close
close

Apre-salomemanzo

Breaking: Beyond Headlines!

Class Action Lawsuit: Cash App Users Have 5 Days to Claim Up to ,500 in  Million Settlement
aecifo

Class Action Lawsuit: Cash App Users Have 5 Days to Claim Up to $2,500 in $15 Million Settlement

Cash App was ordered to pay 15 million dollars for app users who faced a security breach leading to the disclosure of the personal data of millions of users.

Users can receive up to $2,500 for unauthorized or fraudulent activity on their Cash App accounts between August 23, 2018 and August 20, 2024. Users who have already been reimbursed by Block, Cash App Investing or a third party will not are not eligible. .

The breach occurred when a former Cash App employee downloaded users’ personal information without their knowledge.

The December 2021 data breach resulted in “the unauthorized public disclosure of the personally identifiable information of 8.2 million current and former Cash App Investing customers,” according to the lawsuit.

The plaintiffs sued Cash App Investing and Block, claiming the companies failed to “exercise reasonable care in securing and protecting consumer information.”

Users can submit a claim for personal losses, lost time and transaction losses.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

For lost time, a user can submit a claim for up to three hours at a rate of $25 per hour for time spent processing the data breach. In case of direct loss, a user must prove that their account was involved in the data breach, and in case of transaction loss, a user must prove that they lost money and did not not been refunded.

Users only need to submit one complaint. Users with multiple accounts must list them on a single form.