{"id":180,"date":"2024-12-20T02:11:06","date_gmt":"2024-12-20T02:11:06","guid":{"rendered":"https:\/\/www.soscip.org\/us\/?p=180"},"modified":"2024-12-20T02:11:07","modified_gmt":"2024-12-20T02:11:07","slug":"dont-miss-out-on-your-cash-app-settlement","status":"publish","type":"post","link":"https:\/\/www.soscip.org\/us\/dont-miss-out-on-your-cash-app-settlement\/","title":{"rendered":"Don\u2019t Miss Out on Your Cash App Settlement: How to Claim Your Share of $15M Today!"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you&#8217;re a current or former Cash App user, you may be entitled to a payment from the <strong><a href=\"https:\/\/www.soscip.org\/us\/dont-miss-out-on-your-cash-app-settlement\/\" data-type=\"link\" data-id=\"https:\/\/www.soscip.org\/us\/dont-miss-out-on-your-cash-app-settlement\/\">$15 million Cash App settlement<\/a><\/strong>. This compensation stems from a class action lawsuit over security breaches that exposed users&#8217; personal information. Here\u2019s everything you need to know about eligibility, payout amounts, and how to file your claim before the <strong>November 18, 2024, deadline<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<\/blockquote>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#what-led-to-the-cash-app-settlement\">What Led to the Cash App Settlement?<\/a><\/li><li><a href=\"#who-is-eligible-for-compensation\">Who is Eligible for Compensation?<\/a><\/li><li><a href=\"#how-much-money-can-you-receive\">How Much Money Can You Receive?<\/a><\/li><li><a href=\"#how-to-file-your-claim\">How to File Your Claim<\/a><\/li><li><a href=\"#can-you-opt-out-or-sue-separately\">Can You Opt Out or Sue Separately?<\/a><\/li><li><a href=\"#protect-yourself-in-the-future\">Protect Yourself in the Future<\/a><\/li><li><a href=\"#act-now-file-your-claim-before-the-deadline\">Act Now: File Your Claim Before the Deadline<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"what-led-to-the-cash-app-settlement\"><strong>What Led to the Cash App Settlement?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Two major security breaches involving Cash App, a popular mobile payment platform, sparked the class action lawsuit:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>2021 Data Breach:<\/strong> A former Cash App employee allegedly downloaded customer data without authorization.<\/li>\n\n\n\n<li><strong>2023 Unauthorized Access:<\/strong> Hackers exploited customer phone numbers to access their accounts.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The lawsuit alleged that Cash App and its parent company, <strong>Block, Inc.<\/strong>, failed to implement adequate security measures to protect customer information. Although the company did not admit wrongdoing, it agreed to settle the case for $15 million and improve its data protection practices.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"who-is-eligible-for-compensation\"><strong>Who is Eligible for Compensation?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You may qualify for compensation if:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your personal information or account was compromised due to <strong>unauthorized access<\/strong> between <strong>August 23, 2018, and August 20, 2024<\/strong>.<\/li>\n\n\n\n<li>You can provide documentation of financial losses or expenses directly linked to these breaches.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"examples-of-eligible-losses\">Examples of Eligible Losses<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Unauthorized withdrawals<\/strong><\/li>\n\n\n\n<li>Costs for <strong>identity theft insurance<\/strong> or credit monitoring<\/li>\n\n\n\n<li>Fees for closing and reopening bank accounts<\/li>\n\n\n\n<li>Expenses related to replacing payment cards<\/li>\n\n\n\n<li><strong>Overdraft or late payment fees<\/strong> resulting from the breach<\/li>\n\n\n\n<li>Out-of-pocket costs for fraud mitigation<\/li>\n\n\n\n<li>Compensation for lost time at <strong>$25\/hour for up to 3 hours<\/strong><\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-much-money-can-you-receive\"><strong>How Much Money Can You Receive?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement includes the following reimbursement caps:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Out-of-Pocket Costs:<\/strong> Up to <strong>$2,500<\/strong> per person.<\/li>\n\n\n\n<li><strong>Lost Time Compensation:<\/strong> $25 per hour, for up to three hours (<strong>$75 total<\/strong>).<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The actual payout will depend on the number of valid claims filed and the specific losses documented by each claimant.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"how-to-file-your-claim\"><strong>How to File Your Claim<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">To receive compensation, follow these steps:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"1-access-the-claim-form\">1. <strong>Access the Claim Form<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Visit the official settlement website to access and submit the claim form. You may have received an email or letter notifying you of your eligibility, but you can still file even if you didn\u2019t receive one.