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Fidelity Settles Class Action for $2.5 Million Over Data Breach Claims

KTSMJeremy Tanner
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AI Summary

Fidelity Investments has reached a $2.5 million settlement in a class action lawsuit related to a data breach that occurred in 2024. This settlement is significant as it addresses the concerns of affected customers who may be eligible for payouts of up to $5,000. The agreement aims to compensate individuals whose personal information was compromised during the breach. Those impacted should check their eligibility for compensation and follow the necessary steps to claim their share of the settlement.

Key Details: • Settlement amount: $2.5 million • Potential payouts of up to $5,000 for affected individuals • Affected customers should verify their eligibility for compensation

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