Multibillion-dollar insurance corporation sued for data breach
Insurance giant First American Financial faces a multimillion-dollar lawsuit, claiming the company “left more than 885 million sensitive documents dating as far back as 2003 exposed online,” Forbes.com reported on May 28.
“Now the company is facing a class action lawsuit for its apparent negligence. Gibbs Law Group LLP announced today that it is bringing the first nationwide class action lawsuit against the multibillion-dollar corporation,” the article reported.
The lawsuit was filed with the U.S. District Court for the Central District of California by David Gritz, a house flipper from Pennsylvania.
“First American was the title insurer for at least 11 of his housing transactions, according to the lawsuit,” Forbes.com reported. “The complaint suggests the members of the class affected by First American’s data exposure could be in the millions, and the lawsuit is seeking over $5 million.”