Kronos Lawsuit Payout: What You Need to Know
Remember that December 2021 ransomware attack that crippled Kronos, the workforce management software giant? It sent shockwaves through countless businesses, disrupting payroll and timekeeping for millions of employees. But what followed was a saga of lawsuits, settlements, and now, potential payouts. So, if you were affected by the Kronos outage, here’s the lowdown on the Kronos lawsuit payout:
The Big One: The $6 Million Settlement
Kronos itself agreed to a $6 million settlement in July 2023 to resolve a class-action lawsuit stemming from the data breach. This was a broad settlement covering various claims, including potential privacy violations and disruptions to business operations. However, this doesn’t directly translate to individual payouts for employees.
Individual Employee Payouts: Cargill and Beyond
Several companies using Kronos faced their own lawsuits from employees claiming unpaid wages due to the outage. One such case saw Cargill, the food giant, settle for $2.4 million with its employees in September 2023. Similarly, the University of Massachusetts Memorial Medical Center settled for $1.2 million. These settlements provide individual payouts to affected employees, depending on their specific circumstances.
The Figueroa Settlement: Your Possible Payday
The most significant development for individual employees might be the “Figueroa v. Kronos Inc.” lawsuit. This case specifically addressed potential wage-and-hour violations due to the Kronos outage. If the court approves the proposed settlement, eligible employees could receive payouts ranging from $290 to $580, depending on the number of claims submitted. Remember, this is just an estimate, and the actual amount could vary.
But There’s a Catch (of course)
To receive a payout from the Figueroa settlement, you need to submit a valid claim form before the deadline. Failing to do so means forfeiting your potential share. So, if you think you might be eligible, be sure to visit the official settlement website (https://www.kronosbipasettlement.com/) for details and instructions.
Conclusion: It’s Not Over Yet
While some settlements have been reached, the legal ramifications of the Kronos outage are still unfolding. New lawsuits might emerge, and individual cases could require separate legal action. If you were affected, staying informed and consulting with an employment lawyer familiar with the Kronos situation is crucial.
Frequently Asked Questions (FAQs):
Am I eligible for a payout?
It depends. Visit the Figueroa settlement website (https://www.kronosbipasettlement.com/) and see if your employer is listed.
What’s the deadline for submitting a claim?
The deadline is constantly changing, so check the official website for the latest information.
Do I need a lawyer?
While not mandatory, legal counsel can navigate the complexities and maximize your potential payout.
What if my employer isn’t part of the Figueroa settlement?
You might still have individual claims against your employer. Consult an attorney for expert advice.
Where can I find more information?
The official settlement website (https://www.kronosbipasettlement.com/) and legal news websites are valuable resources.
What if I have more questions?
Don’t hesitate to reach out to an employment lawyer specializing in wage-and-hour disputes.
Remember, this information is for general awareness only and doesn’t constitute legal advice. For specific guidance regarding your situation, consult with a qualified legal professional.