Lender Faces $5 Million Lawsuit Over Recent Data Breach, Alleged Lack of Disclosure and Mitigation Assistance

Rochester, New York – Premium Mortgage Corp., a lender based in Rochester, is facing another class action lawsuit after a data breach exposed sensitive client information. The breach, which occurred over the summer, compromised the names and Social Security numbers of 10,835 clients. Now, one of the affected consumers, Toni Hyde, has filed a complaint against the company, seeking at least $5 million in damages. The lawsuit alleges that Premium Mortgage’s disclosure regarding the breach was not specific enough to adequately assist affected individuals in mitigating the harm caused by the incident. Hyde claims that … Read more