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Sosa v Onfido Settlement Payout Date – Check the payment schedule!

The Court approved the Sosa v. Onfido Settlement on November 9, 2023. Class members who submitted valid claims will receive their payouts in instalments over three years, starting with the first payment on February 1, 2024.

Sosa v Onfido Settlement Payout Date

The Court approved the Sosa v Onfido settlement on November 9, 2023. Class members who submitted valid claims will receive their payouts in instalments over three years, starting with the first payment on February 1, 2024. 

The exact amount and timing of each instalment depends on your class membership (Financial Institution or Non-Financial Institution) and chosen payment method (electronic or paper check).

The lawsuit covered individuals who used apps or websites that integrated Onfido’s verification services between June 12, 2015, and May 5, 2023.

Sosa v. Onfido Settlement Approval Payout

The Court approved the Sosa v. Onfido settlement on November 9, 2023, paving the way for payouts to eligible class members. Here’s a breakdown of the key details:

Claimants:

  • Individuals in Illinois who uploaded a photo/video and ID to apps/websites using Onfido’s services between June 12, 2015, and May 5, 2023.
  • Divided into two classes:
    • Financial Institution (FI) Class: Used apps/websites of financial institutions with Onfido verification.
    • Non-Financial Institution (NFI) Class: Used apps/websites of non-financial institutions with Onfido verification (e.g., OfferUp).
  • Payment Method: Did you choose electronic payment (Venmo, PayPal, Zelle) or paper check?

Electronic Payments:

Instalment Date NFI Class (Estimated Amount) FI Class (Estimated Amount)
1st February 1, 2024 $69.51 $23.69
2nd February 3, 2025 $55.61 $18.95
3rd February 2, 2026 $55.61 $18.95
4th February 2, 2027 $97.30 $33.18
Total $278.03 $94.77

Paper Checks:

Instalment Date NFI Class (Estimated Amount) FI Class (Estimated Amount)
1st February 1, 2024 $69.51 $23.69
2nd (Final) February 2, 2027 $208.52 $71.08
Total $278.03 $94.77

Note:

  • These are estimated amounts. The actual payout may vary depending on the number of valid claims submitted.
  • Electronic payments are strongly encouraged due to:
    • Faster receipt: You’ll receive your instalments sooner compared to paper checks.
    • Increased security: Electronic payments reduce the risk of lost or stolen checks.
    • Convenience: No need to update your address for the final payment.

Sosa v Onfido Settlement Payout Date

Sosa v. Onfido Settlement Eligibility 

Eligibility:

  • You must have been an Illinois resident between June 12, 2015, and May 5, 2023.
  • You must have uploaded a photo or video of yourself and a photo ID to an app or website that used Onfido’s identity verification services.
  • You did not provide written consent specifically authorizing Onfido to collect your biometric data.

Two Claim Classes:

The settlement divides eligible individuals into two classes:

  • Financial Institution (FI) Class: Includes individuals whose identity was verified by a financial institution app or website using Onfido (e.g., banks, credit unions).
  • Non-Financial Institution (NFI) Class: Includes individuals whose identity was verified by a non-financial institution app or website using Onfido (e.g., online marketplaces, ride-sharing services).

Sosa v. Onfido Settlement Claim Submission 

Even though the deadline to submit a claim has passed on October 6, 2023, here are some alternative options:

Understanding the Situation:

  • The claim submission period for the Sosa v. Onfido settlement closed on October 6, 2023.
  • If you submitted a valid claim form before this deadline, you’ll potentially receive payouts according to the approved schedule.
  • If you haven’t submitted a claim, you are unfortunately no longer eligible for a payout from this specific settlement.

Alternative Options:

  • Individuals who did not submit a claim can still:
    • Monitor the official settlement website: for updates and potential future distributions of unclaimed funds.
    • Consider individual legal action: Consult with an attorney to explore potential options for pursuing individual claims against Onfido.

Unclaimed Funds and Future Distributions in the Sosa v. Onfido Settlement

While the claim submission deadline for the Sosa v. Onfido settlement has passed, there are still some things to know about unclaimed funds and potential future distributions:

Understanding Unclaimed Funds:

  • What are they? Any electronic payments or paper checks that remain undelivered or unclaimed after 180 days from their issuance date are considered unclaimed funds.
  • What happens to them? These funds revert back to the respective settlement fund (FI or NFI) for redistribution.

Possibility of Future Distributions:

  • Court Approval Required: Any redistribution of unclaimed funds requires court approval.
  • Distribution Criteria: The Court will determine the specific criteria for distributing these funds, which could involve:
    • Additional instalments to existing class members.
    • Distribution to other eligible individuals who missed the initial claim deadline.
    • Transfer to cy pres recipients (organisations aligned with the settlement’s objectives).

Go to Bscnursing Homepage To get Relevant Topics.

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