Fidelity Settles $2.5 Million Fidelity Data Breach Settlement
Fidelity Investments agreed to a $2.5 million fidelity data breach settlement after claims that a 2024 breach exposed customers’ financial account numbers and routing numbers. People who got notices about the breach can seek cash, reimbursement for documented losses, and identity theft protection.
Fidelity Investments class claims
The settlement covers individuals who received a data breach notice from Fidelity saying their financial account number and routing number were compromised between Aug. 17 and Aug. 19, 2024. The case is In re: Fidelity Investments Data Breach Litigation, Case No. 1:24-cv-12601-LTS, in the United States District Court for the District of Massachusetts.
Under the deal, class members can receive up to $5,000 for documented monetary losses tied to the breach. Those losses can include unreimbursed fraud or identity theft losses, professional fees and credit expenses. Fidelity has not admitted any wrongdoing.
Payment amounts and protection
All class members can also receive a cash payment of around $100, depending on how many claims are filed. California class members can receive an additional $50. The settlement also provides two years of identity theft protection and credit monitoring, including $1 million of fraud and identity theft insurance.
That package gives affected customers both a direct payment and a way to document higher out-of-pocket costs from the breach. For a reader who got a notice, the practical question is whether a loss can be tied to the exposure and backed by records, because that is what unlocks the larger reimbursement.
June 26 and July 27 deadlines
Class members have until June 26, 2026, to opt out or object, and the final approval hearing is scheduled for July 9, 2026. Anyone seeking settlement benefits must submit a valid claim form by July 27, 2026.
If the court approves the deal on that schedule, the next step for eligible customers is simple: file before the claim deadline and support any documented-loss request with records. The settlement leaves Fidelity paying cash and services now, while the size of each payout will hinge on how many people submit claims.
