close
close

Semainede4jours

Real-time news, timeless knowledge

Here’s how to submit your claim and see if you qualify
bigrus

Here’s how to submit your claim and see if you qualify

play

Florida cash app Users who experience unauthorized access to their accounts have less than a week to file a claim for compensation As a result of a multi-million dollar deal

Cash App was hit with a $15 million lawsuit, filed in February of this year, alleging the company “failed to implement appropriate controls to prevent unauthorized access to and use of Cash App and Cash App Investing accounts” and “mishandled and failed to manage these accounts.” he had to pay. Adequately resolve customer complaints regarding unauthorized or fraudulent transactions.”

In December 2021, payment app Cash App experienced a data leak that exposed the personal information of more than 8 million Cash App Investing customers.

In addition to the required $15 million payment, the company also agreed to improve data security as a result of the settlement, but Cash App denies any liability or wrongdoing related to the allegations made in the lawsuit.

Here’s how to apply for Cash App payment.

When is the deadline to request the Cash App solution?

You must submit the completed request form by Monday, November 18.

Am I eligible for Cash App payment?

If you had a Cash App account between August 23, 2018 and August 20, 2024 and have not yet been refunded by Block Inc., Cash App Investing, or a third party, you are eligible to receive part of the Cash App settlement.

Here are the types of requests you can make with Cash App, according to Cash App and USA TODAY:

  • Out-of-Pocket Losses: This claim suggests that the user’s Cash App account was involved in the data breach. If a user is eligible for a refund, they will be able to receive up to $2,500 after submitting the necessary documents to the company.
  • Lost Time: Users can submit a claim for up to three hours at a cost of $25 per hour for time spent related to the data breach.
  • Transaction Losses: If the user loses money and does not receive a refund, he/she will be able to claim Transaction Losses.

How can I make a claim against Cash App?

If you have one claim, you can only file one. However, if you have more than one Cash App account to submit a claim, you can list all your CashTags and information about your claims in a single claim form, Cash App told USA TODAY.

Affected Cash App users can submit their claims by going to: Cashappsecuritysettlement.com/submit-claim.

How much money can I get in a Cash App deal?

If you qualify for the proposed settlement, you can claim up to $2,500 per person for your out-of-pocket losses and up to $25 per hour for reimbursement of up to 3 hours of lost time.

What happens if I don’t make a request? How to dispute the agreement, disable it

If users decide not to file a claim, they will not receive payment from this settlement and will waive the right to file, continue, or be part of another lawsuit against defendants with respect to legal claims resolved by this settlement.

Those who want to appeal the case or have themselves expelled also have less than a week to do so. If you decide to exclude yourself, you can object by writing to the court why you don’t like the agreement.

The website adds: “You may also ask the court for permission to speak about your objection at the final confirmation hearing. If you object, you may also file for a plaintiff’s award.”

If you choose to object, this will allow you to file, continue to sue, or become part of another lawsuit against the defendants regarding legal claims resolved by this agreement. Those who choose this option can choose legal counsel at their own expense, the website says.

Contributed by: Ahjane Forbes, USA TODAY