Caesars Rewards Casino Data Breach Investigation - (Ticker: CZR)
Rhea-AI Summary
On September 7, 2023, Caesars Rewards, a loyalty program under Caesars Entertainment (NASDAQ: CZR), experienced a major data breach, exposing the personal information of over 65 million members. The compromised data includes names, birth dates, Social Security Numbers, and driver's license information. Levi Korsinsky, LLP is investigating potential compensation for affected customers. Members who received a breach notification may qualify for compensation. Levi & Korsinsky is a renowned consumer advocacy law firm with a successful track record in recovering funds for clients.
Positive
- Levi & Korsinsky, LLP is actively investigating and pursuing compensation for affected members, which could potentially mitigate some damages for the victims.
- Caesars Rewards' transparency in notifying members about the data breach is important for maintaining trust with its members.
Negative
- The data breach compromised the personal information of over 65 million members, posing severe privacy and security risks.
- Potential legal liabilities and compensation claims could lead to significant financial repercussions for Caesars Entertainment.
- Reputational damage from the breach could negatively impact member retention and future customer acquisition.
News Market Reaction 1 Alert
On the day this news was published, CZR declined 2.65%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, NY / ACCESSWIRE / May 16, 2024 / On September 7, 2023, Caesars Rewards, a popular loyalty program run by Caesars Entertainment, Inc. (NASDAQ:CZR), suffered a massive "digital break-in." The attack targeted the personal information of Caesars Rewards Members - more than 65 million people - compromising member names, birth dates, Social Security Numbers, driver's license information, and other government-issued ID numbers.
Levi Korsinsky, LLP is investigating whether affected customers are entitled to compensation. If you have received a notice about the data breach, you may be entitled to compensation. Follow the link below to find out:
There is no cost or obligation to participate.
WHAT'S THIS ABOUT? Compensation may be available for Caesars Rewards members who received notice that their data had been breached.
WHY AM I ENTITLED TO COMPENSATION? Data breaches are serious matters that can cause long term damage. Hackers break into networks so that they can steal your personal information to sell it on the dark web or commit identity theft, financial theft, or other frauds. The company may be liable for failing to secure your privacy.
HOW DO I KNOW IF I WAS AFFECTED? If you received a data breach notification letter from Caesars, you are affected. Follow the link to find out if you may be eligible for compensation: https://bit.ly/3siTrQb
WHO IS LEVI & KORSINSKY?
* A nationally-recognized consumer advocacy law firm that has recovered hundreds of millions of dollars against large corporations
* A team of over 70 extraordinary attorneys and professionals who know how to maximize your compensation
* A winning track record going against the most powerful defense attorneys in the world
* A
Please visit us as www.zlk.com for more information. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/
SOURCE: Levi & Korsinsky, LLP
View the original press release on accesswire.com
FAQ
What happened to Caesars Rewards on September 7, 2023?
What type of personal information was compromised in the Caesars Rewards data breach?
Who is investigating the Caesars Rewards data breach for potential compensation?
How can Caesars Rewards members find out if they are eligible for compensation?
