Eligible Texans have days left to claim a share of $2.5M settlement

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A year and a half after litigation, a judge has cleared the way for a settlement that will allow a well-known personal finance company to begin making payments. Fidelity Investments, which has offices in San Antonio, Austin, and other major Texas cities, has established a $2.5 million fund, with some of that money set aside for eligible customers.

It comes after a major data breach that exposed the Social Security numbers, addresses, and other sensitive details of more than 77,000 users. Folks must file a claim to have a chance to cash in, but they have only a bit of time left. 

How do I file a claim with the Fidelity data breach settlement that offers up to $5,000?

U.S. District Court Judge Leo T. Sorokin authorized the settlement agreement at a Final Approval Hearing on Thursday, July 9. Folks looking to see if they can get their share of the $2.5 million must electronically submit or postmark a claim form by the July deadline. File an online claim via the official settlement website, linked here.

Another option is to print the claim form. Download the document by clicking here. You will need to mail it to the settlement administrator at the following address: 

Fidelity Data Security Incident Settlement, c/o Settlement Administrator

P.O. Box 25226

Santa Ana, CA 92799-9958 

How can I claim $5,000 from Fidelity for the settlement payout?

File a claim by Monday, July 27, 2026. A Claims Administrator will determine how much money you are eligible to receive, court records state.

What is the lawsuit against Fidelity Investments?

Fidelity Investments "helps customers plan and achieve their most important financial goals" by offering online guidance to clients, who are often employers, individual investors, or charitable donors, according to its website.

Plaintiffs from several states, including California, New York, and Florida, filed a class action lawsuit in February 2025 after Fidelity Investments (defendant) notified consumers of the security incident, court documents show. 

What happened: According to the complaint, between August 17, 2024, and August 19, 2024, Fidelity Investments detected suspicious activity on its computer network. A forensic investigation revealed that cybercriminals had "launched a targeted cybersecurity attack" and accessed the defendant's data files. Plaintiffs add that the business waited two months before notifying consumers of the breach, according to court documents. Three of the plaintiffs allege, per the complaint, that their information was also published on the dark web. 

Plaintiffs allege that the company failed to "implement adequate and reasonable measures" to secure its computer network and that the event was preventable. Since this is a class action lawsuit, the plaintiffs represent both themselves and other similarly situated persons across the U.S.

Do I qualify for the Fidelity settlement?

The settlement website states that the court considers the following people eligible: anyone in the U.S. whom Fidelity notified of the data security incident and all others whose account and routing numbers were exposed in the incident (joint account holders must have had a single financial account number and routing number compromised, and only one claim is permitted under the settlement). 

How much is the Fidelity data breach lawsuit payout per person?

It depends on how severely you were affected. If you have "documented out-of-pocket losses" from the data breach, you can receive up to $5,000, according to the settlement website. The losses must have occurred between August 17, 2024, and July 27, 2026.

However, you don't need proof to be eligible for a payment under this settlement. All other class members may claim a pro rata cash payment. According to the final approval order, the payment is expected to be $100, but it may be larger or smaller depending on how many people file claims and what remains after attorney's fees, service awards, notice and administrative expenses and other debts are paid.

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