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TD Ameritrade, Inc. and Charles Schwab & Co., Inc. Data Breach Class Action Lawsuit Investigation

by | Aug 10, 2023 | Class Action

Markovits, Stock & DeMarco, LLC, a law firm experienced in data breach class action litigation, is investigating claims on behalf of victims of a data breach involving data entrusted to TD Ameritrade, Inc. and Charles Schwab & Co., Inc.

TD Ameritrade, Inc., headquartered in Omaha, Nebraska, is stockbroker offering an electronic trading platform for the trade of financial assets.  If you receive a notice of data breach letter from TD Ameritrade, Inc. and Charles Schwab & Co., Inc. please contact us as soon as possible so we can explain your legal rights in response to the data breach.

What Happened?

On August 8, 2023, TD Ameritrade, Inc. and Charles Schwab & Co., Inc. reported that it suffered a data breach. TD Ameritrade, Inc. and Charles Schwab & Co., Inc. learned that between May 28, 2023 and May 30, 2023 an unauthorized party accessed the company’s MOVEit transfer software and copied certain information from its network.1 In total, the data of 61,160 victims was compromised in the TD Ameritrade, Inc. and Charles Schwab & Co., Inc. data breach.2

What Data was Compromised in the TD Ameritrade, Inc. and Charles Schwab & Co., Inc., a TD Ameritrade affiliate. Data Breach?

TD Ameritrade, Inc. and Charles Schwab & Co., Inc., a TD Ameritrade affiliate. disclosed the data breach involves sensitive confidential information, including:

  • Full Name
  • Social Security Number
  • Credit Card Number
  • Debit Card Number
  • Government ID Numbers
  • Other Personal Identifiers

 

What Should I do if I Received Notification of the Data Breach from TD Ameritrade, Inc. and Charles Schwab & Co., Inc., a TD Ameritrade affiliate.?

If you would like to have a free, confidential consultation with an attorney to learn more about your rights and potential legal remedies related to the TD Ameritrade, Inc. and Charles Schwab & Co., Inc., a TD Ameritrade affiliate. data breach, please contact Markovits, Stock & DeMarco, LLC attorney Justin C. Walker at (513) 651-3700, email us at [email protected], or submit a Case Evaluation request through the form below.

1   https://apps.web.maine.gov/online/aeviewer/ME/40/c680e116-4af9-489d-b74b-3715e373155e.shtml

2   Id.