Kovack Financial Data Breach Exposes Sensitive Personal and Financial Information On August 12, 2026, Edelson Lechtzin LLP, a national class action law firm, announced an investigation into a data breach at Kovack Financial, LLC, a Florida-based investment advisor and broker-dealer. The breach, detected on August 28, 2025, involved unauthorized access to the company’s network between August 8 and August 27, 2025. Kovack Financial confirmed on July 16, 2026, that the compromised files contained sensitive personal data. Exposed information may have included: - Social Security numbers - Financial account details - Driver’s license numbers Kovack Financial began notifying affected individuals via letters dated August 10, 2026, offering 12 months of complimentary credit monitoring and identity restoration services through Cyberscout (a TransUnion company). Edelson Lechtzin LLP is examining whether Kovack Financial had sufficient safeguards to prevent the breach and is pursuing potential legal action on behalf of impacted individuals. The firm notes that those affected may face heightened risks of identity theft and fraud. The investigation remains ongoing.