Class Actions from Mode

No Proof Required – $2.5M Fidelity Investments Data Breach Settlement

If you were notified that your personal or financial information may have been exposed in the August 2024 Fidelity Investments data breach, you could be eligible for a cash payment, free credit monitoring, and reimbursement benefits.

This settlement comes from a class action lawsuit alleging that FMR LLC (Fidelity Investments) failed to adequately protect customer data during a cybersecurity incident. Fidelity denies wrongdoing but agreed to a $2,500,000 settlement to resolve the claims.

What happened?

The lawsuit, In re: Fidelity Investments Data Breach Litigation (Case No. 1:24-CV-12601-LTS), centers on a data security incident that occurred between August 17–19, 2024.

During that window, a third party allegedly accessed Fidelity’s systems without authorization and obtained sensitive customer information, including:

  • Financial account numbers
  • Routing numbers
  • Other personal data tied to Fidelity records

 

Plaintiffs argue that Fidelity failed to properly secure this information. Fidelity disputes those claims but agreed to settle to avoid ongoing litigation costs and uncertainty.

Who is eligible?

You may be included if:

  • You are a U.S. resident
  • You received a notice from Fidelity about the August 2024 data breach
  • Your personal information and/or financial account details were potentially exposed

 

Excluded from the settlement are Fidelity officers/directors, the judge and court staff, and anyone who opts out.

How much money can you get?

This settlement offers multiple benefit tiers, depending on what you choose and whether you have documentation.

 

Flat Cash Payment (No Proof Required)

  • Estimated at $100 per person
  • No receipts or documentation needed
  • Amount may increase or decrease depending on total claims

 

California Resident Payment

  • Additional $50 (CCPA payment) for California residents
  • No documentation required

 

Reimbursement for Out-of-Pocket Losses

  • Up to $5,000 per person
  • Must show proof of losses tied to the breach
  • Eligible expenses may include:
    • Identity theft or fraud losses
    • Credit monitoring or freeze/unfreeze fees
    • ID replacement costs
    • Travel costs related to fraud resolution
    • Postage or communication expenses

 

Free Credit Monitoring

  • 2 years of CyEx Financial Shield Complete
  • Includes:
    • $1 million fraud insurance
    • Dark web monitoring
    • Fraud alerts and identity theft support

Your options

  •  
Option What You Get Proof Required Deadline
File a Claim (Flat Payment) ~$100 cash No July 27, 2026
California CCPA Payment +$50 (if eligible) No July 27, 2026
Reimbursement Claim Up to $5,000 Yes (documentation required) July 27, 2026
Credit Monitoring 2 years of protection No July 27, 2026
Do Nothing Nothing received N/A No deadline

How to file a claim?

To receive benefits, you must submit a claim by July 27, 2026.

What You’ll Need:

  • Your Login ID and PIN from your settlement notice
  • Or request them via email if missing

 

Steps to File:

  1. Go to the official settlement website
  2. Log in using your Login ID + PIN
  3. Choose your benefit option (cash, reimbursement, or both if eligible)
  4. Submit your claim online

 

If you cannot find your credentials, contact:

 

Mail option:
Fidelity Data Security Incident Settlement
c/o Settlement Administrator
P.O. Box 25226
Santa Ana, CA 92799-9958

Related Articles

 

Filing Settlement Claims

Important: If you do not qualify for this settlement, do not submit a claim.
Submitting false or misleading information will result in your claim being rejected and may carry legal consequences for perjury. Dishonest claims also take away from Class Members who are rightfully entitled to settlement benefits.
If you’re unsure about your eligibility, visit the official Settlement Administrator’s website and review their FAQ. (Note: modeclassactionsdaily.com is an informational resource only and is not affiliated with any class action administrator.)Don’t qualify for this one? Browse our database of other open settlements you may be eligible to join.