Michaels
Per Person
$25–$200
Total Fund
$3.5 million
Deadline
May 6, 2015
Filed
Jan 1, 2013
Plaintiffs alleged Michaels failed adequately securing customer payment card systems against cyberattacks. Consumers argued exposed card data increased fraud and identity theft risks. Michaels denied wrongdoing while agreeing to compensate affected shoppers and enhance security practices. The settlement followed broader retail industry scrutiny surrounding payment system vulnerabilities.
Consumers who used payment cards at Michaels or Aaron Brothers stores during covered breach periods qualified for compensation. Eligible shoppers allegedly had debit or credit card information exposed through compromised payment terminals. Consumers could submit claims for documented fraud losses, replacement card costs or time spent addressing identity theft issues. Purchasers nationwide potentially qualified.