$2.5M Fidelity Investment data breach class action settlement

Fidelity Investment agreed to pay $2.5 million to resolve claims it failed to prevent a 2024 data breach that compromised sensitive consumer information.

The Fidelity Investment class action settlement benefits individuals who received a data breach notice from Fidelity informing them their financial account number and routing number were compromised between Aug. 17 and Aug. 19, 2024.

According to a class action lawsuit, Fidelity failed to prevent the data breach despite having reasonable cybersecurity measures available to it. The Fidelity Investment data breach could have been prevented if the company had taken reasonable cybersecurity precautions, the plaintiffs contend.

Fidelity is a financial institution that offers investment services, retirement accounts and other financial services.

Fidelity has not admitted any wrongdoing but agreed to a $2.5 million class action settlement to resolve the allegations.

Under the terms of the Fidelity Investment settlement, class members can receive up to $5,000 for documented monetary losses related to the data breach. This could include unreimbursed fraud or identity theft losses, professional fees and credit expenses.

All class members can receive a cash payment of around $100 depending on the number of claims filed with the settlement. Class members who live in California can receive an additional payment of $50.

Class members are also eligible for two years of identity theft protection and credit monitoring services. These services include $1 million of fraud and identity theft insurance.

The deadline for exclusion and objection is June 26, 2026.

The final approval hearing for the Fidelity Investment data breach settlement is scheduled for July 9, 2026.

To receive class action settlement benefits, class members must submit a valid claim form by July 27, 2026.

Who’s Eligible

The class action settlement benefits individuals who received a data breach notice from Fidelity informing them their financial account number and routing number were compromised between Aug. 17 and Aug. 19, 2024.

Potential Award

Up to $5,000 in documented monetary losses, a $100 pro rata cash payment and a $50 California Consumer Privacy Act payment.

Proof of Purchase

Class members claiming documented losses must provide receipts, bills or other documentation that is not self-prepared.

Claim Form

NOTE: If you do not qualify for this settlement do NOT file a claim.

Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.

Claim Form Deadline

07/27/2026

Case Name

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

Final Hearing

07/09/2026

Settlement Website

FidelityDataSettlement.com

Claims Administrator

Fidelity Data Security Incident Settlement
c/o Settlement Administrator
P.O. Box 22799
Santa Ana, CA 92799-9958
[email protected]
833-386-6470

Class Counsel

A. Brooke Murphy
MURPHY LAW FIRM

Lori G. Feldman
HECHT PARTNERS LLP

Defense Counsel

Jack W. Pirozzolo
Eamon P. Joyce
SIDLEY AUSTIN LLP