Cash App Class Action Settlement: Claim Up to $2,500 for Security Breaches

Cash App Class-Action Settlement Overview

Cash App users may claim up to $2,500 due to security breaches. The settlement comes from allegations that the app’s owner, Block, did not adequately protect user data.

Background of the Issue

In a lawsuit filed in February, users reported two significant data breaches. In 2022, a former employee accessed user account details without authorization. In 2023, unauthorized individuals used recycled phone numbers to access accounts. The lawsuit suggests Block failed to implement proper security measures and address reports of fraudulent activities on the app.

Settlement Details

The proposed settlement amount is $15 million. Cash App and Block deny any wrongdoing.

Eligibility for Claims

Users eligible to file a claim must have had unauthorized account access or experienced fraudulent withdrawals or transfers. Your Cash App account must have been active between August 23, 2018, and August 20, 2024.

Claim Filing Process

You can file your claim on the Cash App settlement website. If you have a notice ID and confirmation code from any notice, enter that information. Even without a notice, you can still file a claim.

Deadline for Claims

The deadline to file a claim is November 18, 2024, at 10:59:59 p.m. PT.

Potential Claim Amounts

Claimants can request up to $2,500. The final amount depends on how many people file claims. Documentation is necessary to prove any out-of-pocket losses.