Cash App users have a week left to claim part of a $15 million settlement
Current or former Cash App users who have used the service since 2018 have until next week to claim part of a $15 million settlement that Cash App Investing (and owner Block Inc.) reached as part of a class action lawsuit, The Hill reports. The lawsuit alleged that the companies were negligent in responding to their customers after a former employee had accessed user accounts without permission.
You’re eligible to claim in the settlement if your account was accessed without your permission or if you have had unauthorized or fraudulent withdrawals or transfers of funds in your account. The eligibility window is August 23rd, 2018, through the notice date of August 20th, 2024.
You can file a claim via the settlement notice website for up to $2,500 “for reimbursement of out-of-pocket losses, lost time, and\or transaction losses,” according to the settlement agreement document. You need to submit the claim no later than November 18th, 2024. You’ll also have to provide third-party documentation that supports your claim. The settlement does not specify a timetable for when to expect payouts.
You can also exclude yourself from the settlement by the deadline, allowing you to retain your right to sue Block or be part of a future lawsuit related to the claims in this class action.
The settlement website lists that Block and Cash App Investments “made misrepresentations, and breached other obligations to their users” for:
(1) a data security incident that Cash App Investing disclosed in April 2022
(2) a data security incident that Block disclosed in October 2023
(3) alleged unauthorized, and fraudulent withdrawals and transfers of funds to or from, and complaint and error resolution processes associated with, Cash App accounts and linked accounts.
Current or former Cash App users who have used the service since 2018 have until next week to claim part of a $15 million settlement that Cash App Investing (and owner Block Inc.) reached as part of a class action lawsuit, The Hill reports. The lawsuit alleged that the companies…
Recent Posts
- The Touch Bar is back, sort of…and it looks terrible
- Stellantis and Samsung to get $7.54 billion federal loan for two EV battery factories
- Animal Crossing: Pocket Camp is much better without microtransactions
- Apple employee sues company for allegedly spying on personal worker devices
- Nintendo Switch Online will get the NES version of Tetris next week
Archives
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- September 2018
- October 2017
- December 2011