Filing Deadline Passed for Cash App Settlement – What Are Your Options?

Cash App Class Action Settlement: The data and security breach claim filing deadline for Cash App users has expired. But still, most users are confused regarding this settlement process. In this article, we will comprehend this settlement thoroughly and attempt to know what to do next if you have missed the deadline.

When did the Cash App data breach occur?

This data breach occurred in December 2021, upon which a class action lawsuit against Cash App and its parent firm Block Inc. was filed. The lawsuit stated that these companies did not exercise proper precautionary steps to maintain users’ private information secure.

As a result of this violation, sensitive information of 8.2 million Cash App Investing customers was exposed publicly. This is not all, as a former worker also accessed and downloaded this data illegally, putting the privacy of users at risk in a very serious manner.

How to claim Cash App settlement?

Cash App customers were required to file their claims by November 18, 2024. The total compensation of $15 million was to be paid out to the impacted customers under this settlement. Eligible customers could recover up to a maximum of $2,500.

If you have an account with Cash App, you ought to review your account to determine if there was any unauthorized or suspicious withdrawal or transfer from your account from August 23, 2018, through August 20, 2024.

How much will Cash App receive in the settlement?

Eligible users of this settlement could claim a maximum of $2,500. But for that, users had to submit their personal information and required documents to establish that their account was impacted by this data breach.

Was I eligible for this settlement?

Cash App users needed to satisfy the following requirements:

• Their Cash App account would have been opened prior to August 23, 2018 and would be active until August 20, 2024.
• They should not have already received payment from Block Inc., Cash App Investing or any other third party.

How to make a Cash App settlement claim?

Eligible users had until November 18, 2024 to file their claim by going to www.cashappsecuritysettlement.com/submit-claim with all their details and documents.

What should I do if I am late?

If you have missed the deadline to file a Cash App settlement claim, do not panic. You can still seek legal assistance.

You can learn more about your rights by contacting Kantrowitz, Goldhammer & Grafman, the law firm handling the case.

• Phone Number: 201-897-7293
• Website: www.kgglaw.com

They can advise you on what to do next based on your circumstances.

What type of claims could customers of Cash App make?

Cash App customers could make a range of claims, such as:

• Personal Out-of-Pocket Losses – If the account of a user had been impacted by the breach, he could be compensated up to $2,500, as long as he could produce the necessary documentation.
• Lost Time – If the user had lost time getting his personal data secured because of this data breach, he could claim up to three hours, at $25 per hour.
• Transaction Losses – If the user had incurred any economic loss because of this data breach and had not already received compensation, he could make this kind of claim.

Conclusion

The Cash App data breach settlement was a historic chance for users whose personal data was compromised as a result of this breach. But if you lost this chance, you can find out about your rights by consulting a lawyer.

Other than this, you must be careful about the security of your account and make sure that no unauthorized transaction occurs on your account in the future. Having the proper documents and information can assist in any legal action in the future.

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