Wed Oct 23 06:10:00 UTC 2024: **Summary of the Cash App $15 Million Settlement:**
1. **Eligibility:** Users of Cash App within the past six years may claim up to $2,500 due to a class action lawsuit against Cash App and its parent company, Block.
2. **Lawsuit Details:** The settlement stems from allegations of negligence after a former employee unlawfully accessed user account information in 2022, and another individual accessed accounts using recycled phone numbers in 2023.
3. **Claim Process:**
– Claims must be submitted by **November 18, 2024,** at 10:59:59 p.m. PT.
– Claims can be filed online or via mail at:
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Cash App Settlement
Attn: Claim Form Submissions
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
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– If you have multiple accounts, consolidate them onto one claim form.
4. **Opt-Out and Objections:** Users have until **November 1, 2024,** to opt out of the settlement or raise objections. The submission deadline was recently extended from October 15 to November 18, 2024.
5. **Final Approval Hearing:** Scheduled for **December 16, 2024,** at 9:30 a.m. PT, where payments will be distributed following approval.
6. **Background Information:** Cash App, launched in 2013 by Block, Inc., serves over 57 million monthly users and generates significant revenue. It provides various financial services, but is not a bank; banking services are offered through partner banks.
7. **Additional Note:** Users are encouraged to verify their eligibility and act promptly to secure potential compensation stemming from the settlement.
First Piper 