If you’ve been a user of Cash App between August 23, 2018, and August 20, 2024, there’s an important opportunity you shouldn’t miss. Due to a class-action lawsuit settlement, you might be eligible to claim up to $2,500. But act quickly—the deadline to submit your claim is November 18, 2024.
What Led to the Settlement?
In December 2021, a former employee accessed sensitive customer information without permission, affecting approximately 8.2 million users. Another incident in 2023 involved unauthorized access to accounts through recycled phone numbers linked to previous users. These breaches raised concerns about Cash App’s data security practices.
Who Can File a Claim?
You’re eligible if, during the specified period, you experienced:
- Unauthorized access to your Cash App or Cash App Investing account.
- Fraudulent withdrawals or transfers.
- Issues with error resolution in your Cash App or linked financial accounts.
How Much Can You Receive?
Eligible users can claim:
| Compensation Type | Amount |
|---|---|
| Out-of-pocket losses (e.g., credit monitoring, identity theft insurance) | Up to $2,500 |
| Lost time compensation | $25 per hour (up to 3 hours) |
How to Submit Your Claim
To file a claim:
- Visit the official settlement website.
- Complete the online claim form. If you received a notice, use the provided Notice ID and Confirmation Code. If not, you can still submit a claim by providing the necessary information.
- Attach supporting documents, such as communications with Cash App, receipts, or police reports, to substantiate your claim.
Important Dates to Remember
| Event | Deadline |
|---|---|
| Claim Submission Deadline | November 18, 2024, by 10:59:59 p.m. PT |
| Final Approval Hearing | December 16, 2024, at 9:30 a.m. PT |
Conclusion
For the latest updates and detailed information, regularly check the official settlement website. If you have questions or need assistance, contact the Settlement Administrator through the website’s provided channels.
Taking action now ensures you don’t miss out on potential compensation due to these data breaches. Protect your rights and claim what’s due before the deadline passes.
FAQs
What is the Cash App settlement about?
It’s a $15 million settlement addressing data breaches that compromised user information between 2018 and 2024.
Who qualifies for a claim?
Users who experienced unauthorized account access, fraudulent transactions, or error resolution issues during the specified period.
How much compensation can I receive?
Up to $2,500 for documented losses and $25 per hour for up to three hours of lost time.
What documents are needed for the claim?
Evidence like communications with Cash App, receipts, or police reports supporting your claim.
Where can I submit my claim?
On the official settlement website.