Settlement Over Fidelity Data Breach: How Long to File a Claim and How Much You Could Receive
· Telemundo McAllen (KTLM)
A significant settlement with Fidelity Investments stemming from a data breach could result in payments of up to $5,000 for customers, but the deadline to file a claim is approaching. The $2.5 million settlement follows a lawsuit alleging that Fidelity experienced a cybersecurity incident between August 17 and 19, 2024, during which a third party accessed and obtained personal and financial records of some clients. These records included names, Social Security numbers, financial account numbers, and/or driver's license information, according to the settlement administrator's website. Once approved, the settlement could pay eligible class members up to $5,000, depending on documented direct losses caused by the incident, the administrator reported. Additionally, all group members will be entitled to a smaller payment without needing to submit receipts. As the deadline approaches, here’s what you need to know. Who is included in the Fidelity settlement? According to court documents, Fidelity notified eligible group members about the settlement and the breach. Those affected received a unique ID and PIN from Fidelity to file a claim. Anyone who believes they were affected by the breach and should be included in the settlement but did not receive a PIN can request one by emailing info@fidelitydatasettlement.com with their full name and mailing address.
AI summary · Source: Telemundo McAllen (KTLM) →
