Fidelity $2.5M Data Breach Settlement: Who Qualifies, How to Claim

The Fidelity data breach settlement is a $2.5 million class-action deal that pays customers whose personal information was exposed when an unauthorized user accessed Fidelity’s systems between August 17 and August 19, 2024. If you qualify, you can claim up to $5,000 for documented losses tied to the breach, an estimated $100 flat cash payment (with an extra $50 for California residents), and two years of credit monitoring. Claims are due July 27, 2026, and a final approval hearing is set for July 9, 2026, in federal court in Massachusetts.¹

Who Qualifies for a Payment

The settlement class covers roughly 155,000 people in the United States. You are included if you either received a breach notification letter from Fidelity or had your financial account number and routing number exposed during the August 2024 incident.²

That class is much larger than the group Fidelity originally notified. The company reported 77,099 affected individuals to state attorneys general and began mailing breach letters on or about October 9, 2024.³ The settlement sweeps in about 86,000 additional individuals or joint accountholders whose account and routing numbers were exposed but who fell outside state-law notification requirements at the time.² So you may qualify even if you never got a letter.

For joint accounts where a single account number and routing number were exposed, only one claim per account is permitted.⁴

What You Can Claim

Every class member can pick from these benefits, and you can claim more than one.

Up to $5,000 for Documented Losses

If the breach caused you out-of-pocket costs, you can seek reimbursement up to $5,000. Eligible expenses include unreimbursed fraud losses, credit monitoring you paid for after August 17, 2024, credit freeze fees, replacement identification documents, professional fees, and smaller costs like postage and mileage. You need documentation, such as receipts or bank statements, tying the expense to the breach.²

An Estimated $100 Flat Payment

Every claimant can take a flat cash payment estimated at $100 with no proof required. The actual amount will be adjusted up or down depending on how many people file claims and what’s left in the fund after other costs are paid.⁵

Extra $50 for California Residents

California class members can claim an additional $50 under the California Consumer Privacy Act. This payment is also subject to pro-rata adjustment.⁵

Two Years of Credit Monitoring

You can also enroll in two years of CyEx Financial Shield Complete. It includes single-bureau credit monitoring, dark web monitoring, financial transaction monitoring, and $1 million in identity theft insurance with access to a fraud resolution agent.⁶

Payments come out of the $2.5 million fund in a set order: administrative costs, attorney fees, and service awards first, then documented-loss reimbursements, then credit monitoring, and finally the flat cash payments. Anything left in the fund does not revert to Fidelity.²

What Information Was Exposed

The attacker manipulated a ten-digit document identification number in a web browser to view documents belonging to other customers.⁷⁸⁹ Fidelity has not admitted any wrongdoing as part of the settlement.²

How to File a Claim

The fastest way to file is online at fidelitydatasettlement.com. Eligible class members should have received a unique ID and PIN from the settlement administrator. If you believe you’re covered but never got a PIN, email info@FidelityDataSettlement.com with your full name and mailing address to request one.¹⁰

You can also file a paper claim by mail. The claims administrator is Simpluris, Inc., at P.O. Box 25226, Santa Ana, CA 92799-9958, or by phone at (833) 386-6470.⁴

If you’re claiming documented losses, upload or attach the receipts, statements, or other records that back up each expense.²

One note on the mail you may have received: on May 19, 2026, the administrator sent a corrective email fixing an error in earlier notices that had blank name fields. The terms of the settlement did not change.¹

Deadlines to Know

Claims deadline: July 27, 2026, whether filed online or postmarked by mail.¹
Opt-out or objection deadline: June 26, 2026. If you want to sue Fidelity on your own or object to the deal, you must act by this date.¹
Final approval hearing: July 9, 2026, at 2:00 p.m. EST before Judge Leo T. Sorokin in the U.S. District Court for the District of Massachusetts.¹

When Payments Will Arrive

Preliminary approval was granted on March 11, 2026, which is why claim notices went out and the claims site opened.¹¹ No money will be distributed until the court grants final approval and any appeals are resolved. File your claim now; wait for payment after the July 9, 2026, hearing and any appeal window that follows.

1
Fidelity Data Settlement. Fidelity Data Settlement
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ClassAction.org. Fidelity Settlement Agreement
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Justice4You. Fidelity Investments Data Breach
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KING 5. Fidelity Data Breach Settlement: How to File a Claim
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USA Today. Fidelity Class Action Settlement Breach Eligibility
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Fidelity Data Settlement. Fidelity Data Settlement Claim Form
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ThinkAdvisor. Fidelity Hit With $1.25M Fine Over Data Breach
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SecurityWeek. Fidelity Investments Data Breach Impacts 77,000 Customers
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Barron’s. Fidelity Fined for Data Handling
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NBC Chicago. Fidelity Data Breach Settlement Claim
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ClassAction.org. $2.5M Fidelity Investments Settlement Ends Litigation Over August 2024 Data Breach