The deadline for Cash App users to file a claim for the 2021 data and security breach has now passed. However, many users still have questions about the process. In this article, we will explain the settlement in detail and what you should do if you missed the deadline to file a claim.
When did the Cash App security breach occur?
The security breach occurred in December 2021, when a class action lawsuit was filed against Cash App and Block Inc. The lawsuit alleged that these companies did not take reasonable precautions to keep consumers’ information safe. The breach led to the public leak of personal information of 8.2 million current and former Cash App Investing customers.
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Additionally, a former employee gained access to Cash App users’ personal information and downloaded the data without the users’ knowledge. This put users’ personal data at risk.
How to claim the Cash App settlement?
Cash App users had until November 18, 2024, to submit their claims. Under the settlement, $15 million was to be paid to affected users. Eligible users could claim up to $2,500.
Cash App users should check their account to make sure there were no unauthorized or fraudulent withdrawals or money transfers from their account between August 23, 2018, and August 20, 2024.
How much can I get in the Cash App settlement?
Users who were eligible could claim up to $2,500. However, for this they had to provide their personal information and documents that proved that their account was involved in the breach.
Am I eligible to claim?
Cash App users had to meet the condition to claim that they opened a Cash App account before August 23, 2018, and by August 20, 2024. In addition, users must not have already received compensation from Block Inc., Cash App Investing, or any third party.
How to File a Claim for the Cash App Settlement?
Cash App users have until November 18, 2024, to submit their claim form at www.cashappsecuritysettlement.com/submit-claim to submit their complete information and documents.
What to do if I missed the deadline to file a Cash App claim?
If you missed the deadline to file a Cash App settlement claim, you don’t need to worry. The law firm Kantrowitz, Goldhammer & Grafman, which is representing the plaintiffs in this class action lawsuit, can be contacted. You can contact them at the phone number 201-897-7293 or visit their website, kgglaw.com, to learn more.
What types of claims can Cash App users file?
Cash App users had the option to make different types of claims, such as:
- Personal Out-of-Pocket Losses: If a user’s account was involved in the data breach, they could claim up to $2,500 by providing documentation.
- Lost Time: If a user spent time related to the data breach, they could claim up to three hours of time at a rate of $25 per hour.
- Transaction Losses: If a user suffered any economic loss and was not already compensated, they could claim transaction losses.
Conclusion
The Cash App class action settlement was an important opportunity to give affected users the opportunity to receive their compensation. However, if you missed this opportunity, you can still seek legal help to learn and understand your rights. Making sure you have the right documentation and information can help you with any legal proceedings in the future.
FAQs
Q. How can one claim the Cash App class action settlement
A. Users had until November 18, 2024, to submit a claim form at www.cashappsecuritysettlement.com.
Q. How much can I get under the Cash App settlement?
A. Eligible users could claim up to $2,500.
Q. When did the Cash App security breach occur?
A. The breach occurred in December 2021.
Q. Am I eligible for the Cash App settlement?
A. Users must have had a Cash App account between August 23, 2018, and August 20, 2024, and must not have previously received compensation.
Q. What is the law firm representing the Cash App class action lawsuit?
A. Kantrowitz, Goldhammer & Grafman is representing the plaintiffs in this lawsuit.
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