Class action lawsuits are an excellent way to hold a business liable for damages that a large group of people may have experienced because of carelessness. Photo of legal document

These lawsuits protect consumers who may have suffered financial losses and/or injuries at the hands of a company, as one or many individuals who have sustained damages in similar situations can sue on behalf of themselves and all others who have been wronged by the acts of a defendant.

Recently, a class action lawsuit was filed against eBay in a U.S. Federal Court over a security breach that happened on the auction site earlier this year.

According to PC World, Collin Green, of Louisiana, alleged that the security breach was the result of eBay’s inadequate security and the company failed to protect the identity information of its millions of customers.

In May, eBay announced that it was “aware of unauthorized access to eBay systems that may have exposed some customer information.” The company then advised users to change their passwords.

“The thieves had access to, and reportedly copied, customer names, encrypted passwords, email addresses, physical addresses, phone numbers, and dates of birth, at a minimum,” according to Green’s lawsuit.

PC World reported that the combined claims of the proposed class members exceed $5 million, exclusive of interest and costs.

How Can I File a Class Action Lawsuit Against a Corporate Entity?

It is alarming that millions of people could have had their passwords and personal information compromised through this alleged security breach. In cases like this, it is possible that users could see fraudulent charges on their credit card statements and/or cases of identity theft.

If you have suffered financially because of the actions of company or organization, and you think your case could reach class action status, please contact Gary S. Graifman, Esq. to schedule a free initial consultation or complete the form on this page.

Kantrowitz, Goldhamer & Graifman, P.C. – Class Action Lawyers

Source: http://www.pcworld.com/article/2457880/ebay-faces-class-action-suit-over-data-breach.html