KGG Investigating Morgan Stanley for Exposing Their Customers’ Financial Data

KANTROWITZ, GOLDHAMER & GRAIFMAN, P.C., together with its co-counsel, is litigating a case against Morgan Stanley Smith Barney, LLC (“Morgan Stanley”). Morgan Stanley, a multinational investment bank and financial services company, announced a potentially massive data security incident involving the confidential information of an unknown number of clients.

The New York-based company began notifying customers on July 9, 2020, that an outside contractor failed to completely scrub hardware from two data centers closed in 2016, and discovered in 2019 that old servers in some of the branches cannot be located and may have unencrypted customer data. Sensitive information exposed by the data breach includes social security numbers, account numbers, and other personal identifiable information.

If you have received a NOTICE OF DATA BREACH regarding this incident and wish to find out more about this class action or participate in the class action, please contact Gary S. Graifman at [email protected] or (845) 356-2570 ext. 136 or Melissa R. Emert at [email protected] or (845) 356-2570 ext. 202 and we can provide you with information about your rights and help determine if you are in line to receive money damages. All consultations with a class action lawyer are free of charge and come with no obligation.