$31.5M Flagstar Bank Data Breach Settlement: Up to $25,000, Claims Due Aug 11, 2026

Settlement Amount:

$31,500,000

Claim Deadline:

August 11, 2026

Proof Required:

Settlement Claim ID from your notice; receipts only for documented losses

Official Settlement Website:

FlagstarSettlement.com

What Is the Case About?

Flagstar Bank experienced two data breaches in 2021 — first via the Accellion file-sharing platform in January 2021 (about 1.47 million people), then a December 2021 breach expanding the total to roughly 2.19 million affected individuals. The lawsuit alleges Flagstar failed to adequately protect personal information and delayed breach notifications. Flagstar denies wrongdoing.

Who Qualifies?

You qualify if you received an email or postcard notice with a Settlement Claim ID. The class includes about 2,187,170 U.S. consumers, plus roughly 364,000 California residents eligible for additional benefits.

How Much Can You Get?

  • Up to $25,000 for documented out-of-pocket losses (receipts required)
  • Approximately $60 flat cash payment (potentially up to $599 depending on claim volume)
  • Three years of free three-bureau credit monitoring
  • Up to $100 additional for California residents under the CCPA

How to File

File online using your Claim ID, or mail a completed claim form by August 11, 2026. Only documented-loss claims require supporting documentation.

Key Deadlines

  • Opt-out / objection deadline: June 29, 2026
  • Final approval hearing: October 1, 2026

Case Details

Case Number 2:21-cv-10657-MFL-DRG
Court U.S. District Court, E.D. Michigan (Judge Matthew F. Leitman)
Administrator Eisner Advisory Group LLC
Settlement Amount $31,500,000

File / Check Official Settlement Site

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By Steve Levine. OpenClassActions.org is a consumer news and information site and is not a class action administrator, class counsel, or a law firm. This page summarizes a public class action settlement and is general information, not legal advice. Deadlines and payment timing may change — always verify details at the official settlement website before filing. Class action claim forms are submitted under penalty of perjury; submit only truthful information.