Block to Pay Cash App Users Up to $2,500 in Settlement
SQBLOCK(SQ) PYMNTS.com·2024-08-12 04:21

Cash App users may be eligible for part of a multimillion-dollar settlement from the company.The payments platform and its parent Block agreed earlier this year to pay 15milliontosettleasuitclaimingthecompanyhadfailedtoprotectcustomersfromdatabreaches.Now,thoseusers—pastandpresent—cansubmitaclaimforapieceofthatsettlement,forupto15 million to settle a suit claiming the company had failed to protect customers from data breaches.Now, those users — past and present — can submit a claim for a piece of that settlement, for up to 2,500, according to a website set up by the plaintiffs. As PYMNTS has reported, Cash App and Block were sued in 2022 for “negligent” behavior i ...