Prosper Funding LLC is a financial services company that offers peer-to-peer lending and consumer loans. In September 2025, Prosper announced a major cybersecurity breach involving unauthorized access to its systems. The company confirmed that sensitive personal information, including Social Security numbers, was accessed through unauthorized database queries containing customer and applicant data. The breach reportedly affected 17.6 million people, and that number may increase as the investigation continues.
Labaton is investigating potential arbitration claims against Prosper on behalf of accountholders whose personal information was exposed in this breach. If you live in California, you may be entitled to compensation of up to $750 under state privacy laws. If you live in Virginia, you may be entitled to up to $500 under Virginia’s Unfair and Deceptive Acts and Practices statute. If you live in New York, you may be entitled to up to $550 under New York’s Unfair and Deceptive Acts and Practices statute.

