Consumers whose information was compromised in 2022 and 2023 Cash App data breaches could benefit from a $15 million settlement.
The settlement benefits current and former Cash App customers whose account and personal information was obtained without consent or who experienced fraudulent withdrawals or transfers between Aug. 23, 2018, and Aug. 20, 2024.
According to the class action lawsuit, Cash App failed to protect consumers from two data breaches in 2022 and 2023. The 2022 breach reportedly involved an employeeโs unauthorized access to Cash App Investing accounts, whereas the 2023 breach involved a third partyโs unauthorized access using recycled phone numbers.
Cash App is a financial services platform that allows users to transfer money, pay vendors and invest.
Cash App hasnโt admitted any wrongdoing but agreed to pay $15 million to resolve the data breach class action lawsuit.
Under the terms of the settlement, class members can receive up to $2,500 for documented losses related to the data breaches, including credit costs, bank fees, travel expenses and up to three hours of lost time compensated at a rate of $25 per hour.
Class members who experienced fraudulent transactions as a result of the data breaches can receive additional compensation for these losses if they provide sufficient documentation.
The deadline for exclusion and objection is Nov. 1, 2024.
The final approval hearing for the settlement is scheduled for Dec. 16, 2024.
To receive Cash App settlement benefits, class members must submit a valid claim form by Nov. 18, 2024.
Whoโs Eligible
Current and former Cash App customers whose account and personal information was obtained without consent or who experienced fraudulent withdrawals or transfers between Aug. 23, 2018, and Aug. 20, 2024
Potential Award
$2,500
Proof of Purchase
Receipts, bills, invoices, account statements, credit reports, financial documents, police reports and other documentation of data breach-related losses.
Claim Form
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If youโre unsure if you qualify, please read the FAQ section of the Settlement Administratorโs website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you donโt qualify for this settlement, check out our database of other open class action settlements you may be eligible for.
Claim Form Deadline
11/18/2024
Case Name
Salinas, et al. v. Block Inc., et al., Case No. 3:22-cv-04823-AMO, in the U.S. District Court for the Northern District of California
Final Hearing
12/16/2024
Settlement Website
Claims Administrator
Cash App Security Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA19103
866-615-9740
Class Counsel
David A Goodwin
GUSTAFSON GLUEK PLLC
Nicholas A Migliaccio
Jason S Rathod
MIGLIACCIO & RATHOD LLP
Gary S Graifman
Melissa R Emert
KANTROWITZ GOLDHAMER & GRAIFMAN PC
Scott D Hirsch
SCOTT HIRSCH LAW GROUP
William B Federman
FEDERMAN & SHERWOOD
Defense Counsel
Aravind Swaminathan
Michelle Visser
ORRICK HERRINGTON & SUTCLIFFE LLP
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128 thoughts on$15M Cash App data breach class action
Cash App blamed my bank. My bank blamed Cash App. They were about to frustrate me when i found solution with this new cyber crime investigation firm name โ Chainabuse โ. They proved effective . They did a recovery analysis on my case for free before anything which turned out a positive high chances of recovery. My money was returned to my bank in a 2 weeks long recovery process.
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This has happened to me 2WICE NOW!! The First time, i had just received my Income taxes on my Cash App card/account.. Not even 2 weeks later, i was looking through my statements, and acct. activity when i realized A WHOLE BUNCH OF FRAUDULENT/INACCURATE CHARGES Posted recently.. They acted like it was MY FAULT!
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