Edelson Lechtzin investigates Kovack Financial data breach
Edelson Lechtzin LLP says it is investigating a Kovack Financial data breach that may have exposed personal and financial information.
Edelson Lechtzin LLP said it is investigating a data breach at Kovack Financial, LLC, a Florida-based investment advisor and broker-dealer, after the company said files in its network may have been accessed by an unauthorized actor.
According to the release, the files may have contained sensitive personal and financial information, including Social Security numbers and financial account information. Edelson Lechtzin said affected people could face a higher risk of identity theft and fraud.
Kovack became aware of suspicious activity on its computer network on or around Aug. 28, 2025, the release said. A later investigation found that an unauthorized actor accessed files within the company’s network between Aug. 8, 2025, and Aug. 27, 2025.
The firm said Kovack determined on July 16, 2026, that the accessed files contained personal information relating to affected individuals. Kovack began notifying affected individuals by letter dated Aug. 10, 2026, according to the release.
Kovack is offering 12 months of complimentary credit monitoring and identity restoration services through Cyberscout, a TransUnion company, the release said.
Edelson Lechtzin said it is investigating whether Kovack had adequate safeguards in place to prevent the breach. The firm also said it is offering free, confidential case evaluations to affected individuals.
This release was issued by PR Newswire on Aug. 12, 2026. Because the matter concerns a named private company and alleged personal data exposure, human review is required.
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Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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