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EFS Advisors and Aviben Data Breach Settlement

Settlement Amount
$850,000
Claim Deadline
October 22, 2026
Total Fund
$850,000
File on the official site → efsdatasettlement.com

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EFS Advisors and Aviben Data Breach Settlement is a proposed $850,000 class action for U.S. residents whose private information may have been accessed in an unauthorized network-access attempt on or about February 22, 2024. Eligible claimants may seek documented losses up to $2,500 or a flat $50 cash payment with no documentation required, plus one year of credit monitoring. File by October 22, 2026 at efsdatasettlement.com. EFS Advisors and Aviben deny wrongdoing.

Do I Qualify?

You may be eligible if:

File online at the official settlement website. Choose documented out-of-pocket losses up to $2,500 if you have records of unreimbursed costs, or the $50 alternate cash payment with no documentation required. All class members may also elect one year of credit monitoring.

File your claim through the official settlement website at efsdatasettlement.com before October 22, 2026.

File on the official site → efsdatasettlement.com

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What Happened?

On or about February 22, 2024, EFS Advisors, LLC and Educators Benefit Consultants, LLC d/b/a Aviben detected an unauthorized third-party attempt to access their computer network. Private information of impacted individuals may have been accessed.

The case is Kennedy et al. v. EFS Advisors, LLC et al., Case No. 30-cv-24-649 (Isanti County District Court, Minnesota). The settlement fund is $850,000. Defendants deny wrongdoing.

The claim deadline is October 22, 2026. Exclusion and objection deadlines are October 7, 2026. A Final Approval Hearing is scheduled for November 6, 2026.

How to File Your Claim

  1. File a Claim Form online at efsdatasettlement.com by October 22, 2026
  2. Submitting a Claim Form is the only way to receive settlement benefits
  3. Keep your settlement notice available when you file
  4. Visit the official claim form: https://www.efsdatasettlement.com/

How Much Will I Actually Get?

Up to $2,500 for documented out-of-pocket losses (credit monitoring fees, bank fees, fraud/identity theft losses between 2/22/2024 and 10/22/2026), OR a flat $50 alternate cash payment with no documentation required; all class members may elect 1 year of credit monitoring

Last reviewed: August 24, 2026 | Information verified from court records and official settlement documents.

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Frequently Asked Questions

What happened in the EFS Advisors and Aviben data incident?
On or about February 22, 2024, EFS Advisors, LLC and Educators Benefit Consultants, LLC d/b/a Aviben detected an unauthorized third-party attempt to access their computer network. The unauthorized actor may have accessed impacted individuals’ private information. The lawsuit is Kennedy et al. v. EFS Advisors, LLC et al., Case No. 30-cv-24-649, in Isanti County District Court, Minnesota. Defendants deny wrongdoing. The Court has not decided who is right.
Who qualifies for the EFS Advisors and Aviben data breach settlement?
You may qualify if you are a U.S. resident whose private information was potentially compromised in the February 22, 2024 network-access incident involving EFS Advisors, LLC / Educators Benefit Consultants, LLC (d/b/a Aviben). Eligibility is nationwide. Only settlement class members who do not exclude themselves may submit a Claim Form.
Should I claim documented losses or the $50 alternate cash payment?
The $850,000 settlement offers two cash paths. Choose documented out-of-pocket losses (up to $2,500) if you have records of unreimbursed costs fairly traceable to the incident between February 22, 2024 and October 22, 2026 — for example credit-monitoring fees, bank fees, or fraud or identity-theft losses. Choose the $50 alternate cash payment if you do not have documentation. All class members may also elect one year of credit monitoring.
What credit monitoring does the EFS Advisors settlement include?
All class members may elect one year of credit monitoring as a settlement benefit, in addition to a cash payment path. Activation details are in the settlement notice and on efsdatasettlement.com. Credit monitoring does not replace the need to file a Claim Form for a cash payment.
What is the EFS Advisors and Aviben data breach settlement deadline?
The claim deadline is October 22, 2026. File online at efsdatasettlement.com. Submitting a Claim Form is the only way to receive settlement benefits. The deadline to exclude yourself or object is October 7, 2026. A Final Approval Hearing is scheduled for November 6, 2026.
What if I do nothing in the EFS Advisors settlement?
If you do nothing, you will not receive settlement benefits. Unless you exclude yourself by October 7, 2026, you will still be bound by the settlement if the Court approves it and will release claims related to the February 2024 data security incident.

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