Fidelity to pay $2.5 million data breach settlement
Fidelity Investments agreed to a $2.5 million class-action settlement for a 2024 data breach affecting 77,000 people.Summary
Fidelity Investments has agreed to a $2.5 million class-action settlement following a 2024 data breach that compromised the personal information of 77,000 customers. The company allegedly failed to adhere to specific data security protocols, allowing the breach that exposed financial account numbers and routing numbers between August 17 and 19, 2024. While Fidelity has not admitted to wrongdoing, eligible class members may receive up to $5,000 in compensation for documented monetary losses, including unreimbursed fraud or identity theft, professional fees, and credit expenses. Claimants must submit a valid form by July 27, 2026, to receive benefits, which also include two years of identity theft protection and credit monitoring services.
(Source：New York Post)