$1.5M SouthState Bank Data Breach Settlement: Up to $3,500 for Affected Customers Here’s How to Claim Before June 15

A proposed class action settlement has been reached with SouthState Bank, N.A., over unauthorized access to the bank’s computer network on February 7, 2024, that potentially exposed current and former customers’ private information — including names, dates of birth, addresses, telephone numbers, financial account numbers, and Social Security numbers. If you received a notice from SouthState Bank about this breach, you may claim up to $3,500 in documented losses plus free credit monitoring. The claim deadline is June 15, 2026.

Quick Facts

FieldDetail
Settlement Amount$1,500,000 Cash Fund
Claim DeadlineJune 15, 2026
Who QualifiesU.S. residents notified that their data was exposed in the February 7, 2024 breach
Maximum Payout (With Proof)Up to $3,500 (Cash Payment A — Documented Losses)
Payout Without ProofPro rata share of remaining Cash Fund (Cash Payment B)
Free Credit Monitoring1 year + $1,000,000 identity theft insurance — automatic for all class members
Proof RequiredYes for Cash Payment A / No for Cash Payment B
Settlement StatusProposed — Final Approval Hearing June 22, 2026
AdministratorSimpluris Settlement Administration LLC
Official WebsiteSouthStateBankDataSettlement.com
Administrator Phone(888) 232-0977
Opt-Out / Objection DeadlineMay 15, 2026

Where the Settlement Stands Right Now

  • The Court is scheduled to hold a Final Approval Hearing on June 22, 2026 at 10:15 a.m. ET at the Circuit Court of the Tenth Judicial Circuit, Polk County, Florida.
  • Claims are open now — you do not need to wait for final approval to submit your claim form, and the deadline is June 15, 2026, one week before the hearing.
  • Cash payments will be distributed and credit monitoring enrollment opened as soon as possible after the Court grants final approval and any appeals are resolved.

What Happened in the SouthState Bank Data Breach

On February 7, 2024, a third party unlawfully accessed SouthState Bank’s computer network and obtained the private information of current and former customers. On March 29, 2024, the bank began notifying potentially impacted individuals.

The plaintiffs alleged that hackers already used the personal information obtained in the breach to engage in identity theft, and that a high risk remains of further crimes including opening bank accounts, taking out loans, or obtaining fake driver’s licenses in victims’ names.

The plaintiffs alleged claims for negligence, breach of contract, breach of fiduciary duty, and unjust enrichment, arising from SouthState Bank’s claimed failure to implement proper cybersecurity protocols to protect sensitive customer data. SouthState Bank denies all wrongdoing.

Who Qualifies to File a Claim

You may qualify if:

  • You live in the United States and received official notice from SouthState Bank that your private information may have been exposed in the February 7, 2024 data incident
  • Your exposed information may have included your name, date of birth, address, telephone number, financial account number, or Social Security number
  • You have not already opted out of this settlement
  • You are not a director, officer, or agent of SouthState Bank, N.A.

The settlement class consists of all living persons residing in the United States who were sent notice that their private information may have been impacted in the data incident on or around February 7, 2024.

How Much You Can Receive

The settlement offers two types of cash payments — you can file for one or both on a single claim form.

Cash Payment A — Documented Losses (Up to $3,500)

Settlement class members may submit a claim for up to $3,500 for unreimbursed documented losses relating to fraud or identity theft if the loss is an actual, documented, and unreimbursed monetary loss more likely than not caused by the data incident and incurred after February 7, 2024.

Qualifying documented losses include:

  • Bank fees, overdraft charges, late fees, or declined payment fees caused by fraud
  • Costs for credit monitoring or identity theft protection purchased because of the breach
  • Fees to place or remove a credit freeze
  • Professional fees paid to address identity fraud (attorneys, accountants, fraud specialists)
  • Replacement costs for government-issued identification
  • Long-distance phone charges, postage, notary, or similar costs
  • Fraudulent, unreimbursed charges directly traceable to misuse of your information from the breach

Related article: Walmart and TeleCheck $1.85M Check Fees Settlement, What Every Shopper Needs to Know

$1.5M SouthState Bank Data Breach Settlement, Up to $3,500 for Affected Customers Here's How to Claim Before June 15

Cash Payment B — Pro Rata Cash (No Proof Required)

Settlement class members may also request a pro rata (proportional) cash payment. Valid claims for Cash Payment A will be paid first, and the remaining balance of the Cash Fund will then be distributed for Cash Payment B claims. The exact per-person amount depends on how many class members file claims — the fewer claims filed, the larger each share.

Free Credit Monitoring — Automatic for All Class Members

All settlement class members who do not opt out automatically receive one year of credit monitoring with one credit bureau, plus $1,000,000 in identity theft insurance. Settlement class members will be able to activate the service using the unique credit monitoring code emailed or mailed to them once the settlement receives final approval. You do not need to file a claim form to receive this benefit.

How to File Your Claim — Step by Step

Step 1 — Go to the official settlement website Visit SouthStateBankDataSettlement.com and click “Submit a Claim.”

