May 15, 2025
A Massachusetts federal judge has granted final approval to National Student Clearinghouse’s proposed $9.95 million settlement resolving allegations that the student data company’s lax security practices exposed Social Security numbers and personal information in the hack of Progress Software’s MOVEit file transfer tool.
U.S. District Judge Allison D. Burroughs certified a nationwide settlement class of all individuals whose Social Security number was exposed in the 2023 incident. The deal allows National Student Clearinghouse to exit sprawling multidistrict litigation over the breach and creates a $9.95 million fund that pays class members for two years of credit monitoring. Class members can also recoup losses from the breach of up to $12,500 or a cash payment of $100, which could be increased or decreased depending on the number of claims made.
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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 Student Clearinghouse Gets Final OK For $10M Breach Deal.