Federman & Sherwood Investigates TD Ameritrade, Inc. and Charles Schwab & Co., Inc. a TD Ameritrade affiliate for Data Breach

Rhea-AI Summary

Federman & Sherwood (FEDERMAN) is investigating TD Ameritrade, Inc. and Charles Schwab & Co., Inc. (ticker: SCHW) for a recent data breach that exposed sensitive consumer data. The breach occurred between May 28, 2023, and May 30, 2023, potentially compromising information such as name, Social Security number, financial account details, date of birth, and government identification numbers.

Positive

• None.

Negative

• The data breach may lead to legal action and financial repercussions for the companies involved, impacting their reputation and customer trust.

OKLAHOMA CITY--(BUSINESS WIRE)-- The law firm of Federman & Sherwood has initiated an investigation into TD Ameritrade, Inc. & Charles Schwab & Co., Inc. a TD Ameritrade affiliate (“the Companies”) with respect to their recent data breach. On June 26, 2023, The Companies informed clients that the company experienced a data breach after an unauthorized party accessed sensitive consumer data entrusted to the company. According to The Companies, they determined that information stored on their servers may have been subject to unauthorized access between May 28, 2023, and May 30, 2023. The Companies determined that the information exposed in the data breach varies but includes, name and Social Security number, and also may have included one or more of the following: financial account information, date of birth, government identification numbers, or other personal identifiers.

If you wish to discuss this action, obtain further information, and/or participate in this litigation, please contact Lacrista A. Bagley either by email at lab@federmanlaw.com or visit our firm’s website www.federmanlaw.com:

View source version on businesswire.com: https://www.businesswire.com/news/home/20230809676093/en/

Lacrista A. Bagley

FEDERMAN & SHERWOOD

(405) 235-1560

Source: Federman & Sherwood

What is the company name and ticker symbol being investigated for the data breach?

The company being investigated is TD Ameritrade, Inc. and Charles Schwab & Co., Inc. The ticker symbol for Charles Schwab & Co., Inc. is SCHW.

When did the data breach occur?

The data breach occurred between May 28, 2023, and May 30, 2023.

What kind of information was compromised in the data breach?

The compromised information includes name, Social Security number, financial account details, date of birth, and government identification numbers.

How can individuals affected by the data breach get further information or participate in the litigation?

Individuals can contact Lacrista A. Bagley at lab@federmanlaw.com or visit the firm's website www.federmanlaw.com for further information or to participate in the litigation.