If you’ve been impacted by recent data breaches or unauthorized transactions involving Cash App Investing, LLC or Block, Inc., you may be entitled to compensation under the Cash App Class Action Settlement 2025. With deadlines fast approaching, here’s how to take advantage of this settlement and claim your rightful payment.
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What Is the Cash App Class Action Settlement 2025?
The Cash App Class Action Settlement 2025 stems from a lawsuit (Salinas, et al. v. Block, Inc. and Cash App Investing, LLC) that accuses Block, Inc. and Cash App Investing of negligence, misrepresentation, and other failures in relation to:
- A data breach disclosed in April 2022 by Cash App Investing.
- Another data breach disclosed in October 2023 by Block, Inc.
- Alleged unauthorized or fraudulent transfers and withdrawals involving Cash App accounts.
While Block and Cash App Investing deny any wrongdoing, they have agreed to settle the case, providing financial compensation to eligible claimants.
Who Can Benefit from the Settlement?
If you used Cash App Investing, experienced unauthorized account activity, or were affected by the data breaches, you may qualify for compensation under the Cash App Class Action Settlement 2025.
Important Deadlines You Need to Know
- Claim Submission Deadline: November 18, 2024
Submit your claim form by this date to be eligible for a cash award. - Exclusion Deadline: November 18, 2024
If you wish to exclude yourself from the settlement and retain the right to sue independently, you must opt out by this date. - Objection Deadline: January 13, 2025
If you want to challenge the settlement terms, you need to file an objection before this date. - Final Approval Hearing: January 13, 2025, at 9:30 AM PST
The court will review and decide whether to approve the settlement.
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What Are Your Options Under the Cash App Class Action Settlement 2025?
- Submit a Claim Form
By submitting a claim, you can receive compensation for:- Out-of-Pocket Losses caused by fraudulent activity.
- Lost Time spent addressing unauthorized transactions.
- Transaction Losses linked to your Cash App account.
- Exclude Yourself
Opting out ensures you retain the right to file your own lawsuit but disqualifies you from receiving settlement payments. Exclusion Deadline: November 18, 2024 - Object to the Settlement
If you disagree with the terms of the settlement, you can file an objection and attend the Final Approval Hearing to express your concerns. Objection Deadline: January 13, 2025 - Do Nothing
If you take no action, you will forfeit your right to compensation and the ability to sue for related claims in the future.
How to File a Claim for the Cash App Class Action Settlement 2025
- Access the Claim Form
Visit the Settlement Administrator’s Website or call 1-866-615-9740 to obtain a claim form. - Provide Supporting Documentation
Include evidence of your losses, such as transaction records, bank statements, or any correspondence related to unauthorized activity. - Submit Your Claim
Ensure your claim form is fully completed and submitted before the November 18, 2024, deadline.
What Happens After the Final Approval Hearing?
Following the January 13, 2025, hearing, if the court approves the settlement, payments will be distributed to eligible claimants.
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Why You Should Act Now
The Cash App Class Action Settlement 2025 provides a rare opportunity to be compensated for data breaches and unauthorized account activity. Missing the deadlines means forfeiting your right to a payment. Don’t delay—submit your claim today!
Need More Information?
For further details, visit the Settlement Administrator’s Website or call 1-866-615-9740. Stay informed and ensure you protect your rights under the Cash App Class Action Settlement 2025.
Final Note: Time is of the essence. Make sure to take advantage of the settlement by acting before the November 18, 2024, deadline to secure your rightful compensation.
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