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Crossroads Trading has agreed to a $600,000 class action settlement resolving claims it failed to adequately protect employee and customer data compromised in a February 2025 data breach.
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U.S. residents whose personal information was compromised or impacted in the Crossroads Trading data breach on February 15, 2025, or who received a breach notice, are eligible.
Documentation of losses such as phone bills, internet bills, and receipts for credit reports is required for documented loss claims; no proof is needed for the $25 alternative cash payment.
Settlement Amount
$600K
Claim Form Deadline
10/13/2026
Exclusion Deadline (Opt-Out)
09/14/2026
Final Approval Hearing
01/13/2027
Plaintiffs alleged that Crossroads Trading failed to prevent a data breach on Feb. 15, 2025, that allegedly compromised Social Security numbers and other sensitive employment data. The lawsuit further claimed that Crossroads Trading failed to implement reasonable cybersecurity measures, failed to detect the breach in a timely manner, and failed to promptly notify affected individuals. Crossroads Trading has not admitted any wrongdoing but has agreed to a $600,000 settlement to resolve these allegations. This page is for informational purposes only and does not constitute legal advice.
Eligible class members may receive up to $5,000 for documented losses related to the breach, which may include long-distance telephone charges, cell phone minutes, internet usage charges, credit report costs, credit monitoring expenses, and identity theft damages. Class members without documented losses may instead receive an estimated alternative cash payment of $25. California residents may also be eligible to receive an additional $100 statutory cash payment, which may be received in conjunction with either a documented loss payment or an alternative cash payment. Actual payout amounts are not guaranteed and may vary based on the total number of valid claims submitted.
Settlement: $600K Crossroads Trading Data Breach Class Action Settlement
Claim Deadline: October 13, 2026
Exclusion/Objection Deadline: September 14, 2026
Final Approval Hearing: January 13, 2027
Settlement Website: CrossroadsSettlement.com
Think you might have a case? If you believe you've been affected by a similar situation, browse our list of Class Action Lawsuits and Open Class Action Settlements you may be able to join!
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