ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Gibbs Law Group Files Class Action Lawsuit on Behalf of AT&T Data Breach Victims

Lawsuit Alleges Telecommunications Giant Failed to Adequately Secure Its Customers’ Data and to Timely Notify its Customers and Former Customers of the Breach

Gibbs Law Group has filed a class action lawsuit against AT&T Mobility LLC and AT&T, Inc. for a massive data breach affecting over 70 million current and former customers. The lawsuit was filed on behalf of all individuals who had sensitive personal information compromised in the breach, including Social Security numbers and account passcodes. The lawsuit charges AT&T with failing to use adequate safeguards that would have detected and prevented the breach, failing to notify victims of the breach in a timely manner, and failing to exercise sufficient control over its third-party partners’ data. Attorneys at Gibbs Law Group are reviewing potential claims on behalf of additional victims who were affected by the AT&T data breach.

Received a data breach notice from AT&T? Contact our data breach attorneys by calling 510-974-7441 or visiting our website: AT&T Data Breach Class Action Lawsuit.

Although the breach was first uncovered in 2021, AT&T failed to acknowledge the breach had occurred until the data was made freely available on the dark web in March of 2024. Despite AT&T being the largest provider of telephone services in the country, the wireless company apparently still cannot identify exactly how, when, or where the massive breach occurred, according to its own website.

AT&T breach victims are reporting deep concerns about this breach because the type of information likely exposed, including addresses and Social Security numbers, is difficult for a person to change, unlike information such as credit card numbers. This personal data can also be sold for high values on the black market. According to the Government Accountability Office (GAO), hackers may wait to use stolen data to commit identity fraud over a year after it is obtained, and fraudulent use of data may continue for years after a breach.

This is not the first time AT&T has experienced a massive data breach. In 2023, it reported that 9 million of its customers’ information had been taken when one of its third-party vendors was breached. And in 2014, AT&T settled an FCC investigation into privacy violations for $25 million after around 280,000 customers’ names and full or partial SSNs were leaked.

“We are hearing from AT&T’s victims across the country who are struggling to protect their sensitive information,” said Linda Lam, partner at Gibbs Law Group. “Although AT&T has provided minimal information to victims about the breach, Gibbs Law Group will continue to investigate who was affected and will work to hold the company accountable.”

About Gibbs Law Group

Gibbs Law Group is a nationwide leader in class action lawsuits seeking to hold corporations accountable for large-scale data breaches. It has prosecuted some of the largest privacy cases in the country, and the firm’s attorneys have received numerous awards for their privacy and data breach work, including “Cybersecurity & Privacy MVP,” “Top Cybersecurity and Privacy Attorneys Under 40,” and “Titans of the Plaintiffs Bar.”

The firm achieved a historic $1.5 billion settlement from Equifax in 2019, on behalf of 147 million consumers whose Social Security numbers and other private data were exposed in a breach. Described by the court as “the largest and most comprehensive recovery in a data breach in U.S. history by several orders of magnitude,” the settlement also required Equifax to spend over $1 billion in data security technology and to make comprehensive security reforms. Previously, the firm negotiated a $115 million settlement in the Anthem data breach, the largest data breach settlement at the time, after approximately 80 million personal records were compromised in a massive data breach of the health insurance giant.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.