A Toronto lawyer has filed a class-action lawsuit against Canadian Imperial Bank of Commerce over the fax fiasco. Last year, we reported that CIBC had been faxing the confidential information of hundreds of customers to a West Virginia scrapyard operator. Later we learned that similar faxes were being transmitted by CIBC to a Montreal man.
Ted Speevak, one of the individuals whose confidential information — social insurance number, bank account data, home phone, etc. — ended up in West Virginia, is part of the lawsuit. Speevak's exposure was unique in that he is one of two individuals whose information also ended up on a publicly accessible court Web site in Maryland as part of a separate lawsuit between CIBC and the West Virginian.
The lawsuit filed on behalf of Speevak and others seeks $9-million in damages.