Sprouting Rock Asset Management Data Breach Investigation

Turke & Strauss LLP, a leading data breach law firm, is investigating Sprouting Rock Asset Management, LLC, which does business as Sprouting Rock, regarding its recent data breach. The Sprouting Rock data breach involved sensitive personal identifiable information belonging to an undetermined number of individuals.

ABOUT SPROUTING ROCK ASSET MANAGEMENT, LLC:

Sprouting Rock is an asset management firm that specializes in providing private equity and venture capital investment opportunities, as well as wealth management and retirement planning. Founded in 2006, Sprouting Rock strives to enhance and protect client finances by offering a range of investment solutions, including traditional, alternative, and thematic investments. By 2018, Sprouting Rock had launched an asset management branch, expanding into retirement solutions by 2020. Sprouting Rock is headquartered in Bryn Mawr, Pennsylvania.

WHAT HAPPENED?

On May 17, 2022, Sprouting Rock discovered that it had experienced a data breach in which the sensitive personal identifiable information in its systems may have been accessed. Through its investigation, Sprouting Rock determined that an unauthorized actor may have accessed this sensitive information through an employee email account between May 5 and May 17, 2022. On December 5, 2022, Sprouting Rock began contacting individuals whose information may have been impacted. The type of information exposed includes:

  • Name
  • Social Security number
  • Financial information (e.g., account number)

If you received a breach notification letter from Sprouting Rock:

We would like to speak with you about your rights and potential legal remedies in response to this data breach. Please fill out the form, below, or contact us at (608) 237-1775 or sam@turkestrauss.com.

If you were impacted by the Sprouting Rock data breach, you may consider taking the following steps to protect your personal information.

  1. Carefully review the breach notice and retain a copy;
  2. Enroll in the free credit monitoring service provided by Sprouting Rock Asset Management, LLC;
  3. Change passwords and security questions for online accounts;
  4. Regularly review account statements for signs of fraud or unauthorized activity;
  5. Monitor credit reports for signs of identity theft; and
  6. Contact a credit bureau(s) to request a temporary fraud alert.

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