Published 1 hour ago • loading... • Updated 2 hours ago
Fidelity agrees to $2.5M settlement with payouts up to $5K: Do you qualify?
The $2.5 million deal covers more than 77,000 notified customers and offers documented loss payments of up to $5,000.
Fidelity Investments customers may be eligible for a payout from the company's $2.5 million settlement, with claims due by July 27, 2026.
The lawsuit, filed in Massachusetts, claimed Fidelity failed to protect its network from a "data security incident" between Aug. 17, 2024, and Aug. 19, 2024, though Fidelity denied any wrongdoing.
Eligible class members can claim a cash payment estimated at about $100, described as "pro rata," or reimbursement up to $5,000 for documented losses, plus $1 million in fraud insurance through CyEx Financial Shield Complete.
Customers wishing to preserve the right to file their own lawsuit against Fidelity must formally opt out by June 26, 2026, or remain unable to participate in other legal actions.
A final approval hearing is scheduled for July 9, 2026, to determine settlement fairness; claimants seeking eligibility clarification can contact the Settlement Administrator at 386-6470.