Towerpoint Wealth Data Breach Lawsuit Investigation
Received a June 2026 breach notice from Towerpoint Wealth?
Dapeer Law, P.A. is investigating a potential class action against Towerpoint Wealth, LLC, a Sacramento, California wealth-management firm, on behalf of individuals, including minors, whose personal 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 Towerpoint Wealth dated June 2026.
- Your letter offered enrollment in a complimentary cyber-monitoring service.
- You, or your child, had personal or financial information held by Towerpoint Wealth in its capacity as a wealth-management 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 27, 2026, Towerpoint Wealth, LLC, a Sacramento, California wealth-management firm, detected suspicious activity inside certain of its computer systems. The firm states that it moved to secure the environment and retained third-party cybersecurity specialists to conduct a forensic investigation. That investigation determined that an unauthorized actor accessed and copied files containing client data.
Towerpoint Wealth completed a record-by-record review of the affected files and began mailing notification letters on or around June 5, 2026, when it also notified the California Office of the Attorney General. According to the notice, the information involved includes affected individuals' names, Social Security numbers, and financial or investment account information. The firm is offering a complimentary cyber-monitoring service to those affected.
The notice was issued on a template for minors, indicating that children's information was among the data accessed. A minor's Social Security number is a particularly sensitive identifier because it can be misused for years before the fraud is detected. Whether Towerpoint Wealth's pre-breach security practices 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 enrollment code for the cyber-monitoring service and is important evidence if you decide to participate in a lawsuit.
Enroll in the free cyber-monitoring service
Follow the unique enrollment instructions in your letter to activate the complimentary cyber-monitoring offered by Towerpoint Wealth before the stated deadline. 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. If the letter concerns a minor child, consider placing a security freeze on the child's credit file with each of the three bureaus, which blocks new accounts from being opened in the child's name.
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
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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, 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 Towerpoint Wealth 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 Towerpoint Wealth. What should I do? +
Keep the letter, follow the enrollment instructions to activate the free cyber-monitoring service before the deadline printed in your notice, place a fraud alert on your credit file, and contact a data breach attorney for a free consultation. If the notice concerns a minor child, consider a security freeze on the child's credit file. Accepting the monitoring service does not waive your right to sue.
Am I eligible to join a class action against Towerpoint Wealth? +
If you, or your child, received a June 2026 breach notice from Towerpoint Wealth, you are likely eligible for a free case evaluation. Eligibility depends on your state of residence, the categories of data 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? +
According to the notice filed with the California Attorney General, the information involved includes affected individuals' names, Social Security numbers, and financial or investment account information. The notice was issued on a template for minors, indicating that children's data was among the information accessed. Your individual letter should specify the categories of your data that were involved.
Did Towerpoint Wealth offer free credit monitoring? +
Yes. Towerpoint Wealth is offering a complimentary cyber-monitoring service. The public notice does not name the provider or state the duration; the unique enrollment instructions and deadline are printed in your individual letter. Enrollment is separate from, and does not waive, your right to pursue a claim.
How many people were affected by the Towerpoint Wealth breach? +
The total number of affected individuals has not been publicly disclosed in the California Attorney General filing. Only those who received a letter are confirmed to have been affected. 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 California Office of the Attorney General is available through the California 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.
Sources & references
- Official breach notice filing · California Attorney General, Official Breach Notice (PDF)
- Company · Towerpoint Wealth, LLC (towerpointwealth.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.
