Agency Owner/Plaintiff in LPR Repo Data Theft Lawsuit Speaks Out

For the repossession industry, this moment is a test

Agency Owner/Plaintiff in LPR Repo Data Theft Lawsuit Speaks Out

A lawsuit that has already sent shockwaves through the repossession industry is now drawing intense attention across the sector.

Although the LPR data breach lawsuit was filed on April 6, it did not become widely known until April 13. In the days since, Mike Aghyrian, owner of HNS Recovery, has been inundated with a high volume of calls, texts, and emails, so many that he has reportedly had to obtain a second phone simply to continue daily business operations.

By Aghyrian’s account, the majority of outreach has been supportive or inquisitive, with industry peers seeking clarity on the allegations and their potential implications. The response underscores just how closely the industry is watching the case and how significant its potential impact may be.

Despite the surge in attention, Aghyrian has remained measured in his response. In an effort to address questions and provide insight into his position, he has now issued a public statement.

Mike has made the following statement:

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As a business owner, I recognize that no organization is immune to challenges when individuals act outside of established standards and expectations.

Recently, legal action was filed to address matters that we believe are important to the integrity of our business and the industry as a whole. We will allow the legal process to move forward and speak for itself.

I also want to acknowledge DRN and MVTRAC for taking steps to address the situation internally. Actions like these are important in maintaining accountability and trust across the industry.

Our focus remains on continuing to operate with integrity, supporting our partners, and contributing to a fair and transparent environment for everyone involved.

– Pascal Mike Aghyarian

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A Moment Bigger Than One Case

What began as a legal dispute has now clearly crossed into something broader, touching not just companies and contracts, but people, reputations, and the future of trust within the industry.

The reaction to this lawsuit reveals just how high the stakes have become. For some, it represents long-overdue accountability. For others, it raises uncomfortable questions about systems and relationships many have relied on for years.

Disagreement is part of any industry. Debate is expected.

As this case moves forward through the courts, it will ultimately be decided by evidence, process, and the rule of law, not public pressure or speculation.

For the repossession industry, this moment is a test, not just of systems and safeguards, but of professionalism, restraint, and respect for the process.

Because long after the case is resolved, those values will define what comes next, and just who the repossession industry chooses to be.

Kevin Armstrong

Publisher

Related:

The LPR Crisis – What’s Next?

LPR Repo Data Theft Lawsuit Filed in Texas

ARA’s Response to LPR Lawsuit

The Tale of the LPR Network