First Rate Financial Data Breach Lawsuit Investigation

Shamis & Gentile P.A., one of the nation's premier class action law firms specializing in data breach cases, is investigating the First Rate Financial data breach.

If you were affected by the data breach, your sensitive personally identifiable information may have been exposed, and you may be eligible for compensation.

About First Rate Financial

First Rate Financial is a mortgage brokerage firm based in Anchorage, Alaska. Founded in 2005, the company focuses on residential mortgages and serves clients ranging from first-time homebuyers to real estate investors.

They operate as a broker, shopping multiple lenders to find loan options for their clients.

What Happened?

First Rate Financial suffered a ransomware attack by the group LOCKBIT 5.0. The incident was first posted to the dark web on Dec. 16, 2025, with the group claiming to have obtained company data and threatening to publish it within two weeks.

The breach was officially disclosed to the Vermont Attorney General on May 6, 2026.

The breach exposed sensitive information belonging to individuals. According to the official disclosure, the following types of consumer information were exposed:

Information Exposed:

• Social Security numbers
• Government ID numbers
• Financial account codes
• Credit or debit account information

You May Be Entitled to Compensation

If your information was exposed in the First Rate Financial data breach, you may be eligible for compensation. Lawyers are ready to help affected individuals seek damages for out-of-pocket expenses, time spent dealing with the breach, and any resulting identity theft or fraud.

To find out if you qualify and to join the lawsuit, complete the below form. This is the first step in protecting your rights and holding companies accountable for failing to safeguard your information.

Sources

• Vermont Attorney General
• Dark web