Prudential Financial class action alleges data breach impacts 37,000

Prudential Financial class action lawsuit overview:

• Who: Plaintiff Constance Boyd filed a class action lawsuit against Prudential Financial Inc.
• Why: Boyd claims that Prudential Financial failed to adequately safeguard client data, leaving it vulnerable to a Feb. 4 data breach affecting nearly 37,000 individuals.
• Where: The Prudential Financial class action lawsuit was filed in New Jersey federal court.

The company failed to adequately safeguard its clients’ personal information, leaving the data vulnerable to a data breach affecting approximately 36,545 individuals.

Plaintiff Constance Boyd says she was affected by the Prudential Financial data breach which allegedly took place Feb. 4 when an unauthorized third party accessed the company’s systems.

According to a Feb. 21 filing with the U.S. Securities and Exchange Commission, Prudential Financial blames a “cybercrime group” for the data breach. 

Boyd says she was not notified about the data breach for nearly four months and is unclear about what data was stolen, how the hacker was able to access the data and what steps Prudential Financial is taking to protect its clients’ data in the future.

Data security is important to Boyd, and the Prudential Financial class action asserts the company had a duty to disclose its data security practices so consumers could decide whether to entrust the company with their sensitive data. She says the company had a duty to encrypt sensitive data and monitor its systems to identify potential threats.

Plaintiff: Prudential Financial data breach puts victims at risk of identity theft, fraud

Boyd says she has been harmed by the Prudential Financial data breach and now faces imminent harm because her personal data has been exposed, putting her at increased risk of identity theft and fraud. 

She is also experiencing anxiety over the possibility of cybercriminals accessing, using and selling her personally identifiable information, according to the Prudential Financial data breach class action lawsuit.

Boyd filed the Prudential Financial class action on behalf of a proposed class of

The Prudential Financial class action lawsuit asserts claims for negligence, breach of implied contract, breach of the implied covenant of good faith and fair dealing and unjust enrichment.

Prudential Financial is not the only company to face a class action lawsuit in the wake of a data breach. Several data breach class action lawsuits have been filed recently against companies like AT&T, Golden Corral, Change Healthcare and American Vision Partners.

Were you affected by the Prudential Financial data breach? Tell us about your experience in the comments.

Boyd is represented by Andrew J. Sciolla of Sciolla Law Firm LLC and Kevin Kaukaitis of Laukaitis Law LLC.

The Prudential Financial data breach class action lawsuit is Constance Boyd v. Prudential Financial Inc., Case No. 2:24-cv-06818, in the U.S. District Court for the District of New Jersey.

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