Claim Your Share: Cash App Users Can Receive Up to $2,500 from Data Breach Settlement
According to The Sun, Users of the popular online payment service Cash App can claim more than $2,500 as part of a $15 million class action settlement related to significant data and security breaches. The deadline to submit a claim is quickly approaching, with a cutoff date of November 18, 2024. Customers are encouraged to fill out an online form to access their potential payout.
Eligibility for Claims
Cash App, which boasts around 56 million transacting users, allows individuals to submit a claim if they experienced fraudulent withdrawals or transfers while holding an account between August 23, 2018, and August 20, 2024.
Allegations Against Cash App
The class action lawsuit accused Cash App and its parent company, Block (formerly known as Square), of failing to take adequate measures to prevent unauthorized access and protect customer data. Plaintiffs also claimed that the company mishandled customer complaints regarding security breaches and fraudulent activities.
Company’s Response
While Block denied any wrongdoing, it opted to settle to avoid further litigation costs, leading to the establishment of this settlement fund.
Claiming Your Money
Customers can claim reimbursement for losses related to identity theft, credit tracking, and any associated fees. Additionally, users can be reimbursed for time lost dealing with the incident, with a potential payout of up to $65. Claims can also be filed for any losses incurred from unauthorized account access.
Important Deadline
The deadline to file a claim for this settlement is November 18, 2024. More information can be found on the settlement website for those eligible.
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Other Recent Class Action Settlements
This settlement follows a trend of class action lawsuits related to privacy breaches. For instance, streaming giant Tubi recently agreed to pay nearly $20 million to settle a class action lawsuit alleging that it shared users’ personal information with third parties without consent, violating the Video Privacy Protection Act. Class members must submit a valid claim form by November 28 to receive benefits from the Tubi settlement.
Additionally, Clif Bar & Company faces a class action lawsuit for allegedly misleading customers regarding the healthiness of its products. The lawsuit claims that marketing the protein bars as “nutrition for sustained energy” obscures the significant amount of sugar they contain. Customers who purchased Original Clif Bars or Clif Kid ZBars in California or New York between April 2014 and March 2023 may be eligible for a payout.
