On May 28, 2018, and after the issue had been reported in the media, CIBC announced that in early 2018, cybercriminals accessed the personal information of approximately 50,000 users of its Simplii Financial services.
This personal information included users’ names, dates of birth, social insurance numbers, bank account numbers, credit and debit card numbers, and other important identifying information. In some instances, this personal information was made public; it is not known at this time what use has been made of this stolen personal information.
Jeff Steinman, represented by Siskinds LLP and Jensen Shawa Solomon Duguid Hawkes LLP, commenced a proposed class action against CIBC, in Ontario, on behalf of all clients of Simplii Financial whose personal information was accessed in the early 2018 event. The Statement of Claim alleges that CIBC breached contractual and statutory obligations it owed to class members.
What Happens Next?
The first step in a proposed class action is for the Court to consider whether the action can proceed as a class action, and define the class and the common issues to be determined on behalf of the class. This process is called “certification”. If the action is certified, all persons who fit the class definition will be automatically included in the class, but will have an opportunity to opt out (exclude themselves) from the proceeding. This process typically includes a notice effort.
How Can I Participate or Receive Information?
While it is not necessary to “register” in order to participate in a proposed class action, we are keeping a database of people impacted by this data breach so that if the action is certified or if there are any other material developments that require notice, you can receive direct notification. Understanding the experiences of class members will also help us do a better job as the lawyers in this case.
SIMPLII CLASS ACTION REGISTRATION FORM
Speaking to a Lawyer
If you would like to speak to one of the lawyers involved in this action, please give us a call. The lawyers will answer your questions regarding this proposed class action at no cost to you.
Affected persons are encouraged to contact:
JSS Barristers LLP