This guide explains what 147 Cash App checks were, why they led to a 12.5M class action settlement, and what affected users should do now. Follow the steps below to see if you qualify and how to file a claim.
What are 147 Cash App Checks?
The term refers to a specific batch of mailed or issued checks linked to Cash App account activity labeled with code 147. These checks were part of account reconciliations and customer reimbursements that some users say were incorrect or delayed.
Allegations included missing payments, wrong amounts, and poor customer notice. The class action argued those problems affected many users and caused financial harm.
Background of the 12.5M Class Action Settlement
The lawsuit accused the company of failing to pay or properly notify customers about 147 checks. After negotiations, the parties reached a settlement valued at 12.5M to resolve claims without a trial.
The settlement is meant to compensate eligible users, improve notice procedures, and provide a claims process for reimbursement.
Key dates and players
- Filing period and class certification dates are in the official notice.
- Settlement approval date sets claim deadlines and payout windows.
- Claims administrator handles submissions and distributions.
Who Qualifies for the 147 Cash App Checks Settlement?
Eligibility generally includes people who received, should have received, or were affected by checks identified as part of the 147 series during the defined timeframe in the notice.
Check the official settlement notice for the exact date range and actions that qualify. If you had an account and saw related check activity, you may be in the class.
Common eligibility criteria
- Receipt of one or more checks labeled or described as 147 checks during the covered period.
- Claims that a check was lost, unpaid, or paid in the wrong amount.
- Account records that match transaction IDs or dates listed in the settlement documents.
How to File a Claim for the Settlement
Filing a claim usually requires filling out a form and attaching proof. The process is handled by the settlement administrator online or by mail.
Follow these steps to file:
- Locate the official settlement website from the notice or court documents.
- Complete the online or printable claim form with accurate contact and banking details for payment.
- Attach documentation such as account statements, copies of checks, screenshots, or emails that show the disputed 147 check activity.
- Submit before the posted deadline and keep a copy of your submission receipt.
How Payouts Are Calculated
Payouts typically depend on documented loss, the number of claimants, and the approved settlement allocation formula. Some claimants get a flat amount per valid check; others receive a pro rata share based on verified loss.
The settlement notice will show the exact calculation method and examples used to estimate payments.
Example payout scenario
If the settlement sets a fixed payment of 50 for each verified unpaid or incorrect 147 check, a claimant with two verified checks would receive 100. If funds are limited, the fixed amount may be reduced proportionally.
Real World Case Study
Case study: Maria had two 147 checks issued to her account in 2021. One check never cleared and customer service could not resolve the error. She found the class action notice, submitted bank statements and the check images, and filed a claim online.
After processing, the administrator verified both checks and awarded her payments equal to the per-check amount. Maria received payment via direct deposit within the distribution window.
Class action settlements often require claimants to provide documentation even if the company already has records. Keep screenshots and emails for faster verification.
What to Do If Your Claim Is Denied
If denied, read the administrator notice carefully to learn why. Denials often relate to missing documentation, mismatched dates, or ineligible transactions.
Options include submitting an appeal with additional proof, contacting the claims administrator for clarification, or seeking free legal help from consumer organizations.
Practical Tips to Protect Yourself Going Forward
- Keep clear records of all payments, checks, and customer service interactions.
- Save screenshots, emails, and copies of any mailed checks or notices.
- Monitor bank and app statements monthly for unexpected or missing entries.
- Act quickly when you notice an issue to meet claim deadlines and preserve evidence.
Stay alert for official communications about the settlement and avoid sharing personal data with unofficial websites. Use the official settlement administrator link provided in court notices.
If you think you qualify, gather documentation now and file your claim before the deadline. That is the fastest way to secure any payment you may be owed from the 12.5M class action settlement.