In Re: Evolve Bank & Trust: Settlement Agreement

In Re: Evolve Bank & Trust: Preliminary Approval Order

In Re: Evolve Bank & Trust: Claim Form

In Re: Evolve Bank & Trust: Long Form Notice

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You must complete and mail your opt-out request so that it is postmarked no later than Wednesday, October 15, 2025.

Last Day of Opt-Out Date

You must mail your objection(s) and/or notice of intent to appear at the Final Approval Hearing so that it/they are postmarked no later than Wednesday, October 15, 2025.


Last Day of Objection Date

You must submit your Claim Form on-line no later than Thursday, October 30, 2025, or mail your completed paper Claim Form so that it is postmarked no later than Thursday, October 30, 2025.

Claim Form Deadline

The Final Approval Hearing is scheduled for Friday, November 14, 2025 @ 2:00 p.m. CT. Please check this Settlement Website for updates.

Final Approval Hearing Date

In Re: Evolve Bank &amp; Trust

This Settlement Website is authorized by the Court, supervised by counsel to the Parties, and controlled by the Settlement Administrator approved by the Court. This is the only authorized website for this case. For more information, please use the <a href="https://forms.ksacms.com/efiling/fr/contactus/general2/new?form-version=1&amp;case_code=83177">Contact Us</a> page, or call (833) 421-7300, Monday through Friday 8 a.m. to 8 p.m. ET (excluding major U.S. holidays). You may also write to:  In re Evolve Bank &amp; Trust Customer Data Security Breach Litigation c/o Kroll Settlement Administration LLC P.O. Box 225391 New York, NY 10150-5391

