The $12.5M Cash App class action settlement affects certain users and may result in a one-time payment of about $147 for eligible class members. This guide explains eligibility, how payments are calculated, and the steps to file a claim or track a distribution.
What is the 12.5M Cash App class action?
This class action is a legal settlement in which Cash App agreed to resolve claims brought by a group of users. The settlement fund totals $12.5 million and will be used to pay eligible claimants, administration costs, and attorney fees.
The settlement aims to resolve alleged issues raised in the lawsuit without a trial. If you received notice, it means a court has certified a class and approved a settlement distribution plan.
Who is eligible for the $147 payments?
Eligibility depends on the class definition approved by the court. Typical class definitions include date ranges, types of transactions, and geographic or residency limits.
- Users who used Cash App during the specified timeframe in the notice.
- Users who completed certain transactions or experienced the issues described in the settlement.
- Residents of the jurisdictions included in the class definition.
- Those who did not exclude themselves from the class before the opt-out deadline.
Check your settlement notice or the official settlement website to see the exact eligibility dates and conditions.
How to check if you’re included in the class
Follow these steps to confirm inclusion quickly:
- Search your email and physical mail for an official settlement notice from the claims administrator.
- Visit the settlement website listed in the notice and enter your email, phone number, or claim ID.
- Contact the claims administrator or class counsel using the phone number on the notice.
How $147 payments are calculated and distributed
The $147 figure is an approximate per-person payment based on dividing the net settlement fund by the number of valid claims. The exact amount can vary.
Common distribution steps include:
- Subtracting court-approved fees and administration costs from the $12.5M fund.
- Determining the total number of valid claims.
- Dividing the remaining fund among approved claimants, usually resulting in a similar estimated payment (e.g., about $147 each).
Payments are typically sent by check, direct deposit, or electronic transfer depending on the claim form option and the administrator’s process.
How to file a claim or object
If you believe you are eligible, file a claim before the deadline. The notice will include a deadline and instructions.
To file a claim:
- Go to the official settlement website listed in your notice.
- Complete the online claim form or download, print, and mail a paper form if available.
- Include any required documentation (receipts, account records) if the claim form asks for proof.
- Submit the claim and save confirmation or a copy of the submission.
To object to the settlement or request exclusion, follow the dates and procedures in the notice. Objections must typically be filed in writing with the court and the claims administrator by the specified deadline.
Distribution timeline and tracking your payment
Typical timeline steps you can expect:
- Claims filing period opens and closes (see your notice for exact dates).
- Claims are reviewed and validated by the claims administrator (this can take weeks to months).
- The court issues a final approval order if there are no successful objections.
- Payments are issued to approved claimants and the settlement is distributed.
To track your payment, use the settlement website’s claim lookup tool or call the claims administrator. Keep your claim ID and contact details handy when checking status.
What if you don’t receive notice
If you believe you should be in the class but did not get a notice, check the settlement website for an opt-in or late-claim procedure. Some settlements allow late claims with explanation; others do not.
Simple example: How a payment is calculated
Assume the $12.5M fund is reduced by $2M in fees and admin costs. That leaves $10.5M to pay claimants.
- If 71,428 valid claims are approved, each claimant would receive about $147 ($10,500,000 ÷ 71,428 ≈ $147).
This example shows why the per-person amount is an estimate until the final number of approved claims is known.
Case study: One claimant’s experience
Maria received a mailed notice and visited the official settlement site. She filled out the online claim form, uploaded a screenshot of a qualifying transaction, and received a confirmation email.
The claims administrator processed claims for three months. After final approval, Maria received an emailed notice that her claim was approved and a check arrived six weeks later. Her net payment matched the announced estimate.
Next steps and where to get help
To protect your rights, do the following now:
- Locate and read the settlement notice carefully.
- File your claim before the deadline and keep records of your submission.
- If you have questions, contact the claims administrator or class counsel listed in the notice.
Always confirm information on the official settlement website and consult a lawyer if you need legal advice about opting out, objecting, or taking other action.
Note: This article summarizes common procedures in class action settlements and is informational only. It is not legal advice.
