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loanDepot Data Breach Class Action Investigation

by | Jan 23, 2024 | Class Action

LOANDEPOT DATA BREACH CLASS ACTION INVESTIGATION

Markovits, Stock & DeMarco, a law firm experienced in data breach cases, is investigating claims on behalf of victims of a data breach involving data entrusted to loanDepot, Inc., a mortgage and loan company based in Irvine, California.

LoanDepot, is a mortgage and loan company founded in 2010 which operates as the parent company to numerous other lending companies, such as Closing USA LLC. On January 8, 2024, loanDepot disclosed that it experienced a Data Breach exposing the personal information of roughly 16.6 million individuals. If you received a notice of data breach letter from loanDepot, Inc., Closing USA LLC, or any other affiliated entities please contact us as soon as possible to understand your legal rights in response to the data breach.

WHAT HAPPENED?

LoanDepot, Inc. disclosed on January 8, 2024, that an unauthorized third party was able to access its network and the sensitive personal information stored therein.[1] In a press release, loanDepot stated that its investigation is ongoing but did not provide any information about the cause or the scope of the Data Breach.

WHAT INFORMATION WAS EXPOSED?

LoanDepot, Inc. has not yet disclosed what information the breach involves but warns that a third party gained access to “sensitive personal information” of millions of loanDepot customers.[2]

WHAT SHOULD I DO IF I RECEIVED NOTIFICATION OF THE LOANDEPOT, INC. DATA BREACH?

If you would like to have a free, confidential consultation with an attorney to learn more about your rights and potential legal remedies in responding to the loanDepot, Inc. data breach, please contact Markovits, Stock & DeMarco attorneys Terry Coates or Spencer Campbell at (513) 651-3700, email us at [email protected], or submit a Case Evaluation request through the form below.

[1] https://media.loandepot.com/news-releases/press-release-details/2024/loanDepot-Provides-Update-on-Cyber-Incident/default.aspx

[2] Id.