Potential Serious Security Breach at Storfront.net?

While reviewing the discussion about Storefront.net on CNET, I spotted the following:
"By the way, is anyone else out there aware of the security issues that occurred last week? I don't want to say anything more. If you do you will know what I am talking about."
"Yes, I know exactly what you mean on the security issue and it was reported to the highest level at LaGarde."
"The only thing relevant is to make sure when you are back online and the dust settles, make sure that you change all passwords. The website, the control panel and the sql server. Make sure none of them are the same as they were before all of this started."

Were any of you informed of this by Storefront.net or Dydacomp??? Anyone know if this information is true? Is this grounds for a lawsuit?