Cash App Class Action Settlement: Payment Date, Claim $2500 Before This Day: Please consider reading this post to get all the recent updated information on Cash App Class Action Settlement: Payment Date, Claim $2500 Before This Day.
Cash App Class Action Settlement
A $15 million settlement pertaining to claims of insufficient security measures was made available to Cash App users in November 2024. Users might submit a claim for the settlement until November 18, 2024.
The complaint claimed that in 2022, when a former employee obtained account data without authorization, Cash App Investing and its parent firm Block, Inc. were negligent and had violated their duties to users. The Cash App website stated that eligible customers might file a claim for up to $2,500.
If you are a Canadian and wish to know about Cash App Class Action Settlement, its payment amount, date, eligibility and other details then you should read this post till the end.
What is Cash App Class Action?
The Cash App Class Action, which was filed in California in December 2021, claims that a data breach led to the unapproved public disclosure of 8.2 million Cash App Investing clients’ personally identifiable information.
According to the complaint, a former employee also downloaded the data without the individuals’ knowledge after gaining access to their personal information when they were employed at Cash App. When “an unauthorized user” used recycled phone numbers connected to some Cash App accounts to access those accounts in 2023, Block was reportedly once more at fault.
Following these cases, Block and Cash App Investing were also charged with not “adequately resolving customer complaints regarding unauthorized or fraudulent transactions” and failing to take the appropriate precautions to safeguard accounts.
Cash App Class Action Settlement Overview
| Post Rubric | Cash App Class Action Settlement |
| Country | Canada |
| Class Action Accused | Cash App and Block Inc |
| Cash App Class Action Settlement Amount | $15.6 million |
| Payment Date | Not fixed yet. |
| More Specifications | Read Here |
Cash App Class Action Payment Date
In its November 7, 2024, order, the Court postponed the final hearing until January 13, 2025, and extended other deadlines. The business will provide the payment schedule confirmation when the settlement is authorized at the final hearing.
You can anticipate receiving payment nine to twelve months following the final hearing, in our opinion. Using their assigned phone number (1-866-615-9740) or address, claimants can get in touch with the Cash App Security Settlement Administrator for more help or information on the settlement.
Claim $2500 Before This Day
A claim under the Cash App Class Action Settlement may be submitted up to 10:59:59 p.m. PT on November 18, 2024. This date is the deadline for eligible class members to complete an online claim form in order to receive benefits from the settlement.
Under the proposed $15 million settlement, you might get up to $2,500 per person for out-of-pocket expenses and $25 per hour for compensation of missed time up to three hours. You can reach Cash App’s legal representative, Kantrowitz, Goldhamer & Graifman, at kgglaw.com or 201-897-7293, if you missed the deadline.
Cash App Payment Eligibility
You are considered a member of the Settlement Class if
- You have to be an existing or past client of Cash App, Cash App Investing, its parents, subsidiaries, or affiliates.
- A claim may only be submitted if you had an account on August 23, 2018, and before August 20, 2024.
- You had money sent to or taken out of your account fraudulently or without authorization.
- Unauthorized access was made to your Cash App account, Cash App investing account, or personal information.
Users of the Cash App should verify whether they have any illegal or unauthorized withdrawals or transfers of the funds from their Cash App account between August 23, 2018, and August 20, 2024, according to the Cashmobile payment service.
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