A retirement plan participant has sued JPMorgan Chase over the company's recent data breach, alleging that his personal information was "targeted, compromised, and unlawfully accessed." The full names, addresses, payment and deduction amounts, and Social Security Numbers of more than 451,000 participants were exposed in the breach, the company said.
Benjamin Valentine, a former Long Island Railroad employee, filed a class action lawsuit representing up to 50,000 plan participants in the U.S. District Court for the Southern District of New York. He received a letter in mid-April saying his personal information was improperly accessed and obtained by unauthorized third parties. "The data breach has caused [Valentine] to suffer fear, anxiety, and stress, which has been compounded by the fact that [JPMorgan] has still not fully informed him of key details about the data breach's occurrence," the lawsuit claims.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