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If you have any questions about this settlement, please contact Kroll.   The Parties to this lawsuit, including Evolve, cannot speak to you about this lawsuit or the Settlement.   NOTICE OF PROPOSED CLASS ACTION SETTLEMENT United States District Court for the Western District of Tennessee   In Re: Evolve Bank &amp; Trust Customer Data Security Breach Litigation MDL No. 2:24-md-03127-SHL-cgc    A Court has authorized this Settlement Website. This is not a solicitation from a lawyer.<hr/>If You Are A Person in the United States Who Provided Their Private Information to Evolve Bank &amp; Trust (“Defendant”), Directly or Indirectly, and Whose Private Information Was Included in Files Affected by the Data Incident, You Are Eligible to Receive a Settlement Class Member Benefit from a Class Action Settlement.<hr/><ul><li style="text-align:justify;">A Court authorized this Notice, to those that are eligible to receive Settlement Class Member Benefits from a proposed class action Settlement relating to a data security matter involving unauthorized access to Defendant’s information systems in February and May 2024, including those belonging to Defendant’s personal banking customers and Evolve FinTechs’ customers (“Data Incident”). The Action is titled In Re: Evolve Bank &amp; Trust Customer Data Security Breach Littig., MDL No. 2:24-md-03127-SHL-cgc and is pending in the United States District Court for the Western District of Tennessee. The persons that filed the class action lawsuit are called Plaintiffs or Class Representatives and the company they sued is Evolve Bank &amp; Trust (or Defendant). Defendant denies any wrongdoing whatsoever. All capitalized terms not defined herein are defined in the FAQ section <a href="/faq">here</a>.  </li><li style="text-align:justify;">Who is a Settlement Class Member?</li></ul>All persons in the United States who provided their Private Information to Evolve, directly or indirectly, and whose Private Information was included in files affected by the Data Incident.  Private Information may include names, dates of birth, Social Security numbers, drivers’ license numbers, bank account numbers, and contact information. Excluded from the Settlement Class are (a) all persons who are governing board members of Defendant; (b) governmental entities; and (c) the Court, the Court’s immediate family, and Court staff and (d) any Settlement Class Member who timely and validly requests to opt-out from the Settlement.<ul><li style="text-align:justify;">Settlement Benefits <ul><li style="text-align:justify;">Credit Monitoring: Settlement Class Members may elect one (1) year of monitoring that will provide the following benefits: Credit Monitoring, real-time alerts, and insurance coverage for up to $1,000,000 for identity theft. The Credit Monitoring Settlement Class Member Benefit has a value of $110 per year per Settlement Class Member.</li><li style="text-align:justify;">Class Member Option: In addition to Credit Monitoring, each Settlement Class Member may choose one of the below options, but not both.<ul><li style="text-align:justify;">Cash Payment A – Documented Losses: Settlement Class Members may submit a Claim for a Cash Payment for up to $3,000 per Settlement Class Member that includes reasonable documentation supporting the losses related to the Data Incident, upon submission of a Valid Claim and supporting documentation, for documented losses incurred as a result of the Data Incident; or</li><li style="text-align:justify;">Cash Payment B – Flat Cash: In addition to Cash Payment A – Documented Losses above, a Settlement Class Member may elect to receive Cash Payment B – Flat Cash, which is a flat Cash Payment in an estimated amount of $20.</li></ul></li></ul></li></ul>All Settlement Class Cash Payments (Cash Payment A and Cash Payment B) will be subject to a pro rata increase from the Settlement Fund in the event the amount of Valid Claims is insufficient to exhaust the entire Settlement Fund. Similarly, in the event the amount of Valid Claims exhausts the amount of the Settlement Fund, the amount of the Cash Payments may be reduced pro rata accordingly.<ul><li style="text-align:justify;">To <a href="https://forms.ksacms.com/efiling/fr/eform/evolvesettlement_claimform/new?form-version=1">submit a Claim Form</a>, obtain more information, or request a Claim Form, visit <a href="https://forms.ksacms.com/efiling/fr/contactus/general2/new?form-version=1&amp;case_code=83177">here</a> or you may contact the Settlement Administrator at (833) 421-7300, Monday through Friday 8 a.m. to 8 p.m. ET (excluding major U.S. holidays) to request a Claim Form no later than October 30, 2025.</li></ul>  Please read this Settlement Website carefully. Your legal rights will be affected, and you have a choice to make at this time.<figure class="table" style="width:87.99%;"><table class="ck-table-resized"><colgroup><col style="width:22.14%;"/><col style="width:49.7%;"/><col style="width:28.16%;"/></colgroup><tbody><tr><td style="background-color:#D0CECE;border:1.0pt solid black;height:13.65pt;padding:0in 5.4pt;vertical-align:top;width:2.0in;"> </td><td style="background-color:#D0CECE;border-bottom-style:solid;border-color:black;border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;height:13.65pt;padding:0in 5.4pt;vertical-align:top;width:189.05pt;">Summary of Legal Rights</td><td style="background-color:#D0CECE;border-bottom-style:solid;border-color:black;border-left-style:none;border-right-style:solid;border-top-style:solid;border-width:1.0pt;height:13.65pt;padding:0in 5.4pt;vertical-align:top;width:166.55pt;">Deadline(s)</td></tr><tr><td style="border-bottom-style:solid;border-color:black;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;height:49.9pt;padding:0in 5.4pt;vertical-align:top;width:2.0in;">Submit a Claim Form</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:49.9pt;padding:0in 5.4pt;vertical-align:top;width:189.05pt;">This is the only way for you to receive a Settlement Class Member Benefit from the Settlement.</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:49.9pt;padding:0in 5.4pt;vertical-align:top;width:166.55pt;">Submitted or postmarked on or before October 30, 2025.</td></tr><tr><td style="border-bottom-style:solid;border-color:black;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;height:69.7pt;padding:0in 5.4pt;vertical-align:top;width:2.0in;">Exclude Yourself by Opting Out of the Class</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:69.7pt;padding:0in 5.4pt;vertical-align:top;width:189.05pt;">You will give up your right to receive any benefits from the Settlement. This is the only option that allows you to keep your right to bring any other lawsuit against Defendant relating to the Data Incident. </td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:69.7pt;padding:0in 5.4pt;vertical-align:top;width:166.55pt;">Mailed and postmarked on or before October 15, 2025.</td></tr><tr><td style="border-bottom-style:solid;border-color:black;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;height:35.05pt;padding:0in 5.4pt;vertical-align:top;width:2.0in;">Object to the Settlement and/or Attend the Final Approval Hearing</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:35.05pt;padding:0in 5.4pt;vertical-align:top;width:189.05pt;">You can write to the Court about why you agree or disagree with the Settlement or the Application for Attorneys’ Fees, Costs, and Service Awards. The Court can only approve or deny the Settlement—it cannot order a different settlement. You can also ask to speak at the Final Approval Hearing on November 14, 2025, at 2 p.m. CT, about the fairness of the Settlement, with or without your own attorney. If you object, you may also submit a Claim Form to receive a Class Settlement Benefit, and you will give up the right to sue the Defendant in any other lawsuit against Defendant relating to the Data Incident.</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:35.05pt;padding:0in 5.4pt;vertical-align:top;width:166.55pt;">Mailed and postmarked on or before October 15, 2025.</td></tr><tr><td style="border-bottom-style:solid;border-color:black;border-left-style:solid;border-right-style:solid;border-top-style:none;border-width:1.0pt;height:48.1pt;padding:0in 5.4pt;vertical-align:top;width:2.0in;">Do Nothing</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:48.1pt;padding:0in 5.4pt;vertical-align:top;width:189.05pt;">You will not receive any Settlement Class Member Benefit from this class action Settlement.</td><td style="border-bottom:1.0pt solid black;border-left-style:none;border-right:1.0pt solid black;border-top-style:none;height:48.1pt;padding:0in 5.4pt;vertical-align:top;width:166.55pt;">N/A</td></tr></tbody></table></figure><ul><li style="text-align:justify;">Your rights and options as a Settlement Class Member – and the deadlines to exercise your rights – are explained in this Notice.</li><li style="text-align:justify;">The Court still will have to decide whether to approve the Settlement. Settlement Class Member Benefits will be made available only if the Court approves the Settlement and after any possible appeals are resolved.</li></ul>

MDL No. 2:24-md-03127-SHL-cgc, United States District Court for the Western District of Tennessee

In Re: Evolve Bank & Trust Customer Data Security Breach Litig.

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Documents

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Important documents

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Important Dates

Last Day of Opt-Out Date

Last Day of Objection Date

Claim Form Deadline

Final Approval Hearing Date

Important Dates

Last Day of Opt-Out Date

Last Day of Objection Date

Claim Form Deadline

Final Approval Hearing Date