Fitzgerald Wealth Management Data Breach Settlement

Danielle Toth

Editor

Published

May 8, 2026 4:18 PM

Updated

May 8, 2026

Who can file a claim?

Class members must meet the following criteria:

They resided in the United States at the time of the data incident.
The April 2025 data incident Fitzgerald Wealth Management LLC data breach compromised their personal information.

Those who received a notice from the company or settlement administrator are likely class members.

How much can class members get?

The available benefits include:

Ordinary losses: Class members who incurred out-of-pocket expenses (such as fees for credit reports, credit monitoring, freezing/unfreezing credit or replacing IDs, or postage to contact banks) can claim up to $400. They must provide documentation, such as receipts or non-self-prepared records. The losses must have occurred between April 29, 2025, and Aug. 4, 2026.
Extraordinary losses: Class members who suffered losses due to identity theft or fraud the data incident likely caused can claim up to $3,500. They must show the breach most likely caused the theft or fraud and that they tried to recover their losses. The losses must have occurred between April 29, 2025, and Aug. 4, 2026.
Lost time: Class members who spent time dealing with the aftermath of the data incident (such as changing passwords, investigating suspicious activity or researching the incident) can claim up to four hours at $20 per hour (maximum $80). They must briefly describe how they spent this time.
Alternative cash payment: Class members who do not or cannot claim any of the above benefits can opt for a one-time $50 cash payment that requires no documentation.
Credit monitoring: All class members can enroll in two years of CyEx Financial Shield. This service provides monitoring for identity theft and unauthorized transactions and includes $1 million in insurance. No documentation is necessary to claim this benefit.

All approved claims for ordinary losses, extraordinary losses, lost time or the alternative cash payment are subject to an aggregate cap of $250,000. If the total amount of approved claims exceeds this amount, the settlement administrator will reduce payments proportionally (pro rata) so the total does not exceed $250,000.

How to claim a class action payment

Class members can file a claim online or download, print and complete a PDF claim form and mail or email it to the settlement administrator.

Settlement administrator's mailing address: FWM Data Incident Settlement, c/o Settlement Administrator, P.O. Box 25226, Santa Ana, CA 92799

Settlement administrator's emailing address: info@FWMDataSettlement.com

The claim deadline is Aug. 4, 2026.

What proof or documentation is necessary to submit a claim?

To claim ordinary losses, class members must provide documentation (receipts or non-self-prepared records).
To claim extraordinary losses, class members must provide documentation (receipts or non-self-prepared records plus evidence the data incident caused the loss).
To claim lost time, class members must provide a brief description of the time spent.
To claim credit monitoring or the alternative cash payment, class members do not need to provide documentation. They only need to select the appropriate option.

Payout options

PayPal (provide email address)
Venmo (provide mobile number)
Zelle (provide email or mobile number)
Physical check (provide mailing address)

Settlement fund breakdown

The settlement fund covers:

Settlement administration costs: To be determined
Attorneys' fees and costs: Up to $125,000
Service award to class representative: Up to $2,500
Credit monitoring costs: Determined by number of valid claims for this option
Payments to eligible class members: Up to $250,000

Important dates

Opt-out deadline: July 6, 2026
Final approval hearing: July 10, 2026
Claim deadline: Aug. 4, 2026

When is the Fitzgerald Wealth Management data breach settlement payout date?

The settlement administrator will issue payments to eligible class members after the court resolves any appeals and grants final approval to the settlement and the administrator receives the funds.

Why is there a class action settlement?

The class action lawsuit alleged Fitzgerald Wealth Management LLC experienced a data incident in April 2025 during which unauthorized parties accessed files containing personal information. The plaintiff claimed the company failed to adequately protect personal information.

Fitzgerald Wealth Management LLC denies any wrongdoing, but both sides agreed to settle to avoid the risks, costs and disruptions of ongoing litigation.