Less than 30 Days to Claim Up to $2,500 from the Cash App Settlement
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Company
Cash App
Why
Data Breach
Total Settlement Amount
$15 million settlement
Maximum Individual Claimant Award
$2,500
Claim Deadline
November 18, 2024
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In a recent development, Cash App users are facing a tight deadline to claim their share of a $15 million class action lawsuit settlement. With less than a month remaining, eligible Cash App customers could receive up to $2,500 in compensation for alleged data security incidents that occurred in 2021 and 2023. This article outlines the key details of the Cash App settlement and provides information on how affected users can file their settlement claims.
Background of the Cash App Lawsuit
The Cash App class action lawsuit stems from two separate personal information breaches:
In 2021, a former employee allegedly downloaded user transaction reports without authorization.
In 2023, an unauthorized person reportedly accessed Cash App account data.
The Cash App lawsuit claims that Cash App, owned by Block Inc. (formerly Square Inc.), was negligent in handling these data security incidents and failed to adequately address customer concerns and complaint resolution.
Cash App Settlement Details
Total Settlement Amount: $15 million settlement
Maximum Individual Claimant Award: Up to $2,500
Claim Deadline: November 18, 2024
Exclusion Deadline: November 18, 2024
Objection Deadline: November 18, 2024
Eligibility Criteria for the Cash App Settlement
You may be eligible for settlement benefits if you:
Were a Cash App customer between August 23, 2018, and August 20, 2024
Had your Cash App account information accessed without consent
Suffered fraudulent withdrawals, unauthorized transfers, or transaction losses as a result of the breach
Types of Reimbursable Out-of-Pocket Expenses
Eligible Cash App customers can claim reimbursement for various expenses related to the personal information breaches, including:
Credit monitoring costs
Fees for credit reports
Expenses for canceling or replacing payment cards
Costs associated with closing and opening new bank accounts
Overdraft or late payment fees incurred due to the breach
Up to three hours of lost time compensation, paid at $25 per hour
How to File a Claim for the Cash App Settlement
To file a claim for the Cash App class action lawsuit settlement:
Visit the official class action lawsuit website: CashAppSecuritySettlement.com
Fill out the Cash App settlement claim form online free with your personal information and details of your losses
Provide any necessary documentation to support your claim submission process
Submit your Cash App settlement application before the November 18, 2024 deadline
Important Considerations for the Cash App Settlement 2023
The final Cash App settlement payout per person may vary depending on the number of valid claims submitted and legal fees
Third-party documentation is required to prove claimed amounts
The final approval hearing for the Cash App settlement 2024 is scheduled for December 16, 2024
An opt-out option is available for those who wish to be excluded from the settlement
Conclusion
With the clock ticking, Cash App users who believe they were affected by the data breaches should act quickly to learn how to get the Cash App settlement by filing their claims. While the process may require some effort in gathering documentation, the potential for a substantial payout makes it worthwhile for many users. As always, it's important to stay vigilant about payment apps security and to monitor Cash App money and financial accounts regularly for any suspicious activity.
Remember, the deadline to submit a Cash App claim is November 18, 2024. Don't miss out on your opportunity to receive compensation if you've been affected by these Cash App data breaches. For the latest CashApp news and updates on the Cash App settlement, visit the official settlement website.