Welcome to the Settlement Website for the Forward Bank Data Settlement

IF YOU HAVE RECEIVED THE NOTICE, A CLASS ACTION SETTLEMENT MAY AFFECT YOUR RIGHTS

• A Settlement has been reached in a class action lawsuit concerning Forward Bank (“Defendant”) and a data incident (the “Data Incident”) that occurred in September 2023, when one or more unauthorized individuals accessed information on a database belonging to Forward Bank, including first and last name, Social Security number, driver’s license or other government ID number, financial account information, or other financial information (collectively, “Private Information”).

• The lawsuit is called Broeske, et al., v. Forward Bank, Case No. 2024CV000006. The lawsuit asserts claims related to the Data Incident. The Defendant in the lawsuit is Forward Bank. Defendant denies it is or can be held liable for the claims made in the lawsuit. The Settlement does not establish who is correct, but rather is a compromise to end the lawsuit.

• Members of the Class are all individuals to whom Forward Bank sent notice of the Data Incident that occurred in September 2023. The Class specifically excludes: (i) all Persons who timely and validly request exclusion from the Class; (ii) the Judge assigned to evaluate the fairness of this settlement (including any members of the Court’s staff assigned to this case); (iii) Defendant’s officers and directors, and (iv) any other Person found by a court of competent jurisdiction to be guilty under criminal law of initiating, causing, aiding or abetting the criminal activity occurrence of the Data Incident or who pleads nolo contendere to any such charge.

• Class Members are eligible to receive the following relief: (1) up to $5,000 in reimbursement for Out-of-Pocket Losses consisting of actual documented losses or expenses resulting from the Data Incident, and (2) a $75 cash payment that will be pro rata reduced or increased based on the money remaining in the Settlement Fund after the payment of attorneys’ fees and expenses, Settlement Administration expenses, Class Representative Service Awards, and valid claims for Out-of-Pocket Losses. Valid Claims for Out-of-Pocket Losses and pro rata cash payments may be combined. For complete details, please see the Settlement Agreement here.

• Your legal rights are affected regardless of whether you act or do not act. Please read the Notice carefully.




YOUR LEGAL RIGHTS AND OPTIONS
SUBMIT A CLAIM	This is the only way you may receive benefits from this Settlement. The deadline to submit a Claim Form is January 8, 2025.
EXCLUDE YOURSELF FROM THE SETTLEMENT	You will receive no payment, but you will retain any rights you currently have with respect to Defendant and the issues in this case. The deadline to exclude yourself from the Settlement is November 24, 2024.
OBJECT TO THE SETTLEMENT	Write to the Court explaining why you do not agree with the Settlement. The deadline to object is November 24, 2024.
ATTEND THE FINAL APPROVAL HEARING	You may ask the Court for permission for you or your attorney to speak about your objection at the Final Approval Hearing. The Final Approval Hearing will be held on January 21, 2025 at 1:00 p.m.
DO NOTHING	You get no payment and you give up rights.




• These rights and options—and the deadlines to exercise them—are explained in the Notice. For complete details, please see the Settlement Agreement, whose terms control, here.

• The Court in charge of this case still has to decide whether to approve the Settlement. No Settlement benefits or payments will be provided unless the Court approves the Settlement and it becomes Final.