cyber
confidence high
sentiment negative
materiality 0.65
Lemonade ends Chewy warrant deal; 190K driver's license numbers exposed
Lemonade, Inc.
- Terminated warrant agreement with Chewy; 3,170,834 remaining shares cancelled, 181,191 previously exercised.
- Agency agreement with Chewy remains in effect; omnibus agreement also terminated.
- Data incident: ~190,000 driver's license numbers sent unencrypted via API call to third-party provider.
- Company states operations not compromised and incident is not material; regulators notified.