Independent Solutions Wealth Management Data Breach Lawsuit Investigation
Received an August 2026 breach notice from Independent Solutions Wealth Management?
Dapeer Law, P.A. is investigating a potential class action against Independent Solutions Wealth Management, LLC, a Williamsville, New York wealth-management firm, on behalf of clients whose personal and financial information may have been exposed in the July 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 Independent Solutions Wealth Management dated August 2026.
- Your letter offered enrollment in complimentary Kroll identity and credit monitoring.
- You had personal or financial information held by the firm in its capacity as a wealth-management and financial advisory practice.
- 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 July 9, 2026, Independent Solutions Wealth Management, LLC, a Williamsville, New York wealth-management firm, identified suspicious activity on a computer system managed by a vendor. The firm states that it responded by changing passwords, taking systems offline, and disabling remote access, and that it engaged outside cybersecurity and privacy professionals to investigate. That investigation determined that an unauthorized actor accessed a single network system, which may have allowed access to files containing client information.
The firm notified the Massachusetts Attorney General on August 7, 2026, reporting that 10 Massachusetts residents were affected, and began notifying affected individuals. According to the notice, the information involved may have included names, dates of birth, addresses, phone numbers, Social Security numbers, account numbers, credit or debit card numbers, and other financial information, with the specific categories varying by person. Independent Solutions Wealth Management is offering complimentary identity monitoring, credit monitoring, fraud consultation, and identity-theft restoration through Kroll, and states that it has no evidence of fraud or identity theft tied to the incident.
Wealth-management firms hold an unusually complete financial profile on each client, often combining a Social Security number with account and payment card numbers. That combination can support new-account fraud, tax-refund fraud, and takeover attempts on existing investment accounts, and the exposure does not expire. Whether the firm's pre-breach security practices, and its oversight of the vendor-managed system, met legal standards is 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 Kroll membership number and enrollment code, and it is important evidence if you decide to participate in a lawsuit.
Enroll in the free Kroll identity monitoring
Activate the complimentary Kroll monitoring using the membership information printed in your letter, at enroll.krollmonitoring.com, before the stated deadline. The package includes credit monitoring, fraud consultation, and identity-theft restoration support. 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 account numbers and payment card numbers may have been involved, also review your investment and bank statements line by line and ask your institutions about reissuing affected cards.
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.
Submit your notice for a free review
Two minutes online. A licensed attorney reviews every submission.
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, unauthorized card charges, 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 Independent Solutions Wealth Management to implement stronger data security practices going forward, including tighter oversight of vendor-managed systems.
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 Independent Solutions Wealth Management. What should I do? +
Keep the letter, activate the free Kroll identity and credit monitoring using the membership number printed in your notice, review your investment, bank, and card statements for unfamiliar activity, consider a fraud alert or security freeze with all three credit bureaus, and contact a data breach attorney for a free consultation. Because a Social Security number may have been involved, watch for unexpected tax filings and new accounts opened in your name. Enrolling in the monitoring does not waive your right to sue.
Am I eligible to join a class action against Independent Solutions Wealth Management? +
If you received an August 2026 breach notice from Independent Solutions Wealth Management, you are likely eligible for a free case evaluation. Eligibility depends on your state of residence, the categories of data involved in your particular letter, 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? +
According to the notice filed with the Massachusetts Attorney General, the information involved may have included your name, date of birth, address, phone number, Social Security number, account number, credit or debit card number, and other financial information. The categories varied by individual and by document, so your individual letter is the authoritative source for what applies to you.
Did Independent Solutions Wealth Management offer free credit monitoring? +
Yes. Independent Solutions Wealth Management is offering a complimentary Kroll package that includes identity monitoring, credit monitoring, fraud consultation, and identity-theft restoration. The public filing does not state the length of the benefit period; your letter lists the membership number, the enrollment deadline, and the term. Enrollment is separate from, and does not waive, your right to pursue a claim.
How many people were affected by the Independent Solutions Wealth Management breach? +
The Massachusetts Attorney General filing reports 10 Massachusetts residents affected. That figure covers Massachusetts only, and the firm has not publicly disclosed a nationwide total. 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 Massachusetts Attorney General is available as a PDF from the Massachusetts AG's website (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 · Massachusetts Attorney General, Official Breach Notice (PDF)
- Company · Independent Solutions Wealth Management, LLC (iswealthmanagement.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.
