If you want to benefit from the $15 million settlement, If you are also a consumer who was affected by the Cash Application data breaches in 2022 and 2023, then you can now present your eligibility through the $15 million cash application data breach class action settlement. It has been received in the information that two changes were announced for SSI and SSDI, and they were announced by Social Security. There is a provision for the CTC monthly payment schedule for the year 2024 to start in August 2024.
$15M cash app data breach class action settlement
The Social Security Commissioner said in his announcement that this $15 million cash app data breach class action settlement is related to people whose accounts and their personal information were compromised or consumers associated with such accounts who faced fraudulent transactions between August 23, 2018 and August 20, 2024.
In this sequence, a total of $150 million in tax exemptions has been made available in the state. That is why efforts have been made to introduce three major social security changes, i.e., social security checks, in August 2024.
Cash App Security Settlement Reddit 2024 Overview
Article Title | $15M cash app data breach class action settlement |
Category | Settlement |
Amount in total | 15 million dollar |
Per amount | 2500 dollar |
Date | 23 August 2018 to 20 August 2024 |
Total tax relaxation | 150 million dollars |
Settlement date | 18 November 2024 |
Claim Submission Process
If you are also one of those consumers who are proposed for a $15 million cash app data breach class action settlement, then you can submit your claim. According to the Claim Submission Process, if you want to get the benefit, then first of all, you should be a member of an eligible class, and you can submit your claim with a legal claim form by November 18, 2024.
You will need proof of purchase, an invoice, an account statement, a credit report, financial documents, or a police report to prove your claim.
What is the Deadline to Submit a Claim form
Events | Dates |
Exclusion and objection time limits | 01 november 2024 |
Claim Form Deadline | 18 November 2024 |
Final Acceptance Hearing | 16 December 2024 |
Eligibility criteria
To qualify for the $15 million cash app data breach class action settlement, you must be a current or former customer of the app. And customers whose personal information was obtained without their consent or knowledge. According to the eligibility criteria, such people were subjected to fraudulent withdrawals or transfers of funds between August 23, 2018 and August 20, 2024.
According to the eligibility criteria, additional compensation is available for those who experienced fraudulent transactions, but they must have sufficient documentation.
Class Action Settlements 2024
Class Action Settlements 2024 According to the claims, Cash App failed to protect consumers during two significant data breaches. In the first data breach, an employee was able to gain unauthorized access to Cash App investing accounts.
The second breach occurred in 2023, where the confusion was attributed to a third party that was obtaining information about recycled phone numbers. More information about the $15 million cash app data breach class action settlement can be obtained through its portal.
Cash App Security Settlement Real 2024
Cash App, known as a financial services platform for money transfer seller payments and investments, has admitted no wrongdoing and is therefore fully agreeing to a $15 million cash app data breach class action settlement.
The terms of the settlement include that affected class members will receive up to $2,500 for all material documented losses associated with the data breach. Damages for Cash App Security Settlement Real 2024 include credit costs, bank fees, and lost time of up to 3 hours.
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