politics
Fidelity agrees to $2.5M settlement with payouts up to $5K: Do you qualify?
Key takeaways
- Fidelity, which has agreed to issue payouts of up to $5,000, is not admitting any wrongdoing in the case.
- The parties have agreed to settle the lawsuit … to avoid the costs and risks, disruptions, and uncertainties of continuing the Litigation, according to the Fidelity settlement notice.
- The largest payouts will go to those people who can document out-of-pocket losses tied to the breach.
Why this matters: political developments that affect policy direction and public trust.
The lawsuit claims that a third party was able to get into Fidelity s computer network between August 17 and 19, 2024, and access personal information that may have contained names, Social Security numbers, financial account information and driver s license information.
Fidelity, which has agreed to issue payouts of up to $5,000, is not admitting any wrongdoing in the case. Over 77,000 customers were reportedly affected by the breach.
The parties have agreed to settle the lawsuit … to avoid the costs and risks, disruptions, and uncertainties of continuing the Litigation, according to the Fidelity settlement notice.
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