2024-08-10 02:20:02
Keep an eye on your bank statements. You could be receiving some money soon.
Cash App settled a class action lawsuit stemming from a data breach in 2021 that exposed the personal information of millions of current and former users of the app.
The mobile payment service was mandated to pay out a sum of $15 million as compensation for damages incurred.
According to USA TODAY, the plaintiffs sued Cash App Investing and Block Inc. for the companies’ “failure to exercise reasonable care in securing and safeguarding consumer information.”
The lawsuit mentioned the December 2021 data breach resulted, “in the unauthorized public release of the personally identifiable information of 8.2 million current and former Cash App Investing customers.”
The lawsuit also said a former employee gained access to Cash App users’ personal information during their employment and downloaded the data without the users’ knowledge.
If you’re a Cash App user, here is how to submit a claim for up to $2,500.
If you had a Cash App account between August 23, 2018, and before August 20, 2024, those users can file a claim. According to the mobile payment service, those who qualify have not yet received reimbursement from Block Inc., Cash App Investing, or any other third party.
You can submit a claim at cashappsecuritysettlement.com.
Here is what people can file for according to Cash App:
Cash App users can submit a completed claim form by Nov. 18, 2024, for consideration.
Cash App advises users to submit only one claim form. If you have multiple Cash App accounts that require claims, the mobile payment service recommends consolidating all of your $(InsertYourCashTag) and claim-related information onto a single claim form for ease of processing.
-USA TODAY contributed to this story
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