Peoples Trust Company Privacy Breach Class Action. On October 25, 2013, Peoples Trust, a Canadian, wholly owned trust company regulated by the Trust and Loan Companies Act, S.C. 1991, c. 45 and supervised by the Office of the Superintendent of Financial Institutions (OSFI), notified approximately 12,000 – 13,000 of its clients that an online application database containing their personal information was compromised by unauthorized internet access originating in the People’s Republic of China. Peoples Trust has yet to make a public announcement with respect to this privacy breach. If you are a client of Peoples Trust and were notified that your personal information was breached on October 25, 2013, you may be entitled to compensation. Charney Lawyers, Sutts Strosberg LLP and Branch McMaster LLP have commenced a national class action on behalf of all persons whose private information was compromised due to this incident. Affected clients may be entitled to compensation for the breach of their privacy, damages for identity theft and/or damages to their credit reputation, damages for the costs incurred to prevent identity theft, damages for time spent changing their personal information such as Social Insurance Numbers, damages for emotional distress/inconvenience, and/or compensation for out of pocket expenses. Punitive damages will also be claimed. A class action will allow everyone who has sustained damages to band together in one lawsuit across Canada against Peoples Trust.
Where Bad Business is Exposed!
