Current and former Cash App users could be eligible for a hefty piece of a proposed class-action settlement from the popular online payment service. Earlier this year, Cash App Investing and its parent company Block Inc. agreed to pay $15 million to settle a lawsuit .
FILE - Cash App logos are seen on a phone screen, Sept. 8, 2023, in New York. NEW YORK — Current and former Cash App users could be eligible for a hefty piece of a proposed class-action settlement from the popular online payment service.
The class-action pointed to a 2021 incident, which the company disclosed in 2022, where a former employee downloaded reports of some U.S. users without permission. It also noted another breach disclosed in 2023, when an unauthorized user accessed some Cash App accounts using phone numbers that were linked to them.Explorer’s family could have difficulty winning their lawsuit against Titan sub owner, experts sayCash App and Block have denied any wrongdoing.
Those eligible include current or former Cash App customers who have been impacted by unauthorized access of their personal information or fraudulent withdrawals between Aug. 23, 2018 through Aug. 20 of this year. You may have received a personalized notice informing you about eligibility for the settlement by mail or email — but if not, there’s also an option to manually provide information about your situation online.
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