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"2-provide-documentation\">2. <strong>Provide Documentation<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Gather evidence of your losses, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank statements showing fraudulent transactions<\/li>\n\n\n\n<li>Receipts for credit monitoring services<\/li>\n\n\n\n<li>Proof of fees or charges incurred due to account breaches<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"3-submit-your-claim\">3. <strong>Submit Your Claim<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Complete the form online or by mail before <strong>November 18, 2024<\/strong>. Submit only one claim, even if you have multiple Cash App accounts.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"4-choose-your-payment-method\">4. <strong>Choose Your Payment Method<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Select how you\u2019d like to receive your payment:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Prepaid Mastercard<\/li>\n\n\n\n<li>Direct deposit<\/li>\n\n\n\n<li><strong>Venmo<\/strong> or <strong>Zelle<\/strong><\/li>\n\n\n\n<li>Paper check (Cash App payments are not an option)<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-center wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/5-5-billion-visa-and-mastercard-settlement\/\" data-type=\"post\" data-id=\"173\">$5.5 Billion Visa and Mastercard Settlement: How Merchants Can Claim Their Share<\/a><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/equifax-data-breach-settlement\/\" data-type=\"post\" data-id=\"23\">Equifax Data Breach Settlement: Amount, Deadlines and Compensation<\/a><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/citibank-robocall-class-action-settlement\/\" data-type=\"post\" data-id=\"168\">Citibank Robocall Class Action Settlement 2024: Are You Eligible for Up to $2,500?<\/a><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/credit-karma-lawsuit-2024-million-in-payments\/\" data-type=\"post\" data-id=\"124\">Credit Karma Lawsuit 2024: FTC Issues $2.5 Million in Payments<\/a><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/wp-content\/uploads\/2024\/12\/Designer-2024-12-09T080612.629.webp\" data-type=\"attachment\" data-id=\"166\">Justice Department Settlement: Citizenship Discrimination Case with Watercrest Community Management<\/a><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"can-you-opt-out-or-sue-separately\"><strong>Can You Opt Out or Sue Separately?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The deadline to opt out of the class action lawsuit and pursue individual legal action passed on <strong>November 1, 2024<\/strong>. If you missed this deadline, filing a claim is your only option to receive compensation.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"protect-yourself-in-the-future\"><strong>Protect Yourself in the Future<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>American Bankers Association<\/strong> recommends these precautions to safeguard your data when using payment apps:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Use strong, unique passwords and enable <strong>two-factor authentication<\/strong>.<\/li>\n\n\n\n<li>Avoid sharing personal information via app transactions.<\/li>\n\n\n\n<li>Be cautious of suspicious emails or links claiming to represent payment apps.<\/li>\n\n\n\n<li>Consider credit monitoring services to stay alert to potential fraud.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"act-now-file-your-claim-before-the-deadline\"><strong>Act Now: File Your Claim Before the Deadline<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The clock is ticking! If you\u2019ve been affected by the Cash App breaches, don\u2019t miss out on your chance to receive compensation. Visit the settlement website today, gather your documentation, and file your claim by <strong>November 18, 2024<\/strong>. Every eligible user has the right to claim their share of the settlement fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re a current or former Cash App user, you may be entitled to a payment from the $15 million Cash App settlement. This compensation stems from a class action lawsuit over security breaches that exposed users&#8217; personal information. Here\u2019s everything you need to know about eligibility, payout amounts, and how to file your claim&nbsp;<a class=\"read-more\" href=\"https:\/\/www.soscip.org\/us\/dont-miss-out-on-your-cash-app-settlement\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":186,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/comments?post=180"}],"version-history":[{"count":11,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/180\/revisions"}],"predecessor-version":[{"id":1170,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/180\/revisions\/1170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media\/186"}],"wp:attachment":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media?parent=180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/categories?post=180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/tags?post=180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}