Fidelity breach settlement could pay up to $5,000 to affected customers

Fidelity Investments has agreed to a $2.5 million class-action settlement over a 2024 data breach that affected more than 155,000 customers. Eligible claimants include those Fidelity notified and U.S. customers whose account numbers and routing numbers were exposed; payouts can reach up to $5,000 for documented out-of-pocket losses, with the bulk of payments expected to be pro-rated around $100. A July 9 court hearing will decide final approval, and claims must be filed by July 27 via the settlement website; California residents may receive additional payments under the California Consumer Privacy Act.