March 4, 2026
A family-owned Nebraska bank has agreed to pay $2.4 million to resolve its part in a MOVEit software security incident affecting customers’ personal data, according to a consumer’s bid for preliminary approval of a proposed class action settlement in Massachusetts federal court.
Settlement class representative Paul F. Bender moved Tuesday for an order granting preliminary approval of the proposed class action settlement agreement between himself and Union Bank and Trust Co., headquartered in Lincoln, Nebraska, in the multidistrict litigation over the May 2023 cyberattack on Progress Software Corp.’s MOVEit file-transfer software.
…
The plaintiffs are represented by Kristen A. Johnson of Hagens Berman Sobol Shapiro LLP, E. Michelle Drake of Berger Montague PC, Gary F. Lynch of Lynch Carpenter LLP, Douglas J. McNamara of Cohen Milstein Sellers & Toll PLLC, Karen H. Riebel of Lockridge Grindal Nauen PLLP, and Charles E. Schaffer of Levin Sedran & Berman LLP.
Read Neb. Bank Reaches $2.4M Deal To Settle MOVEit Breach Suit .