UPDATED:    January 29, 2025

Stock Development Data Breach Lawsuit

Data Breach Summary

Stock Development

Who Was Affected
Customers of Stock Development
Impacted Data
Names, addresses, dates of birth and Social Security numbers
Date of Breach
March 2, 2024
Have you been affected by Stock Development's data breach?

Stock Development (Stock), a Florida-based real estate development and construction company, has disclosed a data breach impacting sensitive personal information. The breach was disclosed through a filing with the Attorney General of Vermont, revealing that sensitive client information was compromised.

While the company has not found evidence of misuse, they are notifying affected individuals and taking steps to help mitigate potential risks. Individuals associated with Stock Development, are advised to remain vigilant for any suspicious activity related to their personal information. Monitoring financial statements, changing passwords, and being cautious of phishing attempts are recommended steps to protect against potential misuse of compromised data. To learn more about how to protect yourself after such incidents, explore this resource on how to respond to a data breach incident and understand the steps you can take.

Details of the Stock Development Data Breach

On March 2, 2024, Stock detected unusual activity on its network and immediately engaged cybersecurity experts to investigate. The investigation revealed that an unauthorized third party had gained access to a portion of its computer network, with access dating back to April 25, 2023.

Upon detecting unusual activity, Stock promptly engaged cybersecurity experts to investigate. The review revealed that an unauthorized third party had access to portions of the company’s computer network, potentially exposing data of specific individuals. Once the breach was contained, Stock worked with a data review firm to determine what information had been compromised. The firm completed its analysis in late October, and since then, Stock has been verifying addresses to notify affected individuals.

In response to the breach, Stock enlisted third-party specialists to secure its systems and mitigate risks. Law enforcement agencies were also notified. Additionally, the company is offering a complimentary membership to Experian’s IdentityWorks, a service designed to detect potential misuse of personal data.

What Information Was Involved?

The breached data may include personal information such as:

  • Name,
  • Driver’s license numbers
  • Contact details
  • Employment data
  • Asset information
  • Case status
  • Social Security number

How to Know if You Were Affected

If you received a data breach notification from Stock Development, your personal information may have been compromised. While most victims are officially informed via a ‘‘notice of data breach” in the mail, the consequences—such as fraudulent transactions and identity theft—can begin long before you receive the notice.

Steps to Take If You Were Affected by the Stock Development Data Breach

Stay Alert for Phishing Scams

Scammers may try to take advantage of the data breach by posing as Stock Development. Be wary of unexpected emails, texts, or phone calls requesting personal information. When in doubt, verify any communication directly with the company through official channels.

Monitor Your Credit and Financial Accounts

Keep a close eye on your bank statements, credit card activity, and credit reports for any unauthorized transactions. Set up account alerts to catch suspicious activity early. Take advantage of free credit reports and review them carefully for unfamiliar accounts or discrepancies.

Consider Freezing Your Credit

For added protection, request a credit freeze from all three major credit bureaus. This prevents anyone from opening new accounts in your name while still allowing you to use your existing credit. If you need to apply for credit, you can temporarily lift the freeze when necessary.

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

How Stock Development Class Action Lawsuits Help Victims Seek Compensation

Class action lawsuits allow individuals affected by large-scale data breaches like the Stock Development, incident to come together and pursue compensation collectively. These lawsuits can provide a more efficient and cost-effective way to hold companies accountable for failing to protect personal information. Learn how joining a class action lawsuit can potentially help you to seek compensation for:

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

A successful case could also compel Stock Development, to improve its security measures and prevent future breaches. Reach out to Class Action U today to determine your eligibility for a data breach class action lawsuit and the compensation that may be available to you.

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