A $12.5 million settlement involving Cash App has sparked attention after reports suggested eligible individuals could receive payments of up to $147. The case centers around allegations related to unsolicited spam text messages, and now affected users may qualify for compensation.
Here’s what you need to know about the settlement, eligibility, and potential payment amounts.
What the Lawsuit Was About
The settlement involves claims that marketing or promotional text messages were sent without proper consent. While the company has not admitted wrongdoing, the agreement resolves the dispute and avoids further litigation.
Cash App agreed to the financial settlement to address the allegations and compensate eligible claimants.
Who May Be Eligible for the $147 Payment
Individuals may qualify if they:
Received qualifying unsolicited text messages
Were part of the defined class period in the lawsuit
Submitted a valid claim form before the official deadline
The exact eligibility criteria depend on the settlement agreement terms.
Is Everyone Guaranteed $147?
No. The “up to $147” figure represents an estimated maximum payout. The final amount depends on:
The total number of approved claims
Administrative costs
Attorney fees deducted from the settlement fund
If more people file claims, individual payments may be lower.
How and When Payments Are Sent
Settlement payments are typically distributed after final court approval and claim verification. Eligible recipients may receive funds through:
Direct deposit
Mailed checks
Digital payment options
Processing timelines vary depending on court schedules and claim review procedures.
What to Do If You Filed a Claim
If you submitted a valid claim before the deadline, monitor email and official settlement updates for payment announcements. Keep your contact and banking information current to avoid delays.
If you did not file a claim before the cutoff, you may not be eligible for compensation.
Conclusion: The Cash App $12.5 million settlement offers potential payments of up to $147 for eligible individuals who received qualifying spam text messages. Final payment amounts depend on the number of approved claims and court approval timelines. Staying informed through official settlement communications ensures you receive accurate updates.
Disclaimer: Settlement details, eligibility criteria, and payment amounts are determined by court-approved agreements. Individuals should refer to official settlement notices for accurate and personalized information.