|Company name||First American Financial Corporation|
NEW YORK, September 5, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against First American Financial Corporation (NYSE: FAF) on behalf of First American stockholders. Our investigation concerns whether First American has violated the federal securities laws and/or engaged in other unlawful business practices.
Bragar Eagel and Squire is investigating certain officers and directors of First American Financial Corporation following a data leak.
On May 24, 2019, Brian Krebs of krebsonsecurity.com published a report alleging that First American may have allowed unauthorized access to more than 885 million records related to mortgage deals going back to 2003. According to the report, First American said that it learned of a “design defect in one of its production applications that made possible unauthorized access to customer data” and has shut down external access.
On this news, First American’s share price fell by more than 6%, closing at $51.80 per share on May 28, 2019.
If you purchased or otherwise acquired First American shares, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.