Cash App Settlement Class-Action Lawsuits - Important Details

Cash App settlement class-action lawsuits point to settlements involving Cash App and its parent company, Block Inc. The two important settlements are over a lawsuit over unauthorized "Invite Friends" text messages sent to Washington residents and a data breach settlement for affected Cash App Investing account holders. The settlement amount of the former case is $12.5 million, and the latter is $15 million. These settlements are a result of security lapses at the end of the Cash App. Both have a deadline within which affected users should file a claim to receive the rightful payout.

What Is the Cash App Invite Friends Settlement?

The “Invite-Friends” feature in the Cash App lets users send referral links/texts inviting contacts to join Cash App. The referral messages have things like “Try my code and get $5” with a link.

As per this lawsuit, many of those referral texts went to people in Washington who did not clearly consent to receive them. As a result, it breaches Washington's anti-spam and consumer-protection laws.  To resolve the case, Block/Cash App agreed to set up a $12.5 million fund for eligible people. Although Cash App did not accept the accusation, it agreed to pay in order to prevent another litigation.

Who Is Eligible for the Cash App Invite Friends Settlement?

You are eligible if you lived in Washington when you got such a text between about Nov 14, 2019, and Aug 7, 2025, and you didn’t give advance consent. In this case, you may file a claim. Every approved claimant is estimated to receive about $88 to $147. This is subject to the number of claims and final funding.

How to File a Claim

You must file a claim before October 27, 2025. Submit the claim online via the official settlement website at www.BottomsTextSettlement.com. Fill in the details asked for and submit the proof.

What Is the Cash App Investing Data Breach Settlement?

The Cash App investing data breach settlement is for the security breaches between August 2018 and August 2024 by Cash App. This settlement had a deadline of November 18, 2024. Users who filed a claim for this $15 million settlement may receive up to $2,500 for losses related to unauthorized transactions or privacy breaches. The roots of this Cash App settlement class-action lawsuit go back to a former employee of the service who allegedly accessed sensitive customer information from December 2021 to April 2022. They accessed the names, brokerage account numbers, and portfolio values of Cash App users. Besides former investing customers, this breach led to a leak of personally identifiable information of over 8 million users of this app.

Who Is Eligible for the Cash App Investing Data Breach Settlement?

You held a Cash App Investing account that was impacted by the data breach. Also, if Block Inc. or Cash App notified you that your information was compromised, then, too, you are eligible.

How to File a Claim?

If you are an affected user, Cash App will be in touch with you with more details. There is no need to file a separate claim with the Consumer Financial Protection Bureau (CFPB).

Conclusion

You now know all about Cash App settlement class-action lawsuits. If you are affected, make sure to submit a claim before the deadline. Investing users who were impacted by the second breach need not submit any claim.

Frequently Asked Questions

1. Who is eligible for the Cash App settlement?

Eligibility for the Cash App settlement depends on the specific lawsuit. Broadly, you must be a current or former user whose account was accessed without authorization. Also, you must have received unauthorized texts.

2. Do I qualify for a Cash App lawsuit?

Eligibility for Cash App lawsuits depends on the specific settlement. Generally, you should be a Washington resident who received unauthorized Cash App referral texts between 2018 and 2023. You can also be a user whose account was affected by a data breach between August 2018 and August 2024 or who experienced financial losses.

3. Which banks work with the Cash App?

Cash App works directly with Sutton Bank and Lincoln Savings Bank for its core banking features, such as providing a routing and account number for direct deposits and linking to other bank accounts.