Cash App Class Action Settlement 2025 – Do You Qualify to Receive $2,500 Payout?

It is anticipated that the Cash App Class Action settlement would start paying out compensation to all eligible Cash App users by late 2025. The Cash App agreed to pay over $15 million to all of its users who suffered from fraudulent transactions and data breaches between 2018 and 2024 as part of the Lawsuit Settlement 2025. If the claimant has claimed before November 2024, he/she might be entitled to the compensation amount up to $2,500.

Cash App Class Action Settlement 2025

The company consented to provide the settlement amount to the eligible customers who submitted the claim before the specified date. Therefore, if you qualify to get the claim amount, then you should know the specifics of the settlement to ensure that you will be getting your payments. The emergence of the Cash App settlement has come after the legal controversy, which includes the company’s alleged data handling and privacy breach practices.

The Cash App is a popular platform for its peer-to-peer payment, which provides services such as a debit card and other investment activities. It was accused of a legal lawsuit for unauthorized access to the customers’ data, which ultimately gave rise to security issues, data breaches, and other fraudulent activities. Under a lawsuit, the Cash App had to pay a compensation of $15 million to all the affected customers who were impacted by unauthorized withdrawals and scam transactions.

Cash App Settlement 2025 – Overview

Article On	Cash App Class Action Settlement 2025
Country	United States of America
Company Under Lawsuit	Cash App & Block, Inc.
Settlement Amount	$15 million
Claim Deadline	November 18, 2024
Payment Date	By late 2025
Maximum Amount	Up to $2,500 (per person)
Official Website	cashappsecuritysettlement.com

Cash App Class Action Settlement – Eligibility

To qualify for the Cash App Class Action Settlement, the following eligibility criteria should be met –

• One needs to be a current or former customer of The Cash App Investing or Cash App.
• Affected individuals’ data was misused between 23 August 2018 and 20 August 2024.
• An unauthorized or deceitful activity is experienced, like data breaches, account access, or unapproved withdrawals.
• The Claimant should have a history of all the valid evidence of the unauthorized transactions or illegal access.
• The Claimant should not have received any compensation amount from Cash App Investment and Block, Inc.
• The Claimant can recover as much as $2,500 by providing the original documents if he or she is impacted by the Cash App Security data breach.

Cash App Class Action Settlement 2025 – Amount

Cash App gives a settlement of $15 million as a Settlement fund to all the victims who have suffered cash losses from a data breach or unauthorized & fraudulent access to their accounts. The settlement is only available to those individuals who have already submitted their forms within the given deadline, which is November 18, 2024.

Payment Breakdown –

• Out-of-Pocket Loss: An affected user is entitled to a maximum compensation of $2,500 for all expenses incurred due to the data breach.
• Lost Time Compensation: $25 per hour will be deposited into all the claimants’ accounts for spending a maximum of 3 hours handling the data breach, which equals $75 in total.
• Transaction Loss: Affected individuals are required to file all their valid proof and documents to avail themselves of the repayment of all the direct transaction losses.

How Can You Check Your Payment Status?

The steps below can be followed to check the Cash App Settlement 2025 payment status –

• Official Settlement Website: Visit the court-approved settlement website that ends with .org or .com. The website contains all the details regarding the timeline, case, and status.
• Enter the Confirmation Number or Claim ID: If someone has successfully submitted a valid claim before the deadline, then a letter containing the claim ID or confirmation email must have been received. In the “Check Status” part of the website, input this ID.
• Submit Required Verification Information: While some users will request verification of identity, which can be accomplished by filling out information such as phone number, email, and mailing address, utilized when submitting the claim.
• Status Review: Once the information gets verified, the status of the payment at present will be displayed, whether the claim is rejected, approved, or in progress. If someone has exceeded the deadline and has not submitted the claim, then one is not eligible to receive the payment.

What to Do if You Didn’t Receive Your Payment?

The following are some actions one can take if they have not received any news about their payment disbursement –

• Legal Support Channels must be confirmed: One may seek legal aid services and search for a consumer rights group that deals with class-action claims.
• Follow up with the Settlement Administrator: The claim number can be used for verification status, thereby making sure that no documentation has been left behind.
• Keep an eye on Cash App’s Official social media: One must keep a regular check on the social media of the Cash App. At times, the business can provide updates through social media platforms like Instagram or Twitter about the settlement.

FAQs

What to do if I want to change my contact details?

If your payment details, address, or email are changed, you have to report it to the Settlement Administrator so that they can update your details.

Whom should I contact if I have any queries about the Cash App Bank Settlement 2025?

If there is any query, you can either call 1-866-615-9740 or send an email to cashappsecuritysettlement.com.

What is the Cash App Settlement payout date?

It is anticipated that the Cash App Settlement will be paid by late 2025.