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Feb. 17, 2026

Hausfeld, Gibbs Mura named lead counsel in Prosper data breach case

A federal judge appointed Hausfeld and Gibbs Mura to lead a proposed class action against Prosper Funding over a 2025 data breach potentially affecting millions of customers and loan applicants.

Hausfeld LLP and Gibbs Mura will serve as lead counsel in a class action potentially involving millions of plaintiffs against financial services company Prosper Funding, according to an order issued by U.S. District Judge Charles R. Breyer on Friday.

Breyer said he based his decision on the firms' work in the case and their experience with similar lawsuits.

"Gibbs and Hausfeld have investigated the facts, interviewed class representatives, explored retaining expe...

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