Cash App is paying $2,500 ― Just follow these instructions to qualify – Coaches Database
All thanks to a class action settlement, millions of Cash App users could possibly receive up to $2,500 due to a class action settlement stemming from a series of data breaches and unauthorized transactions. The main qualifying criterion is for Cash App users to have used either Cash App or Cash App Investing between August 23, 2018, and August 20, 2024. However, the catch is that all Cash App users would need to have submitted their claims by November 18, 2024, in order to qualify for compensation. The final approval hearing took place on January 13, 2025, which means that all payments should be disbursed by late 2025, making it the perfect time to understand more about this class action settlement.
This particular lawsuit entitled Salinas et al. v. Block, Inc. and Cash App Investing, LLC, was filed due to several data security incidents involving unauthorized access to user accounts and private information. It was alleged that Block and Cash App were negligent and failed to safeguard sensitive user data correctly resulting in fraudulent withdrawals, data breaches, and compromised accounts.
While both companies continue denying wrongdoing, the companies agreed to a $15 million settlement to resolve all claims. Depending on the type and extent of losses experienced, eligible users who filed a valid claim form before the November 18, 2024, deadline will receive a payout.
Citizens who wish to understand who qualifies for the Cash App settlement should see if they meet the following criteria of:
Citizens who meet the respective qualifying characteristics could receive one of the following payment options:
The T-Mobile data breach settlement is yet another settlement that experienced payout delays, and citizens can expect possible payment delays for the Cash App settlement as well.
Since the final approval hearing took place on January 13, 2025, actual payments should start to be paid out soon as it generally takes several months due to claim verification and appeals.
According to the estimated Cash App Security Settlement timeline payout will begin mid to late 2025 depending on appeals and administrative processing. However, by the end of 2025 most claimants should expect to receive payments. Some payment delays are to be expected due to a variety of factors.
Payment of this settlement claim is said to go out soon, however, payment could be delayed due to:
Citizens who filed a valid claim and wanted to check their payment status will have to contact the Settlement Administrator by calling 1-866-615-9740. To find out more details about payment status, claimants will be required to provide their Claimant ID or Confirmation Code in order to get updates. Claimants can also send through inquiries via mail using the address on the official settlement website.
This Cash App payout is a chance for citizens to be compensated for security failures that affect Cash App users and their personal data. Although, the road towards final payments may seem long, eligible claimants will benefit from this $15 million settlement.
© 2025 by Coaches Database
© 2025 by Coaches Database
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
This particular lawsuit entitled Salinas et al. v. Block, Inc. and Cash App Investing, LLC, was filed due to several data security incidents involving unauthorized access to user accounts and private information. It was alleged that Block and Cash App were negligent and failed to safeguard sensitive user data correctly resulting in fraudulent withdrawals, data breaches, and compromised accounts.
While both companies continue denying wrongdoing, the companies agreed to a $15 million settlement to resolve all claims. Depending on the type and extent of losses experienced, eligible users who filed a valid claim form before the November 18, 2024, deadline will receive a payout.
Citizens who wish to understand who qualifies for the Cash App settlement should see if they meet the following criteria of:
Citizens who meet the respective qualifying characteristics could receive one of the following payment options:
The T-Mobile data breach settlement is yet another settlement that experienced payout delays, and citizens can expect possible payment delays for the Cash App settlement as well.
Since the final approval hearing took place on January 13, 2025, actual payments should start to be paid out soon as it generally takes several months due to claim verification and appeals.
According to the estimated Cash App Security Settlement timeline payout will begin mid to late 2025 depending on appeals and administrative processing. However, by the end of 2025 most claimants should expect to receive payments. Some payment delays are to be expected due to a variety of factors.
Payment of this settlement claim is said to go out soon, however, payment could be delayed due to:
Citizens who filed a valid claim and wanted to check their payment status will have to contact the Settlement Administrator by calling 1-866-615-9740. To find out more details about payment status, claimants will be required to provide their Claimant ID or Confirmation Code in order to get updates. Claimants can also send through inquiries via mail using the address on the official settlement website.
This Cash App payout is a chance for citizens to be compensated for security failures that affect Cash App users and their personal data. Although, the road towards final payments may seem long, eligible claimants will benefit from this $15 million settlement.
© 2025 by Coaches Database
© 2025 by Coaches Database
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
