Wedbush Securities Data Breach Lawsuit Investigation
Wedbush Securities clients were recently notified that unauthorized actors accessed certain account records during a two-month period in 2025. If you received a breach letter, you may qualify for complimentary credit monitoring and could pursue compensation for any resulting harm.
Act now: review the facts, enroll in the free protections, and explore your legal options below.
Download Official Breach Notice (PDF)Key Details of the Wedbush Securities Breach
- Incident window: May 17 – July 11 2025
- Discovered: July 11 2025
- Consumer notices mailed: November 20 2025
- Reported to CA Attorney General: December 12 2025
- Systems involved: Misconfigured, web-facing internal application
- Data types exposed: Name, Social Security number, financial institution name, and account number
- Free services offered: 12-month single-bureau credit monitoring, credit report/score, and fraud assistance through Cyberscout (a TransUnion company)
Timeline of Events
Wedbush Securities Inc. (Wedbush Securities) provided the following chronology:
- May 17 2025: First potential unauthorized access to the misconfigured application
- July 11 2025: Internal discovery of the misconfiguration; immediate containment and investigation launched
- July 11 – August 28 2025: Forensic review and data analysis to identify affected records
- August 28 2025: Determination that personal information was present in the exposed data set
- November 20 2025: Individual notification letters dispatched to impacted clients
- December 12 2025: Incident reported to the California Attorney General
Information Exposed
The review identified that the following personal data elements could have been viewed or copied:
- Name
- Social Security number
- Financial institution name
- Account number
Wedbush Securities states it is unaware of any misuse of this information as of the notification date.
Company Response
The firm reported that it:
- Secured the affected application immediately upon discovery
- Engaged external data-privacy specialists to investigate and analyze the incident
- Notified law enforcement
- Is reviewing internal policies and procedures to strengthen future safeguards
- Is offering impacted clients one-year credit monitoring and fraud assistance through Cyberscout
What Impacted Clients Can Do Now
- Enroll in the complimentary Cyberscout credit-monitoring service using the instructions in your letter.
- Closely review account statements and credit reports for any unfamiliar activity.
- Place a fraud alert or credit freeze with the bureaus if you detect suspicious transactions.
- Retain all breach-related correspondence; it may be needed for future claims.
- Consult with a data-breach attorney to understand additional rights or compensation avenues.
Legal Options and Potential Claims
Data-breach laws entitle consumers to remedies when companies fail to adequately protect personal information. Affected Wedbush Securities clients may be able to:
- Seek reimbursement for unreimbursed fraud or identity-theft expenses
- Request statutory damages where permitted under state law
- Pursue injunctive relief requiring heightened security controls
To learn whether you are eligible to join a Wedbush Securities data-breach lawsuit or settlement, speak with qualified counsel promptly after receiving your notice.
Company Overview
- Website: wedbush.com
- Headquarters: 1000 Wilshire Boulevard, Los Angeles, CA, USA
- Industry: Financial services
- Year founded: 1955
- Employees: ~900
- Parent entity: Wedbush Financial Services
- Privacy policy: wedbush.com/privacy-policy
- Social: Facebook | LinkedIn | X (Twitter) | Instagram
Frequently Asked Questions
- I received a data breach letter from Wedbush Securities — what should I do?
- Follow the enrollment instructions for the free Cyberscout credit monitoring, monitor your financial accounts, and consider consulting with a breach-law attorney about your rights.
- What information did the Wedbush Securities breach expose?
- The incident may have exposed your name, Social Security number, financial institution name, and account number.
- Did Wedbush Securities offer credit monitoring, and for how long?
- Yes. The company is providing complimentary single-bureau credit monitoring, credit score/report, and fraud-assistance services for 12 months through Cyberscout.
- How many people were affected by the Wedbush Securities data breach?
- The total number of impacted individuals has not been disclosed in the official notice.
- How do I submit a claim related to the Wedbush Securities data breach?
- Retain your breach notice, document any fraud-related costs, and speak with an attorney handling Wedbush Securities data-breach claims to determine eligibility and next steps.
- Am I eligible to join a lawsuit against Wedbush Securities?
- If you received a breach notification, you may qualify. Eligibility often depends on factors such as state of residence and proof of data compromise. Legal counsel can confirm your status.
- How can I get the official breach notice (PDF) for Wedbush Securities?
- You can download it directly from the California Attorney General website using the button above or this link.
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