$250K Fitzgerald Wealth Management Settlement Ends Class Action Lawsuit Over April 2025 Data Breach

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Fitzgerald Wealth Management, LLC has agreed to a settlement of up to $250,000 to resolve a class action lawsuit that alleged the financial services firm failed to protect sensitive information in its system from an April 2025 data breach.

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The $250,000 Fitzgerald Wealth Management class action settlement received preliminary approval from the court on April 6, 2026. The deal covers all United States residents whose personal information was compromised in the data breach discovered by Fitzgerald Wealth Management in April 2025.

The court-approved website for the Fitzgerald Wealth Management (FWM) data breach settlement can be found at FWMDataSettlement.com.

Fitzgerald Wealth Management settlement class members who file a valid, timely claim form can receive up to $3,500 for “extraordinary” losses incurred between April 29, 2025 and August 4, 2026 due to the data breach. Class members must submit proof, such as receipts, to receive an extraordinary-loss payment.

Losses covered by this benefit include expenses related to identity theft or fraud stemming from the data breach.

Class members can also file a claim form to receive up to $400 for “ordinary” losses incurred between April 29, 2025 and August 4, 2026 due to the Fitzgerald Wealth Management data breach. This benefit covers the costs of credit reports, credit monitoring services, freezing or unfreezing credit, replacement IDs, and miscellaneous expenses, such as postage and notary fees.

Class members must submit proof, such as receipts, to obtain an ordinary-loss payment.

In addition to an extraordinary- and/or ordinary-loss payment, class members can also claim four hours of lost time spent responding to the breach, at a rate of $20 per hour.

In the alternative to the aforementioned settlement benefits, class members can instead file a claim form to receive a $50 cash payment, with no proof required.

Payments to class members may be subject to a pro rata reduction if the total amount of valid claims exceeds the aggregate $250,000 settlement cap.

In addition to monetary benefits, all class members can file a claim form to receive an enrollment code for two years of CyEx Financial Shield Complete, which includes one-bureau credit monitoring and financial fraud insurance.

To file a Fitzgerald Wealth Management settlement claim form online, class members can head to this page and enter the login ID and PIN found on their copy of the settlement notice. Alternatively, class members can download a PDF of the claim form to print, fill out and return by mail to the settlement administrator.

All Fitzgerald Wealth Management settlement claim forms must be submitted online or by mail by August 4, 2026.

The court will determine whether to grant final approval to the Fitzgerald Wealth Management data breach settlement following a hearing on July 10, 2026. Compensation will begin to be distributed to class members only after final approval is granted and any appeals are resolved.

The Fitzgerald Wealth Management class action lawsuit alleged that the Arizona-based financial planning and investment services company failed to implement proper cybersecurity safeguards to protect the sensitive information in its care, which led to a data breach on or around April 29, 2025. Per court documents, private information that may have been exposed in the breach included full names and Social Security numbers.

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