The February 2024 incident defines the class
The EFS Advisors and Aviben data settlement sets October 7, 2026 for exclusion and objections, and October 22 for claims. The case concerns an unauthorized attempt to access company systems detected February 22, 2024 and potentially affected private information.
The notice defines eligible living United States individuals whose private information was potentially accessed. Being a teacher, retirement saver or financial-advice client alone does not establish membership. Check the personalized notice and administrator if uncertain.
Two cash choices share an aggregate settlement limit
The cash choices are documented unreimbursed incident losses up to $2,500 or a one-time $50 alternative, not both. One year of three-bureau monitoring can accompany the cash selection. Third-party documentation is needed for losses; personal notes alone are insufficient.
The $850,000 aggregate cap includes approved fees, administration, awards and monitoring as well as cash. If total obligations exceed it, individual cash payments shrink proportionally. Claims must be online or postmarked October 22, with approval scheduled November 6. Defendants deny wrongdoing. The monitoring insurance amount is not a cash award, and submitting a claim does not guarantee the maximum payment.