NOTICE OF PROPOSED CLASS ACTION SETTLEMENT
United States District Court District of South Carolina
Burnelle et al. v. Sage Home Loans Corp.
Case No. 0:24-cv-00972-MGL
A Court has authorized this Notice. This is not a solicitation from a lawyer.
If You Previously Received a Notice From SHLC Stating Your Personal Information May Have Been Impacted By Suspicious Activity On SHLC Network As A Result of the Data Incident You Are Eligible to Receive Payments from a Class Action Settlement
- If you are receiving this Notice, you are eligible to receive a payment from a proposed $925,000 class action Settlement. The Action is titled Burnelle et al. v. Sage Home Loans Corp., Case No. 0:24-cv-00972-MGL and is pending in the United States District Court for the District of South Carolina. The Persons that filed the class action lawsuit are called Plaintiffs or “Class Representatives” and the company they sued is Sage Home Loans Corporation f/k/a Lenox Financial Mortgage Corporation d/b/a/ Weslend Financial (“Defendant” or “SHLC”). SHLC, as part of its business operations, collects and stores personal information pertaining to its customers, including, but not limited to, names, addresses, Social Security Numbers, driver’s license numbers, loan numbers, and financial information. SHLC also collects Personal Information, such as names, addresses and Social Security numbers, of employees in connection with their employment.
- What Happened? The Action alleges that on or about December 19, 2023, SHLC noticed suspicious activity on its network. In response, to the Data Incident, SHLC launched an investigation that revealed that an unauthorized actor accessed individuals’ Personal Information (“PI”). At the time of the Data Incident, SHLC had approximately 135,000 customers who had provided Personal Information to SHLC while obtaining a mortgage, and employees who provided Personal Information in connection with their employment.
- What Information Was Involved? The information that was impacted varies by individual, but could have included name, address, Social Security Number, date of birth, driver’s license number, and financial account numbers.
- SHLC denies any wrongdoing whatsoever and denies that it has any liability but has agreed to settle the lawsuit on a class-wide basis.
- What You Can Do? To submit a Claim visit www.LenoxSHLCsettlement.com or call (833) 627-4707 to request a Claim Form no later than March 13, 2025. The Settlement provides the following Cash Payments for Settlement Class Members that file Valid Claims:
- Compensation for Ordinary Losses: Compensation for unreimbursed ordinary losses fairly traceable to the Data Incident, may be up to a total of $1,500 per person. Settlement Class Members must submit documentation supporting their Claims for ordinary losses; AND
- Compensation for Lost Time: Settlement Class Members with time spent remedying issues related to the Data Incident may receive reimbursement of $25 per hour up to five hours (for a total of $125) with an attestation, including a brief description of the action(s) taken in response to the Data Incident; OR
- Alternate Compensation: Instead of selecting compensation for ordinary losses or compensation for lost time, a Settlement Class Member may elect to receive a flat payment in the amount of $50.
- Compensation for Ordinary Losses: Compensation for unreimbursed ordinary losses fairly traceable to the Data Incident, may be up to a total of $1,500 per person. Settlement Class Members must submit documentation supporting their Claims for ordinary losses; AND
- For more information, visit the Document page or call (833) 627-4707.
- Please read this Notice carefully. Your legal rights will be affected, and you have a choice to make at this time.
| Summary of Legal Rights | Deadline(s) | |
Submit a Claim Form
| The only way to receive a Settlement Class Member Benefit from the Settlement. | Submitted or postmarked on or before March 13, 2025. |
Exclude Yourself by Opting Out of the Class
| Receive no benefit from the Settlement. This is the only option that allows you to keep your right to bring any other lawsuit against SHLC relating to the Data Incident. | Mailed and postmarked on or before Monday, May 19, 2025.
|
Object to the Settlement and/or Attend the Final Approval Hearing
| You can write the Court about why you agree or disagree with the Settlement. The Court cannot order a different Settlement. You can also ask to speak at the Final Approval Hearing on June 18, 2025, about the fairness of the Settlement, with or without your own attorney. | Mailed and postmarked on or before Monday, May 19, 2025. |
Do Nothing
| You will not receive any Cash Payment from this class action Settlement. | N/A |
- Your rights and options as a Settlement Class Member – and the deadlines to exercise your rights – are explained in this Notice.
- The Court still will have to decide whether to approve the Settlement. Cash Payments to Settlement Class Members will be made only if the Court approves the Settlement and after any possible appeals are resolved.