Fidelity Breach Settlement: Claim Window Closed, Approval Pending

At a glance

Status

Pending final approval

Defendant

FMR LLC (Fidelity Investments)

Settlement fund

$2,500,000

Claim deadline

July 27, 2026

No-proof cash option

Yes — ~$100 pro rata cash (no proof) + $50 CCPA payment for California residents, or up to $5,000

Max documented payout

$5,000

Administrator

Simpluris

Official site

fidelitydatasettlement.com

Court

U.S. District Court, District of Massachusetts

Case number

1:24-CV-12601-LTS

Last verified September 27, 2026

Key dates

Milestone	Date	What it means
Claim deadline	July 27, 2026(passed)	Last day to file for a payment
Opt-out (exclusion) deadline	June 26, 2026(passed)	Last day to leave the settlement and keep the right to sue
Objection deadline	June 26, 2026(passed)	Last day to object to the terms
Final approval hearing	July 9, 2026(passed)	When the judge decides whether to approve the settlement
Expected payout	Not yet scheduled	Payments are not sent until after final approval and any appeals

Where to file

Fidelity Investments Data Breach Settlement is administered by Simpluris. The only place to file is the official settlement website:

Verify on the official site

fidelitydatasettlement.com

Filing is free. No legitimate settlement charges a fee to file a claim.

You cannot file on RecordingLaw.com. We are an independent publisher, not the settlement administrator, and we are not affiliated with any court, agency, or defendant.

Fidelity Investments, through the named defendants FMR LLC and Fidelity Brokerage Services LLC (both doing business as Fidelity Investments), is the defendant in a class action settlement over a data security incident the company discovered in August 2024. The incident exposed customers' personal information, which varied by individual and may have included names, Social Security numbers, financial account information, and/or driver's license information, and Fidelity mailed breach notice letters to the individuals involved.

The claim window for the Fidelity Investments Data Breach Settlement closed on July 27, 2026, and the administrator can no longer accept new claim forms. The court held its final approval hearing on July 9, 2026, and the settlement record still shows the case awaiting a final ruling.

What happened

Fidelity discovered the data security incident in August 2024. According to the court-approved notice, the information involved varied by individual and may have included names, Social Security numbers, financial account information, and/or driver's license information. Fidelity notified the individuals whose information was involved by mail, as companies are generally required to do under state data breach notification laws once they discover an incident like this; RecordingLaw's state-by-state data privacy law guide covers what those notice requirements typically look like.

If you're reading this because you got a letter from Fidelity, you're very likely a member of the settlement class described below. If you're reading this because you saw the news and aren't sure whether your information was involved, the settlement administrator, not this article, is the place to confirm your status.

Where the settlement stands right now

The case is pending as In re: Fidelity Investments Data Breach Litigation, case number 1:24-CV-12601-LTS, in the U.S. District Court for the District of Massachusetts. The court held a final approval hearing on July 9, 2026.

The settlement record still does not show a payout date or a confirmed final ruling. The July 27, 2026 claim deadline has passed, so for anyone who filed in time the open questions now are when the court rules and when the administrator distributes payments.

The deadline to exclude yourself from the settlement, also called opting out, was June 26, 2026, and has already passed. Opting out and objecting are different things. Opting out means leaving the class entirely: you keep the right to sue Fidelity on your own over this breach, but you give up any right to a payment from this settlement fund. Objecting means staying in the class while telling the court you think some part of the settlement is unfair. The objection deadline was also June 26, 2026, the same date as the opt-out deadline, and it has passed too.

Who's in the class

The settlement class is U.S. individuals whom Fidelity notified that their personal information was exposed in the August 2024 data breach. That's a narrow, specific test: it comes down to whether Fidelity sent you a notice about this particular incident.

If you got a letter, you don't need to guess. If you're not sure whether you received one, or you think you should have and didn't, contact the settlement administrator, Simpluris, through the official settlement website rather than assuming either way.

How much you might actually get

The settlement fund is $2,500,000. Every valid claim draws from that same pool, so the actual amount paid out is pro rata: the more people who file, the smaller each payment tends to be, and the final numbers aren't locked in until claims close and the court approves fees and costs.

Most class members could choose a no-proof cash payment, estimated at about $100, without submitting any documentation. California residents could also claim a separate $50 payment tied to a California Consumer Privacy Act (CCPA) claim.

Class members with actual, documented losses connected to the breach could instead file for reimbursement of those losses, up to $5,000. It was one path or the other, not both. None of these figures is a promise. They're estimates from a common fund, and the amount you'd actually receive depends on how many people file and what the court ultimately approves.

