If you were notified that your information was exposed in the April 2025 Fitzgerald Wealth Management data breach, you may be able to claim documented losses or a flat $50 cash payment.
What Is This Settlement About?
A proposed class action settlement of up to $250,000 has been reached to resolve claims arising from a data security incident at Fitzgerald Wealth Management, LLC. According to the settlement, Fitzgerald Wealth Management discovered the incident in April 2025 (around April 29, 2025), and personal information held by the company was potentially accessed by an unauthorized party.The case is captioned Rast v. Fitzgerald Wealth Management, LLC, Case No. CV2025-024424, pending in the Superior Court of Maricopa County, Arizona. Fitzgerald Wealth Management denies that it did anything wrong, and the court has not decided who is right; the company agreed to the settlement to avoid the cost and uncertainty of continued litigation. Approved claims are subject to an aggregate cap of $250,000 and may be reduced pro rata if the total of valid claims exceeds that amount.
Who Qualifies?
The settlement class includes all U.S. residents whose personal information was compromised in the April 2025 Fitzgerald Wealth Management data breach and who were sent notice of the incident. If you received a notice letter about this breach, you are likely a member of the settlement class.Standard class action exclusions apply, including the defendant, its officers and directors, the presiding judge, and any individuals who timely opt out of the settlement. If you are unsure whether you are included, the official settlement website is the best place to confirm your status using the identifier from your notice.
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How Much Can You Get?
Eligible class members can choose between two paths. The first is reimbursement for documented losses fairly traceable to the data breach, made up of three components: up to $400 for Ordinary Losses (documented out-of-pocket expenses such as credit-report, credit-monitoring, or credit-freeze fees, the cost to replace IDs, and postage), up to $3,500 for Extraordinary Losses (money actually lost to identity theft or fraud), and up to $80 for Lost Time (up to four hours at $20 per hour spent dealing with the incident) — a combined maximum of up to $3,980. These losses must have been incurred between April 29, 2025 and August 4, 2026, and must be supported by documentation that is not self-prepared.As an alternative, class members who do not wish to submit loss documentation can instead elect a flat $50 Alternative Cash Payment, which the notice states requires no proof or explanation. Each class member chooses either the documented-loss path or the $50 cash alternative — not both.
In addition to the cash benefit, all class members may enroll in two years of CyEx Financial Shield Complete, which includes one-bureau credit monitoring and financial fraud insurance. Final payment amounts may be adjusted on a pro rata basis depending on the number of valid claims submitted and the funds available.
How to File a Claim
The fastest way to file is online through the official settlement website at FWM Data Settlement.com. You can also download a printable claim form from the website and mail it to the settlement administrator; a mailed claim form must be postmarked by the deadline.If you are claiming documented-loss reimbursement, you must attach supporting documentation such as receipts, bank or credit card statements, or other records showing the losses you incurred. If you are electing the $50 Alternative Cash Payment, no documentation is required. Be sure to indicate your preferred payment method when prompted.
Important Deadlines
The deadline to file a claim is August 4, 2026 — online submissions and mailed claim forms must be in or postmarked by that date. Documented losses must have been incurred between April 29, 2025 and August 4, 2026 to be reimbursable. The deadline to opt out of (exclude yourself from) or object to the settlement is July 6, 2026. The court will hold the final approval hearing on July 10, 2026 at 11:00 a.m. Mountain Time at the Superior Court of Maricopa County in Phoenix, Arizona; the date may change, so check the official settlement website for updates. Payments are issued only after the court grants final approval and any appeals are resolved.Beware of Scams
Be cautious of anyone who contacts you unexpectedly about this settlement and asks for your Social Security number, banking details, or a fee to "release" your benefit. The settlement administrator will not call, text, or email you out of the blue demanding payment or sensitive information. File only through the official settlement website, and verify any communication against that site before acting on it. For broader context on active data breach settlements you may also qualify for, see our roundup of active data breach settlements.Frequently Asked Questions
Who is eligible for the Fitzgerald Wealth Management data breach settlement?
The settlement class includes all U.S. residents whose personal information was compromised in the April 2025 Fitzgerald Wealth Management data breach and who were sent notice of the incident. If you received a notice, you are likely a class member.
How much can I get from the Fitzgerald Wealth Management settlement?
Class members can choose documented out-of-pocket loss reimbursement of up to $3,500 for extraordinary losses plus up to $400 for ordinary losses (up to $3,980 total), or instead elect a $50 cash payment with no documentation. All class members may also enroll in two years of CyEx Financial Shield Complete credit monitoring. Payment amounts may be adjusted pro rata based on the number of valid claims and the available fund.
Do I need proof to file a claim?
No documentation is required for the $50 Alternative Cash Payment — the notice states it can be claimed without providing any proof or explanation. Documentation is required only if you claim reimbursement for Ordinary Losses (up to $400), Extraordinary Losses (up to $3,500), or Lost Time (up to $80), which must be supported by receipts or other records that are not self-prepared, for losses incurred between April 29, 2025 and August 4, 2026.
What is the deadline to file a claim?
The claim deadline is August 4, 2026. Claims must be submitted online or by mail through the official settlement website by that date.
How do I know if I am a class member?
Fitzgerald Wealth Management's records identify class members, and many received a notice directly from the company or the settlement administrator. If you believe you are a class member but did not receive a notice, you can confirm your status using the contact options on the official settlement website. Do not share sensitive information with anyone who contacts you unsolicited about this settlement.
Official Settlement Notice
Sources
- Official Settlement Website — FWM Data Settlement.com
- Notice of Proposed Class Action Settlement (PDF) — Rast v. Fitzgerald Wealth Management, LLC, No. CV2025-024424 (Super. Ct. Maricopa County, Ariz.)
