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CMCSA.US
id: 1038

Comcast Corporation (CMCSA) Compromised Personal Data Case

  • On December 18, 2023, Comcast (CMCSA) subsidiary Xfinity filed a notice of data breach with the Attorney General of Maine.
  • On it, on December 20, 2023 $CMCSA fell 1.1%, losing $2B+ of shareholder value.
  • Investors may have grounds to suspect Comcast of data security setbacks, which led to their losses.
On December 18, 2023, Comcast subsidiary Xfinity announced that hackers had accessed personal information of Xfinity’s customers, including usernames, passwords, and in some cases partial Social Security numbers, security questions, birthdates and contact information.

On this news, on December 20, 2023 $CMCSA fell 1.1% and lost over $2B million of its market capitalization, seriously damaging shareholders.

Considering all the information, investors might have grounds to suspect that Comcast failed to establish adequate level of data security, which led to their losses.

The case is already under investigation by at least one of the reputable law firms.
Case Status
Attorney Investigation
Alleged Offence
Misleading Statements
Failure to Disclose
Omissions
Suspected Party
Directors
Management
Security Type
Stocks
Trade Direction
Long
Shock Event Date
20 December 2023
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Comcast Corp

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks s...

    Ticker
    CMCSA.US
    ISIN
    US20030N1019
    CIK
    1166691
    Sector
    Communication Services
    Industry
    Telecom Services
    Country
    USA
    Address
    One Comcast Center, Philadelphia, PA, United States, 19103-2838