Conrad Capital Management Data Breach Lawsuit Investigation

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Data Breaches / Conrad Capital
Active investigation Data breach · Finance Notices mailed May 20, 2026

Received a March 2026 breach notice from Conrad Capital?

Dapeer Law, P.A. is investigating a potential class action against Conrad Capital Management, Inc., a New York investment management firm, on behalf of customers whose personal information may have been exposed in the March 2026 cyber incident.

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Breach window
Nov 11, 2025 to Mar 8, 2026
Unauthorized network access
Notification delay
~2.5 months
Discovered Mar 2026, notices May 2026
Credit monitoring
TBD - verify before publishing
TBD - verify before publishing
Eligibility

Who may qualify

You may be eligible to participate in a class action if any of the following applies:

  • You received a data breach notification letter from Conrad Capital dated March 2026.
  • Your letter offered enrollment in free identity-monitoring services.
  • You had personal or financial information held by the firm in its capacity as an investment management company.
  • No proof of harm required to consult with counsel. You do not need to have already suffered identity theft to explore your legal options.
  • Excluded: individuals who did not receive a breach notice and whose information was not involved in the incident.

Not sure if you qualify?

Send us your notice, we'll confirm your eligibility at no cost.

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Background

What happened

On March 8, 2026, Conrad Capital Management, Inc. ("Conrad Capital"), a New York investment management firm, detected unusual activity within its computer network. An investigation determined that an unauthorized actor had accessed Conrad Capital's systems and copied files stored on the network between November 11, 2025 and March 8, 2026, a window spanning nearly four months.

Conrad Capital completed its review of the affected data on May 7, 2026 and mailed notification letters on May 20, 2026, approximately 73 days after the breach was discovered. The review confirmed that the impacted files contained customers' names along with other personal data elements. No additional data categories have been specified in the public notice. Conrad Capital is offering complimentary identity-monitoring services to affected individuals and has notified law enforcement.

Whether the firm's pre-breach security practices met applicable legal standards, and whether the extended breach window and the notification timeline caused additional harm to affected customers, are among the issues being evaluated.

Investment management breach Financial data Personal information exposure Delayed notice Maine AG filing
Action plan

What to do if you received a letter

1

Keep your notice letter

Do not discard it. Your letter contains the enrollment code for identity monitoring and is important evidence if you decide to participate in a lawsuit.

2

Enroll in the free identity-monitoring service

Enroll in the complimentary identity-monitoring service offered in your letter before the stated deadline. Accepting this benefit does not waive your right to pursue legal action.

3

Place a fraud alert or credit freeze

Contact Equifax, Experian, and TransUnion to place a fraud alert or freeze on your file. Request a free weekly credit report from AnnualCreditReport.com, and use the FTC's IdentityTheft.gov recovery guide.

4

Speak with a data breach attorney

Consultations with Dapeer Law are free and confidential. We'll review your notice, explain your options, and advise whether you may be eligible to join a class action.

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Timeline

Breach timeline

Nov 11, 2025 to Mar 8, 2026 Passed
Unauthorized access to Conrad Capital network
Mar 8, 2026 Passed
Suspicious activity discovered
May 7, 2026 Passed
Review of affected data completed
May 20, 2026 Passed
Notice filed with Maine AG, letters mailed
Pending Active
Potential class action filing
Statutes of limitations vary by state and legal theory, typically one to six years. Waiting can permanently bar your claim.
Possible recovery

Compensation you may be entitled to

Out-of-pocket expenses

Credit freezes, identity restoration services, and other costs incurred responding to the breach.

Time spent monitoring

Hours spent reviewing accounts, disputing fraudulent charges, and dealing with identity theft issues.

Identity theft & fraud losses

Unreimbursed funds stolen from accounts, unauthorized credit lines, or tax refund fraud tied to the breach.

Statutory damages

Certain state data breach and consumer protection statutes provide for fixed damages regardless of actual loss.

Injunctive relief

Court orders requiring the firm to implement stronger data security practices going forward.

Compensation categories depend on applicable state law, the types of data exposed, and documented losses. No recovery is guaranteed.

FAQ

Common questions

I received a data breach letter from Conrad Capital. What should I do? +

Keep the letter, enroll in the free identity-monitoring service before the deadline printed in your notice, review your financial and investment account statements for unauthorized activity, place a fraud alert on your credit file, and contact a data breach attorney for a free consultation. Accepting identity monitoring does not waive your right to sue.

Am I eligible to join a class action against Conrad Capital? +

If you received a May 2026 breach notice from Conrad Capital, you are likely eligible for a free case evaluation. Eligibility depends on your state of residence, the categories of your data that were exposed, and any losses you have suffered. Dapeer Law will review your notice at no cost.

How much money could I receive from a class action lawsuit? +

Data breach class action recoveries vary significantly. Settlements typically range from a few hundred dollars for basic out-of-pocket losses to several thousand dollars for documented identity theft, with class size, damages, and negotiation all affecting the final amount. No payout is guaranteed, and this investigation has not yet resulted in a settlement.

What personal information was exposed in the breach? +

Conrad Capital's public notice confirms that customers' names and other personal data elements were contained in the affected files. The specific additional categories have not been publicly disclosed. Because Conrad Capital is an investment management firm, the exposed data may include financial account information and other sensitive personal details. Your individual notice letter should specify the categories of your data that were involved.

Did Conrad Capital offer free credit monitoring? +

Yes. Conrad Capital is providing complimentary identity-monitoring services to affected individuals. Enrollment details are included in the letter mailed on May 20, 2026. Enrollment does not waive your right to pursue a claim.

How many people were affected by the Conrad Capital breach? +

The total number of affected individuals has not been publicly disclosed in the Maine Attorney General filing. This page will be updated as additional information becomes available.

Is there a deadline to take legal action? +

Yes. Statutes of limitations for data breach claims vary by state and legal theory, typically ranging from one to six years. Waiting can permanently bar your claim. Contact us as soon as possible for a free evaluation.

How do I get a copy of the official breach notice? +

The notice filed with the Maine Attorney General is available through the Maine AG's public data breach portal (linked in Sources below). If you received a letter but no longer have it, Dapeer Law can assist you in obtaining a copy during your free consultation.

References

Sources & references

Attorney advertising. This page is provided for informational purposes only. It does not constitute legal advice or form an attorney-client relationship. Dapeer Law, P.A. is not affiliated with Conrad Capital Management, Inc., TBD - verify before publishing, or any credit bureau. Prior results do not guarantee a similar outcome. All information regarding the data incident is drawn from the official notification filed with Maine Attorney General on May 20, 2026.
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Cardinal Data Breach Lawsuit Investigation