Are You Eligible for Cash App’s $15 Million Settlement? Here’s How to Find Out
If you've been a Cash App user since 2018, the time is now to act and seize the opportunity to be part of a $15 million class action lawsuit settlement. Don't miss out on this chance.
The Background of the Lawsuit
In 2022, the folks behind Cash App were accused of negligence and breach of obligations to their users when a former employee gained access to user data without permission.
Repeat Data Breaches Lead to Legal Action
The same thing happened again in 2023 when another unauthorized user got in using recycled phone numbers.
As if it couldn't get any worse for Cash App, they were investigated for dropping the ball to take the necessary steps to protect users' accounts after both breach incidents.
Cash App Settles for $15 Million
Even though Cash App says they did nothing wrong, they did settle to pay the $15 million.
Here's how you qualify:
- You were a Cash App or Cash App Investing user.
- Your account was accessed without your permission.
- Your account was subject to unauthorized and fraudulent withdrawals or transfers between August 23, 2018, and August 20, 2024.
Submitting Your Claim
Submitting a claim is a straightforward process. You can quickly fill out a form online, making it convenient to take the necessary steps and claim your compensation.
If your claim is approved, you could receive a substantial compensation of $2500.
This is a significant opportunity to receive a substantial amount in compensation potentially.
At the very worst, you can submit a claim to be reimbursed for lost time of up to three hours at a rate of $25.
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Gallery Credit: Bethany Adams