TitleMax Users Data Stolen
Mason LLP represents persons whose personal data was compromised by a targeted cyber-attack against TitleMax, one of the nation’s largest car title lending companies. That cyber-attack and subsequent data breach in February 2023, resulted in the compromise of highly sensitive personally identifiable information (“PII”) belonging to millions of its customers, including passport and Social Security numbers. Defendants began notifying consumers and state Attorneys General about the Data Breach in March 2023.
Personal and financial information belonging to 4,822,580 consumers, including current and former TitleMax, TitleBucks, and InstaLoan customers, is believed to have been compromised in the incident, which was first disclosed by TMX Finance in March 2023.
Mason LLP will be representing its clients in a mass arbitration. Mass arbitration that takes place outside of court. Like a class action lawsuit, mass arbitration allows a group of consumers to take action against a company over an alleged wrongdoing.
TitleMax’s loan agreements contain a clause requiring borrowers to resolve any disputes with the company through arbitration, a form of alternative dispute resolution that takes place before a neutral arbitrator instead of a judge or jury. For this reason, the attorneys have decided to pursue mass arbitration.
If you received an email or mailed notice from TitleMax about the data breach, you may be eligible for compensation.
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