation. All class members may also enroll in two years of CyEx Financial Shield Pro monitoring.
Who is the ALEC settlement administrator?
The settlement is administered as ALEC Data Incident Settlement, c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799-9958. Call toll-free (833) 421-7235 or email info@ALECDataSettlement.com. File only at ALECDataSettlement.com — the court-authorized settlement website, not ALEC's corporate site.
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