Cash App users who have used the service since 2018 now have a chance to claim part of a $15 million settlement. This opportunity comes from a class action lawsuit against Cash App Investing and its parent company, Block Inc. Users have until November 18th to submit their claims for up to $2,500. This money can cover out-of-pocket losses, lost time, or transaction issues.
You might be eligible if your account was accessed without permission or if there were unauthorized withdrawals. These incidents should have happened between August 23, 2018, and August 20, 2024. The lawsuit claims that Cash App and Block neglected their security measures, allowing a former employee to access user accounts without consent.
To file a claim, visit the settlement notice website. It guides you through the steps to receive compensation. The website explains that Cash App and Block faced issues due to data security incidents reported in April 2022 and October 2023. For more details, you can explore the official settlement documents.
If you prefer not to join the settlement, you can exclude yourself. Doing so preserves your right to sue Block or join future lawsuits related to these claims. This option might be worth considering if you’re seeking further legal action.
For those affected, this settlement offers a chance to get reimbursed for any financial losses or inconveniences. Make sure to act before the deadline to secure your share. More information can be found on the settlement notice website, where you can start your claim process today.
