Louisiana, Today is Your Last Day to File a Claim in the $15 Million Cash App Settlement

If you are a Cash App user in Louisiana, you might have money coming your way. However, today is the last day for you to file a claim in the $15 million class action settlement.

If your Cash App account was part of the December 2021 data and security breach, you have until Tuesday, Nov. 19 before 1:00 am to file a claim.

In the class-action lawsuit, plaintiffs sued Cash App Investing and Block Inc. for the companies' "failure to exercise reasonable care in securing and safeguarding consumer information."

The lawsuit was spawned as a result of the December 2021 data breach that resulted "in the unauthorized public release of the personally identifiable information of 8.2 million current and former Cash App Investing customers."

Additionally, a former employee gained access to Cash App users' personal information while working for the company and downloaded the data without the users' knowledge, according to the lawsuit.

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As part of the settlement, the mobile payment service was ordered to pay out $15 million in damages.

How do I know if I qualify to file a claim?

You qualify if you were a CashApp user who had unauthorized, fraudulent withdrawals or transfers of funds from your account between Aug. 23, 2018, and before Aug. 20, 2024.

If you meet those requirements, then you are eligible to submit a claim for up to $2,500, according to the Cash App website.

Users who qualify must also not have already been reimbursed by Block Inc., Cash App Investing, or a third party.

What types of claims can Cash App users file?

According to Cash App, users can submit the following:

• Out-of-pocket losses: Users can submit a claim that shows their Cash App account was involved in the data breach. If a user is eligible for reimbursement after submitting the required documentation to the company, they could receive up to $2,500.
• Lost time: Cash App users who submit a claim may be eligible for reimbursement for lost time. Users can submit a claim for up to three hours at a rate of $25 an hour for time spent regarding unauthorized users and data breach.
• Transaction losses: If a Cash App user experienced a monetary loss and has not been reimbursed, they will also be able to submit a claim.

What if I have more than one Cash App account?

In this case, users should only submit one form. If you have multiple Cash App accounts in which you want to submit a claim, it's recommended you list all of your Cashtags and information about each on a single claim form.

How can I submit a claim for the Cash App settlement?

To file a claim, Cash App users can submit a claim form at this link: https://cashappsecuritysettlement.com/submit-claim.

A reminder that the deadline is 1:00 am CST on Tuesday, November 19, 2024.