Step 2 — Enter your personal details Provide your name, mailing address, email address, and the unique ID from your class notice if you have it.

Step 3 — Select your payment type Choose Cash Payment A (documented losses), Cash Payment B (pro rata cash), or both. You only need one claim form regardless of which options you select.

Step 4 — Upload your documentation (Cash Payment A only) To receive reimbursement for documented losses, you must submit reasonable documentation generated by a third party supporting your claim — such as credit card statements, bank statements, invoices, telephone records, and receipts. Personal certifications or declarations alone are not considered proper documentation.

Step 5 — Submit your claim before the deadline Your online claim form must be submitted by 11:59 p.m. ET on June 15, 2026. If mailing a paper form, it must be postmarked by June 15, 2026, and sent to: Gregory Maricle, et al., v. SouthState Bank, N.A., c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799.

Step 6 — Save your confirmation Keep your confirmation number or email receipt as proof of submission.

Estimated time to complete: 10–15 minutes (longer if gathering documentation for Cash Payment A)

Key Dates

MilestoneDate
Data Breach OccurredFebruary 7, 2024
SouthState Began Notifying CustomersMarch 29, 2024
Lawsuits Filed and Consolidated2024
Case Name FinalizedGregory Maricle, et al. v. SouthState Bank, N.A., No. CACE-2024CA-002530
Opt-Out DeadlineMay 15, 2026
Objection DeadlineMay 15, 2026
Claim Filing DeadlineJune 15, 2026 at 11:59 p.m. ET
Final Approval HearingJune 22, 2026 at 10:15 a.m. ET
Expected Payment DateTBD — after final approval and any appeals

Frequently Asked Questions

Do I need a lawyer to file a claim? 

No. Class counsel — Jeff Ostrow and Kristen Cardoso of Kopelowitz Ostrow P.A. and Mariya Weekes of Milberg PLLC — already represent you and all other settlement class members at no direct cost to you. You file your claim directly through the settlement website without hiring your own attorney.

Is this settlement legitimate?

 Yes. The case is pending in the Circuit Court of the Tenth Judicial Circuit in and for Polk County, Florida, under Case No. CACE-2024CA-002530, and a Final Approval Hearing is scheduled for June 22, 2026. The settlement administrator is Simpluris, a nationally recognized court-appointed claims administration firm.

When will I receive my payment?

 Cash payments will be distributed as soon as possible after the Court grants final approval of the settlement and after any appeals are resolved. The Final Approval Hearing is June 22, 2026, but appeals could delay payment further. Expect several months minimum from the hearing date.

What if I missed the claim deadline? 

The claim deadline is June 15, 2026 — it has not passed yet. If you are reading this before that date, you still have time to file. After that deadline passes, late claims will not be accepted and you will lose your right to a cash payment, though the credit monitoring benefit remains automatic for all class members who do not opt out.

Will this settlement payment affect my taxes? 

Payments for documented out-of-pocket losses are generally not taxable if they reimburse actual expenses. Pro rata cash payments may be treated differently. The settlement administrator will provide further information about tax implications — consult a tax professional if you receive a significant payment.

What does “pro rata” mean for Cash Payment B?

 Pro rata means your share is proportional to the number of valid claims filed. If fewer people file claims, each person’s share of the remaining Cash Fund is larger. If many people file, each share is smaller. The exact amount per person is unknown until after the June 15 claim deadline passes.

What happens if I do nothing?

 If you do nothing, you will give up your right to sue SouthState Bank about the issues resolved by this settlement. You will not receive a cash payment, but you will still be able to activate your unique credit monitoring code to receive the free credit monitoring benefit.

Can I still sue SouthState Bank on my own instead of joining the settlement? 

Yes — but only if you formally opt out by May 15, 2026. If you opt out, you will not be bound by the settlement terms and you keep the right to sue SouthState Bank separately, but you will not receive any benefits from the settlement. Consult an attorney before opting out, as individual data breach cases are difficult and expensive to pursue.

Sources & References

  • Official Settlement Website — SouthStateBankDataSettlement.com
  • Circuit Court of the Tenth Judicial Circuit, Polk County, Florida — Gregory Maricle, et al. v. SouthState Bank, N.A., Case No. CACE-2024CA-002530
  • SouthState Corp. — Form 10-K, SEC Filing, 2025

Last Updated: March 26, 2026

Disclaimer: This article is for informational purposes only and does not constitute legal advice. Legal claims and outcomes depend on specific facts and applicable law. For advice regarding a particular situation, consult a qualified attorney.

About the Author

Sarah Klein, JD, is a licensed attorney and legal content strategist with over 12 years of experience across civil, criminal, family, and regulatory law. At All About Lawyer, she covers a wide range of legal topics — from high-profile lawsuits and courtroom stories to state traffic laws and everyday legal questions — all with a focus on accuracy, clarity, and public understanding.
Her writing blends real legal insight with plain-English explanations, helping readers stay informed and legally aware.
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