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Cash App Class Action Lawsuit

Updated
Block and Cash App Investing agreed to a $15,000,000 settlement of a lawsuit over two Cash App data security incidents and unauthorized account activity. The deadline to file a claim was November 18, 2024.
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What happens next with the Cash App settlement

The claim deadline passed on November 18, 2024. New claims for this settlement are no longer being accepted.

The court held its approval hearing on January 13, 2025. That was the final approval hearing, where a judge decides whether to approve the settlement. Nothing is paid out until that approval is final.

Payments come after approval, and after any appeals. Anyone who objected to the settlement can ask a higher court to look at it again — an appeal — and that has to finish first. Eligible payments are sent once approval is final, and the stretch from a claim deadline to money in hand often runs a year or more. It varies from one settlement to the next.

Filed this claim with Chimo? The status of your claim is on the claims page in your account.

2024 Class Action Settlements > Cash App Class Action

Cash App Class Action Lawsuit

If money left your Cash App account without your say-so, or you got a notice that someone had looked at your account data, this is the case that covered it.

The lawsuit, Salinas v. Block, Inc. and Cash App Investing, LLC, was filed in the U.S. District Court for the Northern District of California on August 23, 2022. According to the settlement notice, the people who sued say Block and Cash App Investing were negligent and broke other obligations to users in connection with a data security incident Cash App Investing disclosed in April 2022, when a former employee accessed account data without permission, and a data security incident Block disclosed in October 2023, when someone accessed certain Cash App accounts through recycled phone numbers linked to them.

The lawsuit also says the companies failed to put appropriate controls in place to stop unauthorized access to Cash App and Cash App Investing accounts, and mishandled customer complaints about unauthorized or fraudulent transactions. Negligence means failing to take the care a reasonable company would take. Block and Cash App Investing deny any liability or wrongdoing.

Lawsuit Name
Salinas, et al. v. Block, Inc. and Cash App Investing, LLC
Court
U.S. District Court for the Northern District of California
Case Number
3:22-cv-04823-SK
Filed
August 23, 2022
Defendants
Block, Inc. and Cash App Investing, LLC
Breach Dates
A data security incident Cash App Investing disclosed in April 2022, and one Block disclosed in October 2023
Settlement Fund
$15,000,000
Claim Deadline
November 18, 2024 (passed)
Final Approval
March 27, 2025
Settlement Administrator
Angeion Group, LLC
Lawyers for the class
Migliaccio & Rathod LLP, Federman & Sherwood, Kantrowitz, Goldhamer & Graifman, P.C., Gustafson Gluek PLLC and Scott Hirsch Law Group
Key Allegation
Block and Cash App Investing are accused of failing to protect users' accounts and data and of mishandling complaints about unauthorized transactions

Cash App Class Action Settlement - $15,000,000

Block and Cash App Investing agreed to pay $15,000,000 into a settlement fund to resolve the lawsuit, without admitting wrongdoing. The settlement is not a finding that either company broke the law. The companies also agreed to make improvements to their data security.

The fund paid attorneys' fees, a service payment to each of the three people who brought the case, and the cost of running the settlement. What was left went to people who filed a valid claim by November 18, 2024. The court held its final approval hearing on January 13, 2025, and granted final approval in part on March 27, 2025, in an order filed in the U.S. District Court for the Northern District of California (case 3:22-cv-04823-SK). The court awarded $5,000,000 in attorneys' fees, held back $500,000 of it until the lawyers file an accounting of how the money was paid out, and approved $1,515,687.00 for the claims administrator, Angeion Group.

Claims closed: November 18, 2024

Cash App Data Breach Class Action Payout: Est. about $13 per claim (up to $2,500 with proof)

The settlement paid three kinds of claim, each needing a valid claim form filed by November 18, 2024. Out-of-pocket losses traceable to a data security incident, an unauthorized account event or a problem resolving an error, between August 23, 2018 and August 20, 2024, could be reimbursed up to $2,500.00 with third-party documentation. Lost time could be paid for up to three hours at $25.00 per hour. Documented transaction losses from an unauthorized account event could be reimbursed too. If the money was not enough to pay every approved claim in full, payments were to be reduced pro rata, and any money left over was to be shared pro rata among people with approved claims.

Chimo estimates the average payment at about $13 per claim. That is the $8,476,813 left in the $15,000,000 fund after the $5,000,000 in attorneys' fees, $1,515,687 for the administrator and $7,500 in service payments, divided by the 667,985 claims the court's final approval order says were filed. Eligible claimants with documented losses could receive more, and the actual amounts depend on how many claims were approved.

Cash App Data Breach Class Action Eligibility

The settlement covered current and former customers of Block or Cash App Investing whose personal information, Cash App account or Cash App Investing account was accessed or obtained without their authorization from August 23, 2018 through August 20, 2024.

It also covered customers who had unauthorized or fraudulent withdrawals or transfers of money to or from a Cash App account or a linked account in that period, or a problem getting an error on the account resolved. People in the class had to file a claim by November 18, 2024 to be paid.

Were a current or former customer of Block or Cash App Investing
Had your personal information or account accessed without your authorization between August 23, 2018 and August 20, 2024
Or had unauthorized withdrawals or transfers, or an unresolved account error, in that period
Filed a claim by November 18, 2024

FAQ

No. The deadline to file a claim was November 18, 2024, and it has passed. The court granted final approval on March 27, 2025, so only people who filed a valid claim by the deadline share in the settlement fund.

The court documents do not give a payment date. The final approval order requires the lawyers to file an accounting after the money is paid out. For the status of a claim you filed, contact the settlement administrator, Angeion Group, through the official settlement website or at 1-866-615-9740.

Contact the settlement administrator, Angeion Group, through the official settlement website or by calling 1-866-615-9740. Have your claim details ready so the administrator can find your claim.

The settlement's claim window has closed, but you can still protect your account. Watch your Cash App and bank statements for transfers you did not make, report any to Cash App right away, and consider a credit freeze with the three credit bureaus. Be careful with any message about the breach that asks you to sign in or share a code.

No. Block and Cash App Investing deny any liability or wrongdoing. According to the settlement notice, they settled to avoid the expense, delay and uncertainty of a trial, and the settlement is not a finding that either company broke the law.

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