$2500 Cash App Class Action Settlement Payout 2025: You may be eligible for a $2500 payout for a proposed $15 million class action settlement if you have transferred money using the Cash App mobile payment service during the previous six years. The applicant has the right to bring a claim in case they have used Cash App during the last 6 years and money was transferred without their authorization. The applicant can file a claim if their main account or personal details was accessed without their permission.
Key Highlights: Cash App Class Action Settlement
| Detail | Information |
| Settlement Name | Cash App Class Action Settlement |
| Total Settlement Amount | $15 Million |
| Maximum Individual Payout | $2,500 |
| Hourly Compensation | $25/hour (up to 3 hours) |
| File Claim and time Period | In between 23rd Aug, 2018 and 20 Aug, 2025 |
| Final Approval Hearing | February 16, 2025 |
| Claim Deadline | November 18, 2025 |
| Payment Date | After final approval hearing |
| Submission Method | Online or Mail |
| Official Website | cashappsecuritysettlement.com |
How Much Will You Get Paid?
The following types of compensation are available to eligible individuals:
- Losses Outside of the Pocket: reimbursement of up to $2,500 for costs associated with credit monitoring, identity theft recovery, or fraudulent transactions. Proof is needed, such bank statements or receipts.
- Time Spent: Up to three hours, at a rate of $25 per hour, to handle duties linked to fraud or breaches, such contacting customer service or disputing charges.
- Additional Reimbursement: Payment for transaction losses supported by records from third parties.
It’s Official: Cash App Settlement is Confirmed! Track Your $2,500 Payment
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Eligibility for $2500 Cash App Class Action Settlement Payout
A claim may be submitted by any qualified candidate between August 23, 2018, and August 20, 2025. If the applicant is a current Cash App investment client and their personal details, Cash App account, or Cash App investment account was used/ accessed or obtained details without applicant’s knowledge or permission. You have made unauthorized or dishonest withdrawals or transferred funds into or out of your account. Your Cash App account or any related bank account has an issue that you haven’t resolved. Cash App and its parent company, Block, are accused in the complaint of improperly managing user data security, resulting in fraudulent transactions and unlawful access.
Cash App Class Action Settlement Goals and Objectives
The main goal of the settlement is to implement robust security measures to reward affected consumers and prevent future events. This agreement aims to induce compensation, induce users, and restore trust, and will be decided to improve data protection guidelines in the future. Furthermore, the issue is efficiently documented without the need for court battles, causing plaintiffs and defendant from exorbitant legal fees, lengthy legal proceedings and procedural ambiguity. The decision seeks to uphold corporate accountability and culpability while also advancing the interests of impacted funds.
Purpose of the Cash App Class Action Settlement
- The purpose of this class action is to: Give users affected by data breaches just recompense.
- Boost Cash App’s security measures to stop such instances in the future.
- Cut down on legal costs and avoid drawn-out judicial processes.
- Promote accountability and increase customer trust in online payment methods.
How a claim is submitted:
- Check your eligibility. Make sure you meet the qualifying requirements by carefully reading the settlement terms.
- Gather Documents: Collect all the necessary supporting paperwork, such as invoices, bank statements, and any official reports or letters attesting to the losses and your efforts to address them.
- Complete the claim form. Fill out the Claim Form completely, attach any required supporting documentation, and submit it online or by mail before the deadline.
- Submit a Claim: Send a bill entered into online or by mail before the deadline expires.
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The Cash App Settlement’s History
Cash App’s data security breaches over the previous few years are the cause of the class action. Notably:
- In 2022, a former employee of cash App making an investment received illegal get right of entry to consumer account statistics.
- Another security breach happened in 2023 when new users were able to gain illegal access to old phone numbers that were still connected to existing Cash App accounts.
- Unauthorized transactions and the exposing of personal data were reported by several individuals.
- Affected users can now seek compensation as a result of this court settlement.
Additional Information and Support
Claimants can reach the cash app security settlement administrator at this particular phone number or location for help or information about the settlement. Applicants must update their contact details if they make changes after submitting a request in order to ensure they get any benefits for which they are eligible. Direct Loss: Users who lose money due to illegal withdrawal or fraud are entitled to recover up to $2,500. Supporting documentation, such as income and bank statements, must be included. Compensation for Lost Time: At a rate of $25 per hour, you might be able to estimate your payout time up to three hours if you spend time on fraud or illegal access.
