A federal lawsuit has been filed against API Financial Solutions alleging the company failed to properly secure and safeguard personal information from hackers, resulting in a data breach.
According to the complaint that lists Doris Schleicher as the named plaintiff, the compromised data includes names, dates of birth, Social Security numbers and workers’ compensation information. The breach reportedly impacted 71,886 individuals, including current and former employees of API's clients.
The lawsuit also says API detected unusual activity on its computer systems around June 28, 2023, but waited three months to notify the public about the breach. This delay allegedly put those affected at significant risk of identity theft and other forms of personal harm.
The lawsuit seeks to address API’s alleged inadequate safeguarding of private information and its failure to provide timely notice about the types of information accessed during the breach.
API Financial Solutions is an accounting services company based in St. Charles.
The plaintiffs are represented by Brandon J.B. Boulware and Jeremy M. Suhr of Boulware Law in Kansas City and by Mason A. Barney and Tyler J. Bean of Siri & Glimstad of New York.
U.S. District Court for the Eastern District of Missouri case number 4:23-cv-01431