Finastra Data Breach Class Action Settlement
Finastra Data Breach Class Action Settlement
Finastra Technology, Inc. agreed to a $3,125,000 settlement over a targeted cyberattack on its computer systems in October 2024. People who were sent notice that their information may have been impacted can claim reimbursement of up to $2,500 in documented losses or a pro rata cash payment instead, plus one year of credit monitoring. The claim deadline is November 27, 2026.
Settlement fund
$3.125M
Common settlement fund
Top payout
Up to $2,500
Documented losses, or pro rata cash
Claim deadline
Nov 27, 2026
60 days remaining
You may be owed money
Filing is free and takes a few minutes. Deadline: Nov 27, 2026.
Do you qualify?
You are a Class Member if ALL of the following apply:
- You are a living individual residing in the United States.
- You were sent notice by Finastra that your Private Information may have been impacted in the October 2024 Data Incident.
- The pro rata cash payment requires no documentation. Documented loss claims require proof.
- Excluded: Finastra's directors, officers, and agents and those of its affiliates, governmental entities, the assigned judge and court staff, and anyone who opts out by November 13, 2026.
Not sure if you qualify? Call the Settlement Administrator at (866) 719-4418, or visit FinastraDataSettlement.com.
What happened
The lawsuit concerns a targeted cyberattack on Finastra's computer systems in October 2024 (the "Data Incident"), in which certain files that contained private information were accessed. According to the settlement website, those files may have contained names, dates of birth, Social Security numbers, and financial account numbers. The Settlement Class includes people in the United States who were sent notice by Finastra that their Private Information may have been impacted.
Finastra denies that it did anything wrong, and the Court has not decided who is right. The parties agreed to settle to avoid the cost, risk, and delay of continued litigation. The $3,125,000 fund first pays court-approved attorneys' fees and costs, service awards, and administration costs, and the remainder pays settlement benefits.
How to file a claim
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1. Confirm you are eligible
You qualify if you live in the United States and Finastra sent you notice that your Private Information may have been impacted in the October 2024 Data Incident. If you are unsure, call the Settlement Administrator at (866) 719-4418.
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2. Choose your benefits
You can claim reimbursement of documented out-of-pocket losses up to $2,500 incurred between October 31, 2024 and November 27, 2026, such as identity theft costs, credit monitoring fees, ID replacement, and postage. Proof is required. Instead of documented losses, you can claim a one-time pro rata cash payment, which is an equal share of the money left after fees, costs, service awards, administration, and other benefits, with no documentation required. All class members may also claim one year of CyEx Financial Shield Complete credit monitoring with $1 million in financial fraud insurance.
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3. File online or by mail
Submit the Claim Form online at the settlement claim portal by November 27, 2026. The online form asks for the LoginID and PIN printed on the notice you received. You can also download a paper Claim Form from the settlement website and mail it, postmarked by November 27, 2026, to Finastra Data Incident Settlement, P.O. Box 25226, Santa Ana, CA 92799-9958. Notice documents and the Settlement Agreement are posted at FinastraDataSettlement.com.
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4. Receive your payment
Payments are issued after the Court grants final approval at the December 14, 2026 Final Approval Hearing and any appeals are resolved. No follow-up is required once your claim is submitted.
Key dates
- Nov 13, 2026 Opt-out & objection deadline Upcoming
- Nov 27, 2026 Claim filing deadline Upcoming
- Dec 14, 2026 Final Fairness Hearing (10:00 a.m. ET) Upcoming
- TBD after final approval Payments issued to claimants Pending
The Final Approval Hearing is scheduled for December 14, 2026 at 10:00 a.m. ET by Zoom (Meeting ID 111 475 745). The Court will also consider Class Counsel's request for attorneys' fees and costs of $1,182,000 and service awards of $2,500 for each of the four Class Representatives. Opt-outs and objections are due November 13, 2026, and claims are due November 27, 2026. The Court may move the hearing, so check FinastraDataSettlement.com for updates.
Where the money is going
Finastra will pay $3,125,000 into a Settlement Fund. Court-approved attorneys' fees and costs, service awards, and administration costs are paid first. The net remaining money pays credit monitoring, documented loss reimbursements, and pro rata cash payments, which are equal shares of what remains.
All amounts listed above are pending and subject to final court approval at the Final Approval Hearing. The Court may award less than the amounts requested. The pro rata cash payment amount is not fixed and depends on the number of valid claims.
Common questions
How much money will I receive?
You can claim reimbursement of documented losses up to $2,500, or instead a one-time pro rata cash payment, which is an equal share of what remains in the $3,125,000 fund after fees, costs, service awards, administration, and other benefits. The pro rata amount is not yet known. All class members can also claim one year of credit monitoring.
Do I need to submit proof of purchase?
Not for the pro rata cash payment or credit monitoring. Reimbursement of documented losses requires proof, such as receipts or account statements, showing out-of-pocket losses related to the Data Incident.
What if I didn’t receive a notice?
The Settlement Class is limited to people who were sent notice by Finastra. The online Claim Form asks for the LoginID and PIN printed on that notice. If you cannot find your notice or LoginID and PIN, contact the Settlement Administrator at (866) 719-4418 or info@FinastraDataSettlement.com before the November 27, 2026 deadline.
Does staying in the class affect my right to sue later?
If you stay in the settlement, you give up the right to sue Finastra over the claims released by this settlement, whether or not you file a claim. To keep those rights, you must opt out by November 13, 2026.
When will payments be sent out?
Payments come after the Court grants final approval at the December 14, 2026 Final Approval Hearing and after any appeals are resolved. An appeal can add a year or more to that timeline.
Dapeer Law, P.A.
Consumer class action attorneys based in South Florida. We track settlements so you don’t have to.
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This page is for informational purposes only and does not constitute legal advice. Dapeer Law, P.A. is not the administrator of this settlement and is not affiliated with Finastra Technology, Inc., Simpluris (the Settlement Administrator), or Class Counsel Jeff Ostrow of Kopelowitz Ostrow P.A. and Mariya Weeks of Milberg PLLC. The case is Hughes, et al. v. Finastra Technology, Inc., Case No. CACE26013154, pending in the Circuit Court for Broward County, Florida before the presiding judge. Class representatives are Tina Parsley Hughes, Baitul Javid, Benjamin Meredith, and Robert Murray. Finastra denies wrongdoing. This website is attorney advertising. Past results do not guarantee future outcomes.