UnitedHealthcare to Pay Millions in Robocall Settlement – Are You Eligible?The Cash App settlement aims to compensate affected users for unauthorized transactions, data breaches, and mismanagement of customer complaints. Block, Inc. and Cash App Investing, LLC allegedly failed to implement adequate security measures, leading to fraudulent withdrawals and unauthorized access to user accounts.
A court-approved settlement of up to $2,500 per eligible claimant will be distributed to qualifying individuals who experienced security breaches between August 23, 2018, and August 20, 2024. If you qualify, you may receive your settlement funds via direct deposit or a physical check by mail in late 2025.
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Cash App Settlement Final Approval and Payout Date
The final court approval for the Cash App settlement was granted on January 13, 2025, at 9:30 AM PST.
While the official payout date has not yet been disclosed, it is expected that qualifying individuals will receive their payments by late 2025—provided there are no further appeals or delays.
To ensure you receive your settlement on time, applicants should review their submission details carefully and ensure all required documents are in order.
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How Much Will You Receive from the Cash App Settlement?
The amount you receive depends on the type of claim you submitted:
1. Reimbursement for Lost Time
- If you spent over three hours addressing unauthorized transactions or data breaches, you are eligible for $25.00 per hour for the time lost.
2. Transaction Losses
- If you submitted a valid claim for reimbursement of documented fraudulent transactions, you will receive a settlement payout based on your loss amount.
3. Out-of-Pocket Losses
- If you suffered financial loss due to a data security incident, unauthorized account activity, or fraudulent transactions from your Cash App or Cash App Investing account, you can receive a maximum payout of $2,500.00.
Who is Eligible for the Cash App Settlement Payout?
To qualify for the settlement, claimants must meet the following eligibility criteria:
- Must be a current or former user of Cash App or Cash App Investing (including any affiliates, subsidiaries, or parent companies).
- Personal account details must have been accessed without authorization, leading to fraudulent withdrawals or transactions.
- Must have suffered financial loss due to unauthorized activity or a failure to resolve disputes between August 23, 2018, and August 20, 2024.
- A valid claim form must be submitted before the deadline of November 18, 2024.
- Must be a permanent resident of the United States to be eligible for compensation.
If you meet these conditions, you should ensure your claim is properly submitted to avoid delays in your payout.
What to Do If You Haven’t Received Your Cash App Settlement Payout
If you qualify for the settlement but haven’t received your funds, follow these steps:
1. Verify Your Payout Method
- Double-check your payment method selection—those opting for direct deposit may receive funds faster than those who selected a physical check.
2. Be Patient and Allow Processing Time
- The settlement distribution process can take time. Allow 4-5 business days for processing before contacting the settlement administrator.
3. Contact the Settlement Administrator
- If delays persist, reach out to the Cash App settlement administrator at 1-866-615-9740 for further assistance.
4. Check for Incorrect Information
- If any errors were made on your claim form, update your details as soon as possible to avoid extended delays in receiving your payout.
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Final Thoughts: Stay Informed and Claim Your Cash App Settlement
The Cash App settlement payout offers affected users up to $2,500 in compensation for security breaches and unauthorized transactions. Ensure you meet the eligibility criteria and submit a valid claim before November 18, 2024, to receive your payout in late 2025.
For updates and further details, monitor official Cash App settlement communications or contact the settlement administrator directly.
Stay informed and secure your rightful compensation today!
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