Cash App Settlement Payout Date 2026: When Will Payments Be Sent — Court Grants Final Approval of $15M Data Breach Settlement
By Steve Levine
Published: April 2, 2026
The $15 million Cash App data breach class action settlement has received Final Approval from the Court, and settlement payments are now being distributed to approved claimants. If you filed a claim in the Salinas, et al. v. Block, Inc. and Cash App Investing, LLC settlement, here is everything you need to know about the payment timeline and what to expect.
On March 27, 2025, the District Court for the Northern District of California granted Final Approval of the settlement in Salinas, et al. v. Block, Inc. and Cash App Investing, LLC, Case No. 22-cv-04823. A copy of the Final Approval Order is available on the official settlement website.
Here is the latest on the Cash App settlement payment timeline:
• Final Approval: Granted on March 27, 2025. No further appeals have been reported.
• Electronic Payments: Electronic payments began on April 10, 2025.
• Check Payments: Checks were mailed starting April 20, 2025.
• Claims Deficiency Review: Review of claim form deficiency responses is currently ongoing. Additional settlement payments will be issued to approved claims following the completion of the claims deficiency cure process.
• Total Claims Filed: Over 667,000 claims were submitted.
• Approved Claims: Approximately 40,380 claims have been approved for payment, totaling $5.6 million. Many claims were reviewed as improper, fraudulent, or were denied as ineligible.
• Estimated Payout: Individual payments are estimated to be around $200, but amounts vary based on transaction volume, fees paid, and documented issues.
No. The deadline for Claim Forms to be submitted was November 18, 2024. Late Claim Forms are no longer being accepted. If you missed the filing deadline, you are no longer able to submit a claim for this settlement.
The class action lawsuit alleged that Block, Inc. and Cash App Investing, LLC were negligent, made misrepresentations, and breached obligations to their users in connection with three central issues:
• April 2022 Data Breach: A data security incident that Cash App Investing disclosed in April 2022, in which a former employee accessed customer reports containing personal and financial information without authorization.
• October 2023 Data Breach: A separate data security incident that Block disclosed in October 2023, further compromising customer data.
• Unauthorized Transactions: Alleged unauthorized and fraudulent withdrawals and transfers of funds to or from Cash App accounts and linked accounts, as well as issues with complaint and error resolution processes.
Block, Inc. and Cash App Investing contested these claims and denied any wrongdoing. The $15 million settlement was reached to resolve the dispute without an admission of liability.
You may be eligible for the Settlement Class if you are a current or former customer of Cash App, Cash App Investing, or any of their affiliated companies, and:
• Your personal information, Cash App account, or Cash App Investing account was accessed without your authorization, or
• You experienced unauthorized or fraudulent withdrawals or transfers of funds, or
• You encountered unresolved errors in your Cash App account or any linked financial account between August 23, 2018, and August 20, 2024.
The total settlement fund is $15 million. The exact amount each claimant receives depends on the number of valid claims submitted and the specific losses documented. The settlement covers three categories of compensation:
• Out-of-Pocket Losses: Reimbursement for documented expenses incurred as a result of the data breaches or unauthorized transactions.
• Lost Time: Compensation for time spent dealing with issues caused by the data breaches, such as monitoring accounts, placing fraud alerts, or communicating with banks.
• Transaction Losses: Reimbursement for unauthorized or fraudulent transactions on Cash App accounts.
Based on the approximately 40,380 approved claims and $5.6 million in approved payments so far, the average payout is estimated at around $200 per approved claimant. However, this number may change as the claims deficiency review process is completed.
If you filed a claim and want to check on its status, you have two options:
Online: Visit the official settlement website at CashAppSecuritySettlement.com. You can use the "Look Up Notice ID" feature to find information about your specific claim.
Phone: Contact the Settlement Administrator at 1-866-615-9740 for assistance with your claim status.
If your claim had a deficiency, you may have received a notice asking for additional information. The review of these deficiency responses is currently ongoing, and payments for claims that are subsequently approved will be issued after the cure process is complete.
Claim Deadline: November 18, 2024 (Closed)
Exclusion Deadline: November 18, 2024 (Closed)
Objection Deadline: November 18, 2024 (Closed)
Final Approval Hearing: January 13, 2025 at 9:30 AM PST
Final Approval Granted: March 27, 2025
Electronic Payments Began: April 10, 2025
Check Payments Mailed: Starting April 20, 2025
Claims Deficiency Review: Ongoing
Case Name: Salinas, et al. v. Block, Inc. and Cash App Investing, LLC
Case Number: 22-cv-04823
Court: District Court for the Northern District of California
Settlement Amount: $15,000,000
Defendants: Block, Inc. and Cash App Investing, LLC
Total Claims Filed: Over 667,000
Approved Claims: Approximately 40,380 (totaling $5.6 million)
Estimated Individual Payout: ~$200
Settlement Website: CashAppSecuritySettlement.com
Settlement Administrator Phone: 1-866-615-9740
If you were part of the Settlement Class but did not file a claim or opt out, you are automatically part of the settlement. This means you will not receive a payment, and you have given up the right to sue, continue to sue, or be part of another lawsuit against Block, Inc. or Cash App Investing related to the legal claims resolved by this settlement.
If you opted out of the settlement before the November 18, 2024 exclusion deadline, you retain the right to pursue your own legal action against the defendants.
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About This Article
This article provides updates on the Cash App data breach class action settlement payment timeline. The claim deadline has passed and late claims are no longer being accepted. OpenClassActions.com is a consumer advocacy and class action news site, and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.
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