money App users have less than a month to file a claim for $15M safety breach settlement
money App users have less than a month to file a claim for $15M safety breach settlement
money App users have until Nov. 18, 2024 to submit their claim for reimbursement for the data and safety breach.
period is running out for money App users to file a claim for reimbursement for the data and safety breach. The deadline is coming in just a few weeks.
The mobile remittance service was ordered to pay out $15 million in damages in a recent settlement.
money App users could receive up to $2,500 after a data breach in December 2021 resulted “in the unauthorized community release of the personally identifiable information.” the class-action lawsuit obtained by USA TODAY detailed.
The plaintiffs in the suit sued money App Investing and Block Inc. for the companies’ “setback to exercise reasonable worry in securing and safeguarding buyer information.”
The breach affected 8.2 million current and former money App Investing customers, the lawsuit said.
In addition, a former employee gained access to money App users’ personal information during their employment and downloaded the data without the users’ knowledge, the lawsuit said.
If users had unauthorized or fraudulent withdrawals or transfers of funds from their money App account between Aug. 23, 2018, and before Aug. 20, 2024, they are eligible to submit a claim for up to $2,500, the money App website said.
Here is what you require to recognize about the money App settlement.
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Do I qualify to file a claim?
money App users must have had an account on Aug. 23, 2018, and before Aug. 20, 2024 to be able to file a claim. Users who qualify must not have already been reimbursed by Block Inc., money App Investing or a third event, the mobile remittance service said.
What types of claims can money App users file?
According to money App, a user can submit a claim for the following:
- Out-of-pocket losses: Users can submit a claim that shows their money App account was involved in the data breach. If a user is eligible for reimbursement after submitting the required documentation to the business, they could receive up to $2,500.
- Lost period: money App users who submit a claim may be eligible for reimbursement for lost period. Users can submit a claim for up to three hours at a rate of $25 an hour for period spent regarding the unauthorized users and data breach.
- trade losses: If a user experienced a monetary deficit and has not been reimbursed, they will be able to submit such a claim.
What if I have more than one money App account?
Users should submit only one claim form. But if you have multiple money App accounts for which you desire to submit a claim, the mobile remittance service recommends that users list all of their $(InsertYourCashTag) and information about their claims on a single claim form, money App said.
How can I submit a claim?
To file a claim, money App users can submit a completed claim form by the deadline Nov. 18. You can submit the form at https://cashappsecuritysettlement.com/submit-claim.
Ahjané Forbes is a reporter on the National Trending throng at USA TODAY. Ahjané covers breaking information, car recalls, crime, food recalls, health, lottery, and community policy stories. Email her at [email protected]. pursue her on Instagram, Threads, and X (Twitter) @forbesfineest.
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