secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K/A
Filed at:   2024-01-22T23:59:59+00:00
Accession:  0001831631-24-000011
Event type: cyber
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot cyber breach exposes sensitive data of 16.6M individuals; systems being restored
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- Unauthorized third party accessed sensitive personal info of approximately 16.6 million individuals in loanDepot systems.
- Company will notify affected individuals and offer free credit monitoring and identity protection services.
- Significant progress restoring loan origination, loan servicing, and MyLoanDepot/Servicing customer portals.
- CEO Frank Martell: 'sincerely regret any impact to our customers'; investigation ongoing.
- Company has not yet determined whether incident will materially impact financial condition or operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000011/0001831631-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000011/ldi-20240104.htm
  HTML page:      https://secwatch.observer/filing/0001831631-24-000011

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