How to get up to $2,500

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Application “Cash”. is expected to pay up to $15 million in a class-action lawsuit over two data security incidents and the company’s practices regarding unauthorized account access and fraudulent transactions, meaning affected Cash App users can now file a claim get up to 2500 dollars

In a innings with the US Securities and Exchange Commission, Cash App said the first data breach came from a former employee. “We have determined that a former employee downloaded certain reports from our subsidiary Cash App Investing in December 2021, which contained some information about US customers, without authorization after the former employee was terminated.”

According to the class action lawsuit it actions of a former employee and access to customer information resulted in the sensitive personal information of 8.2 million Cash App customers being published online. Another data breach occurred last year when Cash App discovered access to some customers’ accounts and unauthorized transactions.

The complaint claims that Cash App and its parent company Block (formerly Square) have “negligent security features, protocol, systems, validation and design.” However, Cash App and Block deny any wrongdoing. PCMag has reached out to Cash App for comment.

How to file a claim

Any Cash App customers or Cash App investors who suspect that their Cash App accounts have been accessed by an unauthorized entity, have seen fraudulent transactions in their accounts, believe that the Cash App error was inappropriate, or have otherwise seen, how their confidential personal information was transferred through the Cash App between August 23.08.2018 and 20.08.2024 have the right to file a claim.

When making a claim for transaction losses because someone hacked your account, you’ll need to provide documentation that proves it happened and that you took steps to report it. Any correspondence from Cash App regarding the incident, a police report, a report with your bank or credit union, a report with the FTC or other government agency, or a report with the Better Business Bureau, for example, may be sufficient as proper documentation. if it was done within the above time period.

Eligible persons should submit a claim to November 18, 2024through the village official site.

If you are eligible but wish to opt out of the agreement and preserve your future right to sue Cash App, the deadline to file an opt-out claim is November 1st. Those who disagree with the deal also have until November 1 to file objections.