recent class action settlement involving Cash App and its parent company, Block Inc., pertains to data breaches and unauthorized account access incidents that occurred between August 23, 2018, and August 20, 2024. If you were a Cash App or Cash App Investing user during this period and experienced unauthorized account access, you may be eligible to receive a portion of the $15 million settlement.
Key Details:
- Eligibility:
- Must have been a Cash App or Cash App Investing user.
- Your account must have been accessed without permission.
- Unauthorized or fraudulent transactions must have occurred between stated dates.
- Potential Compensation:
- Up to $2,500 for out-of-pocket losses, with documentation required.
- Up to $75 for lost time (at $25/hour for up to three hours).
- Compensation for documented transaction losses related to unauthorized account access.
- Claim Submission:
- Online claim forms must be submitted by November 18, 2024.
- If you wish to object or opt out of settlement, you must mail in a notice by November 1, 2024.
- Payment Timeline:
- final approval hearing is scheduled for December 16, 2024, and if settlement is approved, payments will likely be made soon after.
For more detailed information or to submit a claim, visit the settlement’s official website.
