If you have used the Cash App mobile payment service in the last six years, you might be entitled to a payout of up to $2,500. This opportunity arises from a proposed $15 million class-action settlement alleging that Cash App and its parent company, Block, failed to safeguard user accounts against unauthorized access.

The lawsuit claims that Block and Cash App were negligent in protecting user data. Notably, a former Cash App Investing employee accessed account information without permission in 2022. Furthermore, an unauthorized user exploited recycled phone numbers to access certain accounts in 2023.

^{Who Qualifies for a Settlement Payout?}

You may be eligible to file a claim if any of the following criteria apply to you between August 23, 2018, and August 20, 2024:

• Current or Former Users: Your personal information, Cash App account, or Investing account was accessed or obtained without your consent.
• Unauthorized Transactions: You experienced unauthorized or fraudulent withdrawals or transfers of funds.
• Unresolved Errors: You faced deficiencies in the resolution of errors in your Cash App or linked financial accounts.

^{Potential Compensation Details}

Eligible users can claim up to $2,500 for out-of-pocket losses, which include costs related to credit monitoring. Additionally, you can receive $25 per hour for up to three hours as reimbursement for lost time. Claims for documented transaction losses are also accepted, requiring third-party documentation.

^{How to File Your Claim}

To participate in the settlement, you must submit a claim form by November 18, 2024. Claims can be filed online or mailed to the following address:

Cash App Settlement
Attn: Claim Form Submissions
1650 Arch Street, Suite 2210
Philadelphia, PA 19103

Note: The form currently lists October 15, 2024, as the deadline. Clarification has been sought from the settlement administrator.

^{Timeline for Receiving Payouts}

A final approval hearing for the Cash App settlement is scheduled for December 16, 2024. If the settlement is approved, payments will be distributed after this date.