Final Call for Cash App Class Action Settlement- The Cash App Class Action Settlement 2025 offers eligible customers an opportunity to claim compensation for the alleged security lapses that led to unauthorized account access and fraudulent transactions. Cash App users who experienced these issues between August 23, 2018, and August 20, 2025, can file claims for up to $2,500 in compensation.
Notably, incidents included a 2022 breach involving a former employee accessing sensitive customer data and subsequent unauthorized transactions in 2023 linked to recycled phone numbers. While Cash App denied wrongdoing, the company agreed to settle the case to avoid further litigation costs.
Final Call for Cash App Class Action Settlement 2025
This settlement follows a lawsuit where plaintiffs accused Cash App and its parent company, Block (formerly Square), of negligence for failing to adequately protect user data and address security breaches. The Cash App Class Action Settlement 2025 has drawn significant attention due to its scope and the compensation it offers to affected customers.
With a total settlement fund of $15 million, this case stems from a class action lawsuit accusing Block, the parent company of Cash App, and Cash App Investing of failing to protect customer data properly. The plaintiffs alleged that security breaches at Cash App led to unauthorized access to user accounts, fraudulent transactions, and insufficient responses.
Final Call for Cash App Class Action Settlement 2025 Overviews
| Article Name | Final Call for Cash App Class Action Settlement 2025 Amounts, Objectives & Benefits |
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Settlement Fund Amounts
The settlement fund amounts to $15 million, which will be used to cover various expenses including legal fees, administrative costs, and direct compensation to eligible class members. Compensation is available for out-of-pocket losses, lost time, and transaction losses incurred due to the unauthorized access of accounts. Those who file valid claims can receive up to $2,500 for direct losses such as credit monitoring or overdraft fees, as well as reimbursement for up to three hours of time spent dealing with the fallout from these security issues, at a rate of $25 per hour.
To Qualify for Compensation
To qualify for compensation, customers must have had unauthorized transactions or security breaches involving their Cash App or Cash App Investing accounts. Affected users must submit their claims by November 18, 2025, to be eligible for compensation. The claims process can be completed online or via paper submission. Claimants must include supporting documentation, such as receipts or police reports, to substantiate their losses.
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Digital Finance Industry
This settlement not only provides financial relief to those impacted by the security breaches but also emphasizes the need for stronger security measures and better customer service within the digital finance industry. Eligible users are encouraged to submit their claims as soon as possible before the deadline, ensuring they receive the compensation they deserve. A proportional share based on the total settlement fund available.
Settlement Objectives and Benefits
The settlement primarily aims to compensate individuals who were affected by the data breaches and security issues. This includes reimbursement for out-of-pocket expenses, lost time, and transaction losses that were directly caused by the unauthorized access to their accounts. The settlement also aims to enhance security protocols within Cash App, ensuring that similar issues do not occur in the future.
- Out-of-pocket losses: Up to $2,500for expenses such as credit monitoring, identity theft protection, costs incurred for credit freezes, replacement of lost payment cards, and bank fees (e.g., overdraft charges) that were not reimbursed by Cash App or other financial institutions.
- Lost time: Compensation for up to three hoursof lost time spent dealing with the fallout from the breaches, with claimants receiving $25 per hour for time spent on activities such as contacting customer service, filing police reports, or dealing with fraudulent charges.
- Transaction losses: If claimants can provide evidence of documented financial lossesdue to unauthorized transactions that were not compensated by Cash App or other financial institutions, they may be reimbursed for these losses as well.
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Who is Eligible?
To be eligible for the Cash App Settlement 2025, individuals must meet the following criteria:
- Current or former customersof Cash App or Cash App Investing (including affiliates, parents, or subsidiaries).
- Individuals who experienced unauthorized accessto their Cash App account or Cash App Investing account or had their personal information obtained without their permission between August 23, 2018, and August 20, 2025.
- Those who experienced unauthorized transactions, such as fraudulent withdrawals, transfers, or account access, and had difficulty resolving these issues with Cash App or Cash App Investing during this time period.
Claim Submission Process
- Identify eligibility: Review the terms of the settlement to ensure that you meet the eligibility criteria. If you had issues with your Cash App or Cash App Investing account within the specified dates, you may qualify.
- Gather supporting documentation: To submit your claim, you will need to gather relevant documentation, such as:
- Receipts or transaction records showing the unauthorized transactions.
- Bank statements or financial records that demonstrate out-of-pocket losses.
- Police reports, letters, or emails showing your attempts to resolve the issue with Cash App.
- Complete the claim form: The claim form is available online, and you can also submit a paper form if preferred. Make sure to complete the form accurately and attach all necessary documentation to support your claim.
- Submit your claim: Submit the completed form and documentation via the online portal or by mailing it to the settlement administrator. The deadline for submission is November 18, 2025.
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Additional Information and Support
For those who need additional assistance, the Cash App Security Settlement Administrator is available to help. The administrator can provide support regarding the claims process, answer questions about eligibility, and guide you through submitting the necessary documentation. It is important to keep your contact information up to date after submitting your claim to ensure you receive any compensation you may be entitled to.
Impact of the Settlement
This settlement is significant not only because it compensates affected users but also because it highlights the importance of strong cybersecurity measures in protecting customer data. Given the growing use of digital payment platforms like Cash App, maintaining robust security systems is critical to safeguarding users against fraud and unauthorized access. For Cash App, agreeing to the settlement provides a way to resolve the legal claims without admitting fault, while at the same time avoiding the significant costs and uncertainties associated with prolonged litigation.
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Conclusion
The Cash App Class Action Settlement 2025 offers important compensation for users who have suffered due to security lapses and unauthorized access to their accounts. With a $15 million settlement fund, affected customers may be entitled to compensation for out-of-pocket expenses, time lost, and transaction losses. Fast approaching—November 18, 2025—so it is crucial that eligible users submit their claims as soon as possible. By filing a claim, affected customers can receive reimbursement for the financial losses they incurred due to the security breaches and also help ensure that Cash App.
Final Call for Cash App Class Action Settlement FAQ’S
How to claim the Cash App settlement?
Cash App customers may submit a completed claim form by November 18, 2025, for consideration. You can submit your claim form at cashappsecuritysettlement.com/submit-claim.
How does cash settlement work?
A cash settlement is a technique of settling some futures and options contracts in which, following expiration or execution, the seller of the financial instrument transfers the related cash position rather than the actual (physical) underlying asset.
Why is Cash App refunding?
Cash App checks your account for anything out of the norm. We cancel any potentially fraudulent payments to avoid you from being charged. When this happens, your monies will be immediately refunded to your Cash App balance or associated bank account.
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