In 2025, a major legal development has impacted millions of users of the popular peer-to-peer payment platform, Cash App. A class action settlement of $15 million has been established in response to a significant data breach incident. If you’re a past or present user of Cash App or Cash App Investing, it’s crucial to understand what this settlement means, whether you qualify for a payment, and how to claim your portion of the funds before the November 18, 2025 deadline.
Summary Table: Cash App Class Action Settlement 2025
| Key Details | Information |
|---|---|
| Class Action Title | Cash App Class Action Settlement |
| Country | Canada |
| Accused Parties | Cash App & Block, Inc. |
| Settlement Amount | $15.6 million |
| Maximum Individual Payout | Up to $2,500 |
| Claim Deadline | November 18, 2025 |
| Final Hearing Date | April 13, 2025 (rescheduled from November 2024) |
| Estimated Payment Timeline | 9–12 months after the final approval |
| Official Settlement Website | cashappsecuritysettlement.com |
What Is the Cash App Class Action Lawsuit About?
The Cash App Class Action lawsuit, initiated in California in December 2021, stems from allegations of inadequate data security and a significant data breach involving 8.2 million users. In 2022, a former employee allegedly accessed and downloaded sensitive user data without authorization. The situation escalated in 2025 when an “unauthorized user” exploited recycled phone numbers to gain access to Cash App accounts.
The parent company, Block Inc., and its subsidiary, Cash App Investing, were also accused of not taking appropriate action to resolve user complaints and failing to implement sufficient safeguards to prevent fraudulent or unauthorized transactions.
Details of the Cash App Settlement
To resolve the legal action, a $15.6 million fund has been created for eligible Cash App users. The court has tentatively approved the settlement, with the final hearing scheduled for April 13, 2025.
Once the settlement receives final approval, eligible claimants may begin receiving their payments within 9 to 12 months.
How Much Can You Claim?
Under the terms of the settlement:
- You may receive up to $2,500 in reimbursement for out-of-pocket expenses caused by unauthorized access or fraudulent activity.
- You may claim $25 per hour for up to three hours of lost time, such as dealing with customer service or recovering access to your account.
To claim your compensation, your submission must be made by November 18, 2025, at 10:59:59 PM PT.
Eligibility Criteria
To qualify as a class member for the Cash App Class Action Settlement, you must meet the following conditions:
- Be a current or former user of Cash App or Cash App Investing.
- You must have held an account between August 23, 2018, and August 20, 2025.
- You experienced unauthorized or fraudulent activity, such as unapproved withdrawals, data breaches, or account access.
- You must provide supporting documentation for your claims of financial loss or time spent.
Steps to Submit Your Claim
- Visit the Official Settlement Website: Go to cashappsecuritysettlement.com.
- Fill Out the Claim Form: Complete the online form with accurate personal and transaction details.
- Attach Documentation: Include evidence of unauthorized transactions, correspondence with Cash App, or screenshots as required.
- Submit Before the Deadline: Ensure your claim is filed before the November 18, 2025 deadline.
Why Is This Settlement Important?
This settlement not only compensates affected users but also holds Cash App and its parent company accountable for lapses in data security. With cyber threats becoming more frequent, companies are expected to safeguard user data diligently.
The decision to offer financial redress for unauthorized access and negligence marks a significant step in enforcing privacy rights for digital payment users.
Contact Information for Support
If you need help with your claim or require more information, contact the Settlement Administrator:
- Phone: 1-866-615-9740
- Website: cashappsecuritysettlement.com
For legal support, you may also contact:
- Kantrowitz, Goldhamer & Graifman, P.C.
- Phone: 201-897-7293
- Website: kgglaw.com
Frequently Asked Questions (FAQs)
Q1: Who qualifies for the Cash App class action settlement?
Ans. Anyone who had a Cash App or Cash App Investing account between August 23, 2018, and August 20, 2025, and experienced unauthorized access or fraudulent transactions.
Q2: How do I claim the $2,500 settlement?
Ans. Visit the official settlement site and complete the claim form before the deadline with supporting documentation.
Q3: Is there a deadline to file the claim?
Ans. Yes, claims must be submitted online by November 18, 2025.
Q4: When will I receive the payment?
Ans. Payments are expected to be distributed 9 to 12 months after the final approval hearing scheduled for April 13, 2025.
Q5: What happens if I miss the deadline?
Ans. You may not be eligible for compensation if the claim is submitted after the deadline. Contact legal representatives for advice if you’ve missed it.
Conclusion
The Cash App Class Action Settlement represents a crucial opportunity for affected users to receive compensation for security-related issues. With millions potentially impacted, it’s essential for eligible users to file their claims on time and protect their rights. This settlement not only brings closure to a serious data breach but also highlights the growing accountability tech companies face in protecting user information.
Visit cashappsecuritysettlement.com today to confirm your eligibility and submit your claim.
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