The cash is not the only benefit. The settlement also gives every class member two years of free identity-theft protection and credit monitoring through a service called CyEx Financial Shield Complete, which includes $1 million in fraud insurance, at no cost. This is separate from any cash payment, so you can take it in addition to the option you pick above. If your Social Security number or financial account information was exposed, this is worth having, and class members signed up for it as part of the claim form on the official settlement site. It is a benefit you are entitled to, not something you should ever pay a third party for.

What proof you need

For the no-proof cash payment and the California CCPA payment, you don't submit documentation. Eligibility and a timely claim form are what matter.

For a documented-loss claim, up to the $5,000 cap, you'll need records showing what you spent or lost because of the breach: things like bank or credit card statements, receipts, or a written explanation you prepare yourself describing what happened. The stronger your paper trail, the stronger that claim.

How to file

Filing was free, and it only happened on the official settlement website. Neither Fidelity nor RecordingLaw reviews or processes claims; a court-appointed administrator, Simpluris, handles that.

The July 27, 2026 deadline has passed, so none of the three options (no-proof cash, the CCPA payment for California residents, or documented-loss reimbursement) can still be claimed. The official settlement website is where the administrator posts approval and payment updates. No legitimate part of this process will ever ask you to pay a fee to receive money you're owed.

Protect yourself first, whether or not you file

A breach that exposes Social Security numbers is a serious one, regardless of how much a settlement payment ends up being worth. The most effective response costs nothing.

Start with a credit freeze at all three major credit bureaus: Equifax, Experian, and TransUnion. A freeze blocks new accounts from being opened in your name, and it's free to place and free to lift, at every bureau, every time. Do this before you do anything else on this page.

After that, use IdentityTheft.gov, the Federal Trade Commission's official recovery site, if you notice signs your information is being misused. It walks you through a free, personalized recovery plan. Keep an eye on your bank, brokerage, and credit card statements for months after a breach like this one, since fraud doesn't always show up right away. If your notice letter lists financial account information or a driver's license number, also contact the bank or brokerage that holds the account and your state motor vehicle agency to ask what protections they offer.

If this isn't the breach you're looking for

Fidelity is one of many companies with a settlement in progress. If you're checking whether a different notice letter or a different company matches a settlement you can file against, RecordingLaw's data breach settlement tracker lists other currently open claims and their deadlines.

Frequently Asked Questions

Is the Fidelity Investments data breach settlement still open?

No. The claim window closed on July 27, 2026, and the settlement administrator can no longer accept new claim forms for the Fidelity Investments Data Breach Settlement. The court held its final approval hearing on July 9, 2026.

What happened in the Fidelity data breach?

Fidelity Investments (the named defendants are FMR LLC and Fidelity Brokerage Services LLC) discovered a data security incident in August 2024 that exposed customers' personal information, which varied by individual and may have included names, Social Security numbers, financial account information, and/or driver's license information, and mailed notice letters to the individuals affected.

Am I eligible for the Fidelity data breach settlement?

You may be eligible if Fidelity notified you that your personal information was exposed in the August 2024 data breach. If you are not sure whether you received a notice, contact the settlement administrator through the official settlement website rather than guessing.

How much money will I get from the Fidelity settlement?

It depends on which option you choose and how many valid claims are filed. Most people could claim an estimated $100 no-proof cash payment, plus $50 more for California residents, while documented losses could be reimbursed up to $5,000; both figures are estimates subject to pro rata adjustment, not guarantees.

Do I need proof to file a claim?

No, not for the no-proof cash payment or the California CCPA payment. You only need documentation, such as bank statements or receipts, if you are claiming reimbursement for documented out-of-pocket losses up to $5,000.

How do I file a claim in the Fidelity data breach settlement?

The deadline was July 27, 2026 and it has passed, so the official settlement website is no longer accepting new claim forms. Filing was free; RecordingLaw is not the settlement administrator and cannot file a claim on your behalf.

What is the difference between opting out and objecting?

Opting out, or excluding yourself, means leaving the settlement class, keeping your right to sue Fidelity separately, and giving up any payment from this fund; that deadline was June 26, 2026, and has passed. Objecting means staying in the class while telling the court you think the settlement is unfair; that deadline was also June 26, 2026, and has passed.

When will Fidelity data breach settlement payments be sent?

No payout date has been set. The court held a final approval hearing on July 9, 2026, and the verified settlement record still does not show a final ruling or a payout date.

What should I do to protect myself besides filing a claim?

Place a free credit freeze at Equifax, Experian, and TransUnion, since a breach that exposes Social Security numbers raises your risk of new-account fraud. Also watch your financial statements and use IdentityTheft.gov if you notice signs of misuse.