You have two weeks to claim your share of the $15 million cash app. Here’s how

A major player in online payment systems, Cash App since June has 57 million active accounts. However, a legal settlement that will be finalized soon could result in a large payout to some of these users, potentially up to $2,500 for each affected customer.

The class action lawsuit alleges Cash App and its parent company Block were negligent when a former Cash App Investing employee accessed account information without authorization in 2022 and when another user accessed certain Cash App accounts in 2023, using recycled phone numbers associated with the accounts.

If you have used Cash App within the last six years and have experienced a transfer of unauthorized funds, or if your personal information or Cash App account has been accessed without your permission, you may be eligible to file a claim. But you have to act quickly.

Here’s what you need to know about the Cash App settlement, including how to file a claim, what we know about the expected payout dates, and when to file a claim. To learn more, learn how to protect your Cash App’s personal and financial information, as well as everything we know about the National Public Records Breach.

Who is eligible for a share of the Cash App settlement?

You are eligible to make a claim if you meet one of the following criteria between August 23, 2018 and August 20, 2024, according to the settlement place:

• You are a current or former customer of Cash App or Cash App Investing and your personal information, your Cash App account or your Cash App Investing account has been accessed or obtained without your consent.
• You have had unauthorized or fraudulent withdrawals or money transfers to or from your account.
• You had a failure to resolve an error in a Cash App account or an associated financial account.

What is my deadline for filing a Cash App settlement claim?

If you are eligible for a Cash App payout, you must quickly submit a claim form by 10:59:59 PM PT on November 18, 2024.

That means submit your claim online or send by post postmarked on that date.

If you have claims involving multiple Cash App accounts, please include all your claim information on one claim form.

Here is the address if you are submitting by mail:

Cash App Settlement
Attn: Claim form submissions
1650 Arch Street, Suite 2210
Philadelphia, PA 19103

The deadline to exclude yourself from the settlement or appeal the settlement was November 1, 2024.

How much money can I receive in the Cash App settlement?

You can claim up to $2,500 per person for out-of-pocket losses and $25 per hour for compensation for lost time up to 3 hours if you qualify to participate in the proposed $15 million settlement. Out-of-pocket losses include costs associated with credit monitoring.

You can also file a claim for documented transaction losses. To claim an out-of-pocket loss or a transaction loss, you must provide third-party documentation.

When is the Cash App payout date?

A final approval hearing for the Cash App settlement is scheduled for December 16, 2024 at 9:30 a.m. PT. If approved, payments would be made after that date.

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