Here are the most recent class-action headlines involving Fidelity that I can find right now, plus what they generally mean for affected people:
1) Fidelity “data breach” class action (2024 incident)
A court-approved settlement was reported as $2.5 million, tied to an August 2024 data breach/cybersecurity incident. Eligible class members may receive cash (up to $5,000 for documented losses) and credit monitoring/identity-theft related protections, and the settlement includes a claim process with deadlines that appear to run through July 27, 2026 (per the reporting I’m seeing).[3]
2) Fidelity 401(k) “plan fees / self-dealing” style class actions (older, but still recurring)
There have also been major earlier class-action developments involving Fidelity’s retirement/401(k) plan investments and fees, including a settlement reported at $28.5 million for a class 401(k) challenge alleging improper use of Fidelity-affiliated investments.[1]
(While this is not “latest,” it’s one of the most prominent recent milestones for the 401(k) litigation thread.)
Quick question (so I can pull the right “latest” item)
When you say “Fidelity class action lawsuit”, do you mean:
- the 2024 data breach settlement, or
- the 401(k)/retirement-fees lawsuits, or
- something else (e.g., “Fidelity National” lawsuits, “Fidelity brokerage,” etc.)?
If you tell me which one (and your country/state if relevant), I can narrow to the newest specific filings, rulings, or settlement updates.