Cash App Security Settlement Guide: Claim Form, Eligibility, Deadline and Payout Amounts

Published On: October 23, 2024 2:29 am

Eligible people can get up to $2500 in the Cash App Data Breach Settlement. You must file a claim before November 18, 2024. Submitting your claim by this date to be eligible for compensation is important. After this, a court hearing will be held on December 16, 2024, for final approval of the settlement. Make sure to file before the deadline to get this compensation.

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Cash App Security Settlement

You might be eligible for the Cash App Security Settlement if you use Cash App. This settlement is due to a lawsuit after a data breach. $15 million has been set aside to compensate those who qualify.

You can apply if you are a current or former Cash App user whose account or data was accessed without permission. You can also apply if you had fraudulent withdrawals or transactions between August 23, 2018, and August 20, 2024.

Those who qualify can get up to $2500 for financial losses because of the breach. This can include credit monitoring costs, bank fees, travel costs, or lost time. You can also get paid for up to three hours of lost time at $25 per hour. If this affects you, it is worth filing a claim.

Cash App Security Settlement Per Person Amount

Cash App has agreed to pay $15 million to settle a lawsuit due to a data breach. If you are eligible, you can claim compensation by submitting a form before the deadline. Here is what you can expect:

For Out-of-Pocket Losses: If your account was accessed without permission between August 23, 2018, and August 20, 2024, you can get up to $2500. This covers bank fees, credit monitoring costs, and other financial losses related to the breach.
For Lost Time: If you lost time fixing problems caused by the breach, you can get paid for up to three hours at $25 per hour. This can include time spent dealing with unauthorized transactions or contacting support.
For Transaction Losses: If you had transaction losses due to the breach, you can file a claim. The amount will depend on your specific losses and the proof you provide.

To get these benefits, you must submit your claim with valid proof before the deadline. The compensation will vary based on the losses and documents submitted.

Eligibility Requirements for Receiving Cash App Security Settlement

To get benefits from the Cash App Security Settlement, you need to meet certain conditions. These conditions ensure that only affected users can apply for the settlement. Here is who can apply:

Customer Status: You must be a current or former customer of Cash App, Cash App Investing, or their related companies.
Unauthorized Access or Fraud: Your details must have been accessed without your permission. You can also apply if you face unauthorized transactions like money being transferred from your account without your consent. You can also apply if there was a mistake in your Cash App account that was not fixed.
Timeframe: The data breach or unauthorized transaction must have happened between August 23, 2018, and August 20, 2024.

If you meet these conditions, you can submit a claim to get compensation from the settlement. Make sure to check your account history to see if you were affected during this time.

Claim Form Submission Process for Cash App Security Settlement

To file a claim for the Cash App Security Settlement, first check if you are eligible. Once confirmed, follow these steps to file your claim online:

Visit the Settlement Website: Go to www.cashappsecuritysettlement.com.
Find the Submit Claim Option: Click on the “Submit Claim” option at the top right corner of the homepage to start.
Enter Notice ID and Confirmation Code: If you have a Notice ID and Confirmation Code from mail or email, enter them and click “Submit.” If you don’t have these codes, click the “Click Here” button to continue without them.
Provide Personal Information: Fill in your details like name, address, city, state, zip code, email, and phone number.
List Your $Cashtags: In the “Unique $Cashtag Identifier” section, enter any $Cashtags linked to your Cash App account(s).
Choose the Type of Claim: Select the claim type that applies to you, such as Out-of-Pocket Losses, Lost Time, or Transaction Losses. Enter the necessary details for your claim.
Select a Payment Method: Choose how you want to receive your settlement payment. Options include Venmo, Zelle, Mastercard, or direct deposit.
Accept Terms and Sign: Read and accept the terms and conditions. Then provide your signature and date in the required fields.
Review and Submit: Check all the information to ensure it is correct. Once everything looks good, click the “Submit” button to complete your claim.