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Fifth Third Bank "Provides Update on Fraud Investigation"

Fifth Third Bank “Provides Update on Fraud Investigation”

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Fifth Third Bancorp Update About Its Investigation of Former Employees That Misused and Accessed Customer Information

Kehoe Law Firm, P.C. continues its data breach investigation and is making consumers aware that on February 13, 2020, Fifth Third Bancorp [Fifth Third] released an “update on its investigation into a small number of former employees in Cincinnati who accessed and misused some customers’ personal information.

Among other things, the update stated that “[l]ast week [Fifth Third] reached out to customers whose personal information was manually accessed by a small number of former employees and may have been shared with people outside of the bank as part of a fraud ring.”  According to Fifth Third, “. . . this was not a cybersecurity data breach event, but rather an orchestrated effort by a small group of employees to steal personal information. Fifth Third stated that “[a]t this time, [FifthThird has] confirmed approximately 100 customers who have experienced known fraud.”

Have You Been Impacted by A Data Breach?

If so, please either contact Kehoe Law Firm, P.C. Partner Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], complete the form on the right or send an e-mail to [email protected] for a free, no-obligation case evaluation of your facts to determine whether your privacy rights have been violated and whether there is a basis for a data privacy class action.

Examples of the type of relief sought by data privacy class actions, include, but are not limited to, reimbursement of identity theft losses and of out-of-pocket costs paid by data breach victims for protective measures such as credit monitoring services, credit reports, and credit freezes; compensation for time spent responding to the breach; imposition of credit monitoring services and identity theft insurance, paid for by the defendant company; and improvements to the defendant company’s data security systems.

Data privacy class actions are brought on a contingent-fee basis; thus, plaintiffs and the class members do not pay out-of-pocket attorney’s fees or litigation costs.  Subject to court approval, attorney’s fees and litigation costs are derived from the recovery obtained for the class.

Kehoe Law Firm, P.C.