Cresset Capital Management Data Breach Lawsuit Investigation
Received a April 2026 breach notice from Cresset Capital?
Dapeer Law, P.A. is investigating a potential class action against Cresset Capital Management, LLC, a Chicago, Illinois private wealth management firm, on behalf of clients whose names, dates of birth, Social Security numbers, driver's license numbers, passport numbers, and financial account information may have been exposed in the April 2026 cyber incident.
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 Cresset Capital dated April 2026.
- Your letter offered enrollment in a complimentary two-year subscription to Experian IdentityWorks Credit Plus 3B, including three-bureau credit monitoring, internet/dark-web surveillance, identity restoration, and up to $1 million in identity theft insurance.
- You had personal or financial information held by Cresset Capital in its capacity as a private wealth management and multi-family office firm.
- 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.
What happened
On April 6, 2026, Cresset Capital Management, LLC ("Cresset Capital"), a Chicago, Illinois private wealth management firm founded in 2017 and headquartered at 444 West Lake Street, Suite 4700, identified suspicious activity within its computer network. According to the company's notice, Cresset activated its incident response protocols, contained the activity shortly afterward, and engaged third-party cybersecurity professionals to investigate and confirm that no ongoing unauthorized access remained.
Written consumer notices were mailed on May 14, 2026, roughly five weeks after the suspicious activity was detected, and the incident was reported to the California Attorney General the same day. Cresset Capital's notice states that the personal information accessed includes each affected individual's name, contact information, date of birth, Social Security number, driver's license number, passport number, and financial account information. Cresset reports no evidence that client assets, funds, or accounts were compromised, no operational disruption, and no indication that the data has been publicly released. Affected individuals are being offered a complimentary 24-month Experian IdentityWorks Credit Plus 3B subscription.
Because Social Security numbers, driver's license numbers, and passport numbers can be used to open fraudulent credit accounts, file false tax returns, obtain government identification, and commit other forms of identity theft, the combination of identifiers reportedly involved in this incident raises heightened concerns. Whether Cresset Capital's pre-breach security practices were reasonable for a private wealth management firm holding highly sensitive client information, and the scope of the affected individuals, are among the issues being evaluated.
What to do if you received a letter
Keep your notice letter
Do not discard it. Your letter contains the activation code for the complimentary Experian IdentityWorks Credit Plus 3B subscription and is important evidence if you decide to participate in a lawsuit.
Enroll in the free 24-month Experian IdentityWorks Credit Plus 3B subscription
Enroll in the Experian IdentityWorks Credit Plus 3B service offered in your letter by the enrollment deadline printed on your notice. The product includes three-bureau credit monitoring, internet/dark-web surveillance, identity restoration, and up to $1 million in identity theft insurance. Accepting this benefit does not waive your right to pursue legal action.
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. Because Social Security numbers, driver's license numbers, and passport numbers were reportedly involved, you should also place a fraud alert or security freeze on your credit file with all three major bureaus, watch for unfamiliar tax filings or unemployment claims under your Social Security number, monitor your bank and brokerage statements closely for unauthorized activity, and consider notifying your state's department of motor vehicles and the U.S. Department of State about the potential misuse of your driver's license and passport.
Speak with a data breach attorney
Consultations with Dapeer Law are free and confidential. We'll review your notice, explain your options under California, Illinois, and other state breach-notification and consumer-protection laws, and advise whether you may be eligible to join a class action.
Submit your notice for a free review
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Breach timeline
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, Social Security number-based identity theft, tax-refund fraud, driver's license fraud, passport fraud, brokerage and bank account takeover, 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 Cresset Capital 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.
Common questions
I received a data breach letter from Cresset Capital. What should I do? +
Keep the letter, enroll in the free 24-month Experian IdentityWorks Credit Plus 3B subscription by the enrollment deadline printed on your notice, place a fraud alert or security freeze with all three major credit bureaus, monitor your bank, brokerage, and credit-card statements closely for unauthorized activity, watch for unfamiliar tax filings or unemployment claims under your Social Security number, and contact a data breach attorney for a free consultation. Accepting credit monitoring does not waive your right to sue.
Am I eligible to join a class action against Cresset Capital? +
If you received a May 2026 data breach notice from Cresset 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? +
Cresset Capital's notice identifies the personal information accessed as each affected individual's name, contact information, date of birth, Social Security number, driver's license number, passport number, and financial account information. These categories of data can be used to open fraudulent credit accounts, file false tax returns, obtain government identification, and commit other forms of identity theft. Your individual notice letter should confirm the specific data elements identified for you.
Did Cresset Capital offer free credit monitoring? +
Yes. Cresset Capital is providing a complimentary 24-month subscription to Experian IdentityWorks Credit Plus 3B. The product includes three-bureau credit monitoring (Experian, Equifax, and TransUnion), internet and dark-web surveillance, identity restoration support, and up to $1 million in identity theft insurance. The enrollment deadline is printed on your notification letter. Enrollment is separate from, and does not waive, your right to pursue a claim.
How many people were affected by the Cresset Capital breach? +
The total number of affected individuals has not been publicly disclosed in the California 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 is publicly available through the California Attorney General's data breach list (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.
Sources & references
- Official breach notice filing · California Attorney General, Cresset Capital Breach Notice (PDF)
- Company · Cresset Capital Management, LLC (cressetcapital.com)
- Credit bureau freezes · Equifax · Experian · TransUnion
- Free weekly credit reports · AnnualCreditReport.com
- Identity theft recovery guide · FTC IdentityTheft.gov
Don't let the deadline decide for you. Submit your claim today.
You only have a limited window to act. Our team will review your notice, explain your options, and tell you whether you may be eligible to recover compensation, at no cost to you.
