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LOWEY DANNENBERG, P.C. is Investigating Claims on Behalf of California Cryobank LLC Customers Who May Have Been Harmed by a Recent Data Breach

1. California Cryobank experienced a significant data breach in April 2024. 2. Unauthorized access potentially compromised sensitive personal information of clients. 3. Legal investigations for class action lawsuits are underway for affected individuals. 4. California Cryobank is the largest sperm bank in the U.S. 5. Increased legal scrutiny may impact the company's financial standing.

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FAQ

Why Bearish?

Data breaches can lead to reputational damage and financial liabilities. Recent examples show that affected companies may experience stock declines.

How important is it?

The ongoing investigation and potential lawsuits could significantly influence market perceptions and financial health.

Why Short Term?

The immediate fallout from the breach will likely affect confidence in California Cryobank, impacting stock price short-term. Financial ramifications often follow quickly.

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NEW YORK, April 18, 2025 (GLOBE NEWSWIRE) -- Lowey Dannenberg, P.C. is investigating potential claims regarding a data breach at California Cryobank LLC that occurred between April 20 – 22, 2024. To contact us regarding this investigation, please visit our website HERE and complete the form to speak with an attorney. California Cryobank specializes in providing frozen donor sperm and specialized reproductive services, such as egg and embryo storage. The company is the largest sperm bank in the United States. What happened? On April 20, 2024, California Cryobank experienced a cyber-security incident where an unauthorized party gained access to its IT environment. California Cryobank subsequently determined that the unauthorized party accessed and/or acquired files containing sensitive personal information. This information may have included names, Social Security numbers, driver’s license numbers, financial account numbers, and health insurance information. How can I protect my personal data? If you receive a data breach notification concerning California Cryobank, you should regularly review your account statements and credit reports for suspicious or unauthorized activity. Lowey Dannenberg, P.C. is investigating a class action lawsuit to seek legal remedies for individuals whose sensitive personal data may have been compromised by the data breach. For more information, please CONTACT: LOWEY DANNENBERG, P.C.44 South Broadway, Suite 1100White Plains, NY 10601Telephone: (914) 733-7233Email: pdemato@lowey.com Web: www.lowey.com About Lowey Dannenberg, P.C. Lowey Dannenberg, P.C. is a national class action law firm with offices in New York and Pennsylvania. Lowey Dannenberg attorneys routinely litigate complex data breach and privacy class actions, as well as antitrust, commodities, and securities matters. This press release may be considered Attorney Advertising in some jurisdictions.

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