Lyon Real Estate - Data Breach Class Action Settlement
What Is the Lyon Real Estate Settlement About?
This class action lawsuit alleges that Lyon Real Estate experienced a data security incident between April 18, 2023 and May 4, 2023, during which an unauthorized actor accessed certain files stored on Lyon’s computer systems.
According to Lyon’s investigation, the accessed files may have contained personally identifying information (PII), including names, dates of birth, driver’s license numbers, Social Security numbers, tax identification numbers, medical information, health insurance information, and/or credit card information. Individuals who were notified that their information may have been affected are included in the Settlement Class.
Lyon denies wrongdoing, and the Court has not decided who is right. The parties agreed to a proposed settlement to resolve the claims without further litigation.
How Much Is the Lyon Real Estate Settlement Payout?
Lyon has agreed to create a $637,500 Settlement Fund to provide benefits to eligible Settlement Class Members.
If you submit a valid and timely claim, you may be eligible for one or more of the following benefits:
- Reimbursement of up to $10,000 per Class Member for certain documented losses related to the data incident
- Five years of Identity Theft and Fraud Monitoring, including $1,000,000 in insurance coverage, for those who elect this benefit
- A California statutory cash payment for Class Members who are California residents (or resided in California on April 18, 2023)
- A residual cash payment, distributed on a pro rata basis if funds remain after all settlement expenses and payments
The final payout amount will vary depending on the number of valid claims submitted and the benefits requested.
Am I Eligible to File a Claim?
You may be eligible to file a claim if:
- You were notified by Lyon Real Estate or a Lyon affiliate that your PII may have been affected by the 2023 data security incident, and
- You are a member of the Settlement Class and did not exclude yourself from the Settlement
Submitting a Claim Form is required to receive any settlement benefits.
Is the Lyon Real Estate Settlement Legit?
Yes. The Lyon Real Estate data security settlement is legitimate, and the Supreme Court of the State of California, County of Sacramento has authorized the official settlement website.
Eligible individuals can use the court-approved website to submit a claim, review settlement documents, and contact the settlement administrator.
When’s the Claim Deadline?
You must submit a Lyon Real Estate settlement claim form online or by mail by February 5, 2026.
Claims submitted after this date will not be eligible for settlement benefits.
Who Qualifies for the Lyon Real Estate Settlement?
The Lyon Real Estate class action settlement covers individuals whose personally identifying information may have been compromised during the April–May 2023 data security incident, and who received notice from Lyon or a Lyon affiliate.
Class Members who remain in the Settlement must submit a Claim Form to receive benefits.
How Do I File a Lyon Real Estate Settlement Claim Form?
To submit a Lyon Real Estate settlement claim form, visit the official Lyon Data Incident Settlement website and complete the online form. Filing online is the fastest option, but paper claim forms are also available.
If you file a claim, you will give up the right to sue Lyon Real Estate or other released parties separately over the claims resolved by this Settlement. If you do nothing, you will not receive settlement benefits and will give up those legal rights.
