Final chance to score $2,500 from $15 million Cash App settlement – and all you need to do fill out a form
THERE are just two days left to claim up to $2,500 in a bumper settlement from Cash App – and all you need to do is fill out a form.
The $15million class action suit has been made against Block and Cash App Investing after several people made allegations saying the company were negligent and breached user’s trust.
One of the claims made accuses an employee of accessing account data without permission back in 2022.
Another claims an unauthorized user accessed certain Cash App accounts in 2023 after using recycled phone numbers linked to the several accounts.
The Plantiffs in the suit also allege that Block and Cash App Investing failed to crack down on the issues and didn’t implement the appropriate controls to prevent unauthorized access to accounts.
Block and Cash App Investing deny any liability or wrongdoing of any kind.
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But in order to resolve the suit quickly both parties have reached an agreed settlement deal.
It sees Block and Cash App Investing fork out $15million to the Settlement Class.
They also need to pay settlement administration costs, attorneys’ fees and costs of Class Counsel, and a Service Payment to the Class Representatives.
Applying for the settlement is also simple with citizens only needing to be a current or former customer of Cash App and, or Cash App Investing.
It also applies to any of its affiliates, parents, or subsidiaries.
They will also have needed to have their personal information, Cash App account, or Cash App Investing account accessed or obtained without permission.
American Consumers to Receive Thousands from Privacy Settlements in 2024
This includes any fraudulent withdrawals or unwanted transfers of funds.
It is noted that it only applies to people who were on Cash App between August 23, 2018 through to August 20, 2024.
People can submit claims up to $2,500 for “out-of-pocket losses” or a reimbursement of lost time of up to $75.
For those looking to submit a claim it will need to be done by November 18, 2024.
This is the final date to put in a form in order to receive cash.
The form can be found here.
You can also opt out of the suit by the same date if you mail a written notice to the Settlement Administrator.
The Court will hold a Final Approval Hearing on January 13, 2025 to determine the suit and approve any costs.
It comes as eligible Americans could be in to get up to $11,000 as part of a data breach settlement – and all they need is a bank statement.
The $2.75 million class action settlement claims Ardagh Glass failed to prevent a 2021 data breach.
Great Expressions, a network of 246 dental care centers nationwide, was sued for allegedly failing to protect consumer information from a September 2023 data breach.
They are settling over allegations that its cybersecurity measures were insufficient, allowing unauthorized access to sensitive consumer information.
The chain has not admitted wrongdoing but agreed to settle the lawsuit to resolve the claims.
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The settlement benefits those who received a notification from Great Expressions about the data breach.
Meanwhile, streaming giant Tubi – one of the most-watched services on the market – agreed to pay $19.99 million to settle a class action lawsuit.
What is a class-action settlement?
CLASS action lawsuits offer groups of people, or ‘classes,’ a way to band together in court.
These suits are often brought by one or a few people who allege a company or other entity has wronged a large group of people.
When a suit becomes a class action, it extends to all “class members,” or people who may have similar complaints to those who filed the suit.
Companies often settle class actions – offering payment to class members who typically waive their right to pursue further legal action by accepting money.
These payout agreements frequently include statements by the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.
Pollution, discrimination, or false advertising are a few examples of what can land a class action on a company’s doorstep.
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