secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K/A
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001831631-24-000020
Event type: cyber
Sentiment:  negative
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot cyber incident affects up to 16.9M individuals; expects $12-17M Q1 costs
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- Cybersecurity incident impacts sensitive personal information of up to 16.9 million individuals.
- Company expects $12 to $17 million in Q1 2024 expenses net of insurance recovery.
- Company has been named defendant in multiple lawsuits seeking monetary and injunctive relief.
- Incident contained; law enforcement and regulatory engagement ongoing.
- Company does not expect incident to materially impact full year 2024 results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000020/0001831631-24-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000020/ldi-20240104.htm
  HTML page:      https://secwatch.observer/filing/0001831631-24-000020

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