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New Class Action Against Capital One Seeks $350 Million for Canadians Affected by Data Breach

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Last week, Capital One revealed that a massive data breach has compromised personal information of roughly 6 million Canadians and 100 million people in the United States and today, a class action suit has been filed by an Ontario law firm on behalf of Canadians affected, seeking over $350 million in financial compensation (via CBC News).

Capital one logo

Filed by personal injury law firm Diamond & Diamond with Ontario Superior Court in Toronto, the suit calls for compensation for Canadians who applied for credit cards from Capital One between 2005 and 2019.

“This data breach could have very serious ramifications for those affected with regards to their future finances,” said the firm’s managing partner Jeremy Diamond.

According to Darryl Singer, the firm’s lead lawyer on the suit, the stolen information could pose a risk to identity theft for years.

“What makes this breach so egregious is that it includes identifying information such as someone’s name and social insurance number that cannot be changed.”

The suit’s representative plaintiff is Rina Del Guidice of Bolton, Ont., who obtained a Costco Wholesale MasterCard through Capital One. The suit’s representative plaintiff is Rina Del Guidice of Bolton, Ont., who obtained a Costco Wholesale MasterCard through Capital One.

Meanwhile, Vancouver-based law firm Charney Lawyers is also planning to file a similar class action suit against Capital One.

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