The Cash App Class Action Settlement is a significant legal resolution involving allegations of insufficient security measures by Cash App and its parent company, Block, Inc. In March 2025, a $15 million settlement was announced for affected users, allowing them to claim up to $2,500. The final claim submission deadline is November 18, 2025. This article provides comprehensive details regarding the settlement, payment eligibility, deadlines, and how affected users can claim their compensation.
Cash App Class Action Settlement Overview
| Post Rubric | Details |
|---|---|
| Country | Canada |
| Class Action Accused | Cash App and Block, Inc. |
| Settlement Amount | $15.6 million |
| Payment Date | Not fixed yet |
| Final Hearing Date | March 13, 2025 |
| Claim Submission Deadline | November 18, 2025 |
| More Information | Visit Official Site |
What is the Cash App Class Action Settlement?
The Cash App Class Action lawsuit was filed in December 2021 in California. It alleged that a data breach led to the unauthorized disclosure of personally identifiable information of approximately 8.2 million Cash App Investing customers. The lawsuit claimed that:
- A former Cash App employee accessed user account data without authorization.
- In 2022, an unauthorized user gained access to accounts using recycled phone numbers associated with Cash App accounts.
- Cash App and Block, Inc. failed to adequately address customer complaints related to fraudulent transactions.
- The company did not take necessary security measures to prevent unauthorized access and safeguard user accounts.
As a result of these claims, Cash App agreed to settle for $15 million to compensate affected customers.
Cash App Class Action Payment Date
The settlement payment date has not been officially confirmed yet. However, based on past class action settlements, payments typically occur nine to twelve months after the final hearing. The court postponed the final hearing to March 13, 2025, extending the timeline for payment disbursement.
Affected users can contact the Cash App Security Settlement Administrator through their helpline at 1-866-615-9740 for additional details regarding the payment schedule.
How to Claim $2500 Before This Date
To be eligible for compensation, claimants must submit a claim form by 10:59:59 p.m. PT on November 18, 2025. Users who fail to submit their claims before this deadline will not be eligible for the settlement payment.
Under the settlement, eligible users may receive:
- Up to $2,500 for out-of-pocket expenses related to unauthorized transactions.
- $25 per hour for lost time due to dealing with fraud-related issues, up to a maximum of three hours.
If you missed the deadline, you can contact Cash App’s legal representatives at Kantrowitz, Goldhamer & Graifman through kgglaw.com or call 201-897-7293 for further assistance.
Cash App Settlement Eligibility Criteria
To qualify for the settlement, you must meet the following conditions:
- You are a past or current Cash App user.
- You had an active Cash App or Cash App Investing account between August 23, 2018, and August 20, 2025.
- Your account was accessed or funds were withdrawn fraudulently without authorization.
- Your personal information was compromised due to unauthorized access.
Cash App users should check their account history for any suspicious activity that might qualify them for this settlement.
How to File a Claim?
Filing a claim is a straightforward process. Here’s how you can do it:
- Visit the Official Settlement Website
- Go to the official website provided by the Cash App Security Settlement Administrator.
- Complete the Online Claim Form
- Provide your details, including your name, Cash App account information, and proof of unauthorized transactions.
- Submit Before the Deadline
- Ensure that the form is submitted before November 18, 2025, to be considered for compensation.
- Await Confirmation
- Once submitted, you will receive a confirmation email regarding the status of your claim.
Frequently Asked Questions (FAQs)
1. What is the Cash App Class Action Settlement about?
The settlement addresses claims that Cash App and its parent company, Block, Inc., failed to implement adequate security measures, leading to unauthorized access and fraudulent transactions affecting millions of users.
2. Who is eligible to receive compensation?
Anyone who had an active Cash App or Cash App Investing account between August 23, 2018, and August 20, 2025, and suffered unauthorized access to their funds or personal information may be eligible.
3. How much compensation can I receive?
Eligible users may claim up to $2,500 for fraudulent withdrawals or unauthorized transactions and $25 per hour (up to 3 hours) for lost time dealing with account-related fraud.
4. When will I receive my payment?
Payments are expected 9-12 months after the final hearing, which is scheduled for March 13, 2025.
5. How do I submit my claim?
Claims can be submitted online through the official settlement website before November 18, 2025.
6. What happens if I miss the deadline?
If you miss the deadline, you may not be eligible for compensation. However, you can reach out to Cash App’s legal representatives at kgglaw.com for assistance.
The Cash App Class Action Settlement provides financial relief for affected users due to unauthorized access and fraudulent transactions. Eligible users should act promptly by submitting their claims before November 18, 2025, to receive compensation of up to $2,500. As the final hearing is scheduled for March 13, 2025, payments are expected by early 2026.
For further updates, users should regularly check the official Cash App settlement website or contact the settlement administrator for assistance.
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