Cash App $15M security settlement deadline is here. What you need to know to file a claim. [USA TODAY]
Block, Inc. Class A, (SQ)
Last block, inc. class a, earnings: 2/26 04:05 pm
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Source: USA TODAY
If their Cash App account was a part of a December 2021 data and security breach, users of the mobile payment service have until Monday, Nov. 18, by 11 p.m. PT (or Tuesday before 2 a.m. ET) to file a claim. In a class-action lawsuit obtained by USA TODAY, the plaintiffs sued Cash App Investing and Block Inc. for the companies' "failure to exercise reasonable care in securing and safeguarding consumer information." The lawsuit came after the December 2021 data breach that resulted “in the unauthorized public release of the personally identifiable information of 8.2 million current and former Cash App Investing customers.” Money: FTC sends over $2.5 million to 51,000 Credit Karma customers after settlement In addition, a former employee gained access to Cash App users' personal information during their employment and downloaded the data without the users' knowledge, the lawsuit said. In the settlement, the mobile payment service was ordered to pay out $15 million in damages.
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SQ
Earnings
- 11/7/24 - Beat
SQ
Sec Filings
- 11/22/24 - Form 144
- 11/22/24 - Form 144
- 11/22/24 - Form 144
- SQ's page on the SEC website