FinWise data-breach settlement: objection deadline passed Sept. 29, claims due Oct. 29
The FinWise exclusion and objection deadline passed Sept. 29, and the notice and court order gave conflicting objection instructions. Claims are due Oct. 29, and a final approval hearing is set for Dec. 10, 2026.
The settlement concerns alleged exposure of personal information in a May 31, 2024 incident. The official notice says the court has not decided whether the allegations are true; FinWise and the other defendants deny wrongdoing and liability. FinWise Bancorp said in its second-quarter filing that it expected the settlement and related fees and expenses to be covered by cyber insurance. The September 29 exclusion and objection deadline has passed; claims remain due October 29, and the court has scheduled a final approval hearing for December 10, 2026. Final approval and any eventual payment remain unresolved.
The settlement is only preliminarily approved. The allegations have not been adjudicated, defendants deny liability, and the insurer coverage statement is FinWise Bancorp’s expectation rather than a confirmed payment. Clarification added September 29, 2026: paragraph 18 of the July 1 order and the notice/FAQ give different objection procedures.
Sources
- FinWise Data Settlement — official notice finwisedatasettlement.com
- Settlement FAQ finwisedatasettlement.com
- FinWise Bancorp second-quarter 2026 filing investors.finwisebancorp.com
- July 1 preliminary approval order — paragraphs 17–18 finwisedatasettlement.com
- Official long-form notice — objection instructions finwisedatasettlement.com
Reporting by The Utah Ledger from the public records above. AI-assisted; paragraphs link to their sources.