The Lyon Firm Files Lakeview Loan Servicing Data Breach Class Action

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The Lyon Firm, along with a team of data privacy lawyers nationwide, has filed a class action data breach complaint against Lakeview Loan Servicing, LLC for the company’s failure to protect the personal and financial information of its clients.

Lakeview Loan Servicing, LLC, operating out of Coral Gables, Florida, is one of the largest mortgage providers in the United States. If you received a data breach notification letter from Lakeview Loan Servicing, contact Joe Lyon to discuss your legal rights in the matter.

According to early reports, Lakeview Loan detected unusual activity on its computer systems in December 2021, but the company did not contact potential victims until March 18, 2022. The personal data of around 2,537,261 individuals may have been compromised in the security breach.

If you or a loved one believe your private information was compromised by the Lakeview data breach, contact The Lyon Firm right away at (513) 381-2333. We have over 20 years of experience representing clients in lawsuits involving complex data breach matters.

What Personal Information Was Compromised in the Lakeview Loan Servicing Data Breach?

Lakeview Loan has noted the following information was possibly leaked in the data breach:

• Names
• Address and contact information
• Social Security numbers
• Mortgage/loan information

As a loan servicing organization, Lakeview has a duty to safeguard its customers’ private information. However, they are accused of failing to properly encrypt their data and otherwise protect their systems from unauthorized access. Lakeview has denied any wrongdoing.

What Happened in the Lakeview Loan Servicing Breach?

The Lakeview loan servicing data breach occurred over the time period of October 27 through December 7, 2021. However, Lakeview did not determine what information was accessed until January 31, 2022.

Furthermore, legal claims against Lakeview allege that the company failed to notify affected customers until as late as March 18, 2022. After a data breach, every moment is valuable for ensuring that data is not used wrongly.

Due to the delay, exposed personal information could already be available on the “dark web” and other distribution channels used by fraudsters. Those affected by the breach now potentially face a lifetime risk of identity theft, as sensitive information such as birth dates and social security numbers have been compromised.

Those affected by the Lakeview loan servicing data breach may be entitled to damages for their losses. Contact The Lyon Firm at (513) 381-2333 to schedule a free, no-obligation consultation to discuss your legal rights and options about the breach.