Canadians who use Wealthsimple could be a part of a new proposed class-action lawsuit filed against the company.

Last week, law firm Slater Vecchio LLP filed a class action against the online investment management service, alleging that a recent data breach “exposed highly sensitive personal and financial information of some of Wealthsimple’s Canadian customers.”

“Canadians entrust their most private financial details to institutions like Wealthsimple with the expectation that those details will be protected with the highest level of security,” stated Anthony Vecchio, partner at Slater Vecchio LLP.

The lawsuit refers to a cyberattack that Wealthsimple detected on Aug. 30 and notified clients about on Sept. 5. The issue was contained within a few hours, and the company learned that a s

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