How to Claim Your Share of a $15 Million App Data Breach Settlement
Cash App has agreed to pay $15 million in damages following allegations of inadequate data protection measures. This agreement gives eligible users the opportunity to claim compensation of up to $2,500 each.
The lawsuit addresses a data breach that allegedly occurred between 2022 and 2023. According to the lawsuit, the 2022 data breach involved an employee’s unauthorized access to Cash App Investing accounts; The 2023 hack was reported to involve unauthorized third party access using recycled phone numbers. Although Cash App maintains its innocence, the company has agreed to compensate affected customers. If you’re one of the millions of Cash App users in the US, here’s how to proceed to get your payout.
Who is entitled to compensation for a Cash App data breach?
To qualify for the settlement, people must meet certain criteria:
1. Be a current or former Cash App user.
2. Personal information was compromised without consent and/or…
3. There were unauthorized transactions between August 23, 2018 and August 20, 2024.
How to Claim Your Share of a Cash App Settlement
Eligible applicants can submit their applications throughthe official settlement website . Those who received the notification ID and confirmation code should have this information ready. However, individuals who do not have these details can still apply.
Supporting documents such as receipts, credit card statements or police reports may be required to substantiate claims of involvement in a data breach and its consequences.
The deadline for filing claims is November 18, 2024 . Anyone wishing to opt out of the settlement must object by November 1, 2024. The final hearing is scheduled for December 16, 2024, after which payments will be distributed, barring any complications.
Please be aware that you are filing a claim under penalty of perjury. If you are not entitled to this settlement, do not file a claim. By filing a fraudulent claim, you will harm all members of the class action who are actually entitled to it.
Compensation amounts will vary depending on the individual circumstances and the extent of the impact of the breach on each claimant. This settlement has the potential to affect a significant number of people.
For those interested in participating or seeking additional information, visitingthe official settlement website is the best way to ensure that all necessary procedures and deadlines are followed.