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If you filed a valid claim by November 18, 2024, you may be entitled to up to $2,500 for out-of-pocket costs, along with additional compensation for lost time. Here’s everything you need to know about tracking your settlement status, eligibility, payout details, and the anticipated timeline for receiving your payment.
What is the Cash App Settlement 2025?
The Cash App Settlement 2025 stems from a class-action lawsuit regarding fraudulent transactions and data breaches that affected Cash App and Cash App Investing users. The lawsuit claimed that Cash App failed to adequately protect user data, leading to financial losses, unauthorized account breaches, and other security issues.
To resolve the complaint, Cash App agreed to pay $15 million to compensate users who were affected during the eligibility period. If you used Cash App during this timeframe and suffered financial losses, you may qualify for a portion of the settlement fund, provided you filed a claim before the deadline.
How to check your Cash App Settlement status
To determine whether you’ve received your Cash App Settlement 2025 payout, follow these steps:
Contact the settlement administrator:
Call +1-866-615-9740 to inquire about the status of your settlement claim. Be sure to have your Confirmation Code and Claimant ID handy.
Check the official settlement website:
Visit the official Cash App Settlement website for the latest updates on claim approvals and payout schedules.
Monitor your email:
Keep an eye on your inbox for emails from the settlement administrator, which will provide payout information. If additional documents are required, respond promptly to avoid delays.
Track your bank or payment account:
If you chose PayPal, Zelle, or direct deposit for your settlement payment, check your bank transactions regularly to see if the funds have been deposited.
Payout Information for Cash App Settlement 2025
Here’s a breakdown of what you may receive from the Cash App Settlement 2025 if you qualify:
Out-of-Pocket Losses:
You could receive up to $2,500 if you lost money due to fraudulent transactions or security issues. To claim this, you’ll need to provide documentation such as receipts, bank statements, and fraud reports.
Compensation for Lost Time:
If you spent time resolving fraud-related issues, such as contacting customer support or securing your account, you could be eligible for compensation of $25 per hour, up to a maximum of $75 (for three hours).
Transaction Losses:
You may also receive a portion of the settlement if you experienced transaction losses between August 23, 2018, and August 20, 2024. Supporting documents such as police reports or bank notices will be required to validate your claim.
Also read: Cash app settlement payout date 2025: When will the money be credited?
The Cash App Settlement 2025 provides much-needed relief for users who were impacted by fraudulent transactions and data breaches. With the payout process underway, it’s essential to stay informed about your claim’s status and the upcoming payout schedule. By following the steps above, you can ensure that you track your settlement progress and receive the compensation you’re entitled to.
