Confirmed Cash App settlement — More than $2,000 fast if you do this – ECOticias.com El Periódico Verde
Credits: The Northern Forum
You might be eligible to receive part of a $15 million settlement connected to Cash App. The app’s parent company, Block, Inc., agreed to the payout following a class action lawsuit that alleged unauthorized transactions occurred on the platform. This case is part of a growing pattern of legal action targeting fintech companies for issues related to user rights and account handling — and many are now facing the cost of not meeting consumer expectations.
The claims against Cash App are specifically related to fraudulent charges and improper account freezes, and millions of people were affected by several data breaches as well. Although customers who use Cash App have serious concerns about security and privacy, it has grown over 10 years to become one of the most popular peer-to-peer payment platforms in the United States.
In the $15 million settlement, the claimants are those who were impacted by unlawful activity or who had their accounts frozen without good reason or resolution. The goal is to reimburse users for any harm to their reputations, emotional stress, or monetary losses caused by transaction faults or account security issues with Cash App.
The maximum amount that claimants will receive when the settlement funds are disbursed is $2,500. The deadline to apply passed on November 18, 2024, and anyone who wanted to claim had to do so by completing and submitting a claim form by that date. The final lawsuit hearing took place on January 13, 2025.
Any supporting documentation to prove that claimants were affected by account freezes or illicit transactions, such as account statements, had to be submitted.
The settlement payments are expected to go out towards the end of 2025 when all claims have been assessed and finalized. In the meantime, there’s a way for claimants to track their Cash App class action lawsuit payment online on the settlement website, cashappsecuritysettlement.com.
All claimants have to be permanent residents of the United States. Claimants also need to meet one of the following criteria to qualify for a payout in the Cash App/Block Inc. settlement:
The court granted the final settlement approval on January 13, 2025. The actual Cash App settlement payout date has not been disclosed, but eligible claimants can expect to be paid towards the end of 2025 either by direct deposit or check in the mail. In the meantime, claimants can:
For more information about this settlement, you can visit the Cash App Security Settlement website and be informed. You can also find out about other class action settlements you may qualify for, such as the Visa and Mastercard matter.
© 2025 by ECOticias
© 2025 by ECOticias
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!
You might be eligible to receive part of a $15 million settlement connected to Cash App. The app’s parent company, Block, Inc., agreed to the payout following a class action lawsuit that alleged unauthorized transactions occurred on the platform. This case is part of a growing pattern of legal action targeting fintech companies for issues related to user rights and account handling — and many are now facing the cost of not meeting consumer expectations.
The claims against Cash App are specifically related to fraudulent charges and improper account freezes, and millions of people were affected by several data breaches as well. Although customers who use Cash App have serious concerns about security and privacy, it has grown over 10 years to become one of the most popular peer-to-peer payment platforms in the United States.
In the $15 million settlement, the claimants are those who were impacted by unlawful activity or who had their accounts frozen without good reason or resolution. The goal is to reimburse users for any harm to their reputations, emotional stress, or monetary losses caused by transaction faults or account security issues with Cash App.
The maximum amount that claimants will receive when the settlement funds are disbursed is $2,500. The deadline to apply passed on November 18, 2024, and anyone who wanted to claim had to do so by completing and submitting a claim form by that date. The final lawsuit hearing took place on January 13, 2025.
Any supporting documentation to prove that claimants were affected by account freezes or illicit transactions, such as account statements, had to be submitted.
The settlement payments are expected to go out towards the end of 2025 when all claims have been assessed and finalized. In the meantime, there’s a way for claimants to track their Cash App class action lawsuit payment online on the settlement website, cashappsecuritysettlement.com.
All claimants have to be permanent residents of the United States. Claimants also need to meet one of the following criteria to qualify for a payout in the Cash App/Block Inc. settlement:
The court granted the final settlement approval on January 13, 2025. The actual Cash App settlement payout date has not been disclosed, but eligible claimants can expect to be paid towards the end of 2025 either by direct deposit or check in the mail. In the meantime, claimants can:
For more information about this settlement, you can visit the Cash App Security Settlement website and be informed. You can also find out about other class action settlements you may qualify for, such as the Visa and Mastercard matter.
© 2025 by ECOticias
© 2025 by ECOticias
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!
