Cash App has established a $15 million settlement fund to compensate affected users in response to significant data breaches.
You may be eligible for compensation if you experienced unauthorized access or fraudulent transactions on your Cash App account between August 23, 2018, and August 20, 2024.
Contents
Eligibility Criteria
To qualify for a portion of the settlement, you must meet the following conditions:
- Affected Usage Period: Your Cash App account was accessed without authorization or experienced fraudulent transactions between August 23, 2018, and August 20, 2024.
- Proof of Loss: You can provide documentation such as receipts, bills, account statements, or police reports evidencing unauthorized access or fraudulent transactions.
- Timely Claim Submission: You must submit your claim by the specified deadline.
Compensation Details
Eligible users can receive up to $2,500 for documented losses, including:
- Credit Monitoring Costs: Expenses incurred for credit tracking services.
- Bank Fees: Charges resulting from unauthorized transactions.
- Travel Expenses: Costs related to addressing the data breach.
- Lost Time: Up to three hours compensated at $25 per hour for time spent resolving issues related to the breach.
Claim Submission Process
To file a claim:
- Visit the Official Settlement Website: Navigate to www.cashappsecuritysettlement.com.
- Complete the Claim Form: Provide your personal information and details of the unauthorized access or fraudulent transactions.
- Attach Supporting Documentation: Upload evidence such as receipts, bills, or account statements.
- Review and Submit: Ensure all information is accurate before submitting the form.
- Save Confirmation: Retain the confirmation number or email received after submission for your records.
Important Dates
| Event | Date |
|---|---|
| Claim Submission Deadline | November 18, 2024 |
| Final Approval Hearing | January 13, 2025 |
| Payment Distribution | After final court approval |
Conclusion
The Cash App Settlement offers a valuable opportunity for affected users to receive compensation for losses incurred due to data breaches.
Ensure you meet the eligibility criteria and submit your claim with the necessary documentation before the deadline. For detailed information and to access the claim form, visit the official settlement website.
FAQs
What is the Cash App Settlement?
The Cash App Settlement is a $15 million fund established to compensate users affected by data breaches that led to unauthorized account access or fraudulent transactions between August 23, 2018, and August 20, 2024.
Who is eligible for compensation?
Users whose Cash App accounts were accessed without authorization or who experienced fraudulent transactions during the specified period and can provide supporting documentation are eligible.
How much compensation can I receive?
Eligible users can receive up to $2,500, including credit monitoring costs, bank fees, travel, and compensation for lost time.
What documentation is required to file a claim?
Acceptable documentation includes receipts, bills, account statements, police reports, or other evidence supporting your claim of unauthorized access or fraudulent transactions.
