UPDATED:    March 04, 2025

Concorde Investment Partners Data Breach Lawsuit

Data Breach Summary

Concorde Investment Partners

Who Was Affected
Individuals associated with Concorde Investment Partners
Impacted Data
First and last names, addresses, and social security numbers
Date of Breach
Not specified
Have you been affected by Concorde Investment Partners's data breach?

Concorde, a Michigan-based investment advisor, full-service broker-dealer, and insurance firm, recently reported a data security incident. The details of this breach were publicly revealed through filings with the Massachusetts Attorney General’s Office, which requires companies handling personal information to notify affected individuals and regulatory authorities of significant data security incidents.

Concorde Investment Partners Data Breach Details

The Concorde Investment Partners data breach was only recently disclosed, and further details are expected. However, on February 25, 2025, Concorde began mailing data breach notification letters to impacted individuals. Those who receive a notice are encouraged to monitor their financial accounts and credit reports for any suspicious activity.

While Concorde has no evidence of identity theft or fraud resulting from the incident, they are offering impacted individuals 24 months of free credit monitoring services through Experian IdentityWorks. This service includes identity restoration support, which assists affected individuals in disputing fraudulent charges, placing credit freezes, and working with government agencies to restore compromised identities.

What Information Was Compromised?

Certain individuals’ personal information was present on the affected system, including:

  • Name
  • Social Security number
  • Financial account information

How to Know if You Were Affected

If you received a data breach notification from Concorde Investment Partners, your personal information may have been compromised. While most victims are officially notified through a “Notice of Data Breach” in the mail, the consequences—such as fraudulent transactions and identity theft—can begin long before the notice arrives.

Steps to Take if You Were Affected by the Concorde Investment Partners Data Breach

Stay Alert for Phishing Scams
Scammers may exploit the data breach by posing as Concorde Investment Partners. Be cautious of unexpected emails, texts, or calls requesting personal information. When in doubt, verify communications directly with the company through official channels.

Monitor Your Credit and Financial Accounts
Regularly check your bank statements, credit card activity, and credit reports for unauthorized transactions. Set up account alerts to detect suspicious activity early. Take advantage of free credit reports and review them carefully for unfamiliar accounts or discrepancies.

Consider Freezing Your Credit
For added security, request a credit freeze from all three major credit bureaus. This prevents new accounts from being opened in your name while still allowing you to use existing credit. You can temporarily lift the freeze when necessary if applying for credit.

Class Action U, in partnership with KO Lawyers, is assisting individuals impacted by the Concorde Investment Partners data breach. If your information was exposed, you may be eligible to join a class action lawsuit.

How Concorde Investment Partners Class Action Lawsuits Help Victims Seek Compensation

Class action lawsuits enable individuals affected by large-scale data breaches, like the Concorde Investment Partners incident, to pursue compensation collectively. This approach offers a more efficient and cost-effective way to hold companies accountable for failing to protect personal information.

By joining a class action lawsuit, you may seek compensation for:

  • Loss of privacy
  • Time spent addressing the breach
  • Out-of-pocket expenses
  • Emotional distress

A successful lawsuit could also compel Concorde Investment Partners to strengthen their security measures and prevent future breaches. Contact Class Action U today to determine your eligibility for a data breach class action lawsuit and explore the compensation that may be available to you.

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