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Stock impact report

Cash App settlement: Deadline to submit claim for up to $2,500 nears [Yahoo! Finance]

Block, Inc. Class A, (SQ) 
Last block, inc. class a, earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: squareup.com/about/investors
Company Research Source: Yahoo! Finance
Block Inc., which owns Cash App, and Cash App Investing were accused of negligence and breaching obligations they had to users in 2022 when a former employee accessed account data without permission . Block said in a 2022 filing with the U.S. Securities and Exchange Commission that it was notifying roughly 8.2 million current and former users about the incident. According to the lawsuit, Block was negligent again in 2023 when “an unauthorized user” gained access to some Cash App accounts while using recycled phone numbers linked to those accounts. IRS unveils 2025 income tax brackets: Where do you fall? Block and Cash App Investing were also accused of failing to take the necessary steps to protect accounts after both incidents and did not “adequately resolve customer complaints regarding unauthorized or fraudulent transactions.” While Block and Cash App Investing denied liability and wrongdoing, they agreed earlier this year to the $15 million settlement A website dedicate Show less Read more
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