LastPass Settlement: When Will It Pay Out?

What is the LastPass Settlement about?

In 2022, LastPass suffered data security incidents in which attackers copied customers' encrypted password vaults, personal information, and — for some users — data used to access cryptocurrency. LastPass US LP agreed to a $24.45 million settlement: an $8.2 million cash fund plus a separate $16.25 million pool for cryptocurrency-theft losses. Eligible account holders can claim a $25 base payment with no proof, up to $10,000 for documented losses, an extra $100 for California residents, and up to $900,000 for validated cryptocurrency losses.

Who qualifies for the LastPass Settlement?

You may qualify for the LastPass Settlement if you meet the eligibility requirements below. Eligibility is finally determined by the settlement administrator, not by Payout.

• Eligible: U.S. residents (and U.S.-registered businesses) whose LastPass account was compromised in the 2022 LastPass data security incident and contained data at the time.
• Submit your claim by 2026-07-02 (online by 11:59 p.m. ET, or mailed and received by that date).
• Base payment: $25 statutory cash payment — no proof of loss required.
• California residents: an additional $100 CCPA statutory payment.
• Documented losses: up to $300 for ordinary losses and up to $10,000 for extraordinary losses (documentation required).
• Cryptocurrency losses: up to $900,000 for validated crypto stolen via keys stored in LastPass (documentation and verification required).
• Exclusion/objection deadline: 2026-06-02. Final approval hearing: 2026-07-14.

When will the LastPass Settlement pay out?

No payout date is listed for this settlement yet. Most class action settlements pay out 3 to 12 months after the claim deadline closes — for this settlement, that was Jul 2, 2026. Payments go out once the settlement gets final approval and the administrator verifies every claim.

Filed a claim here? The Payout app tracks your claims and shows updates in one place, free. Missed this one? Find settlements still open.

Frequently asked questions

Before you file

If this is your first claim, how to claim a class action settlement walks through the process end to end, and what class action settlements actually pay per person explains how the amount is decided before you spend time on the form. Many cases need no receipts at all — see settlements with no proof of purchase.