Settlement reached with Cash App company over deceptive practices, says AG Steve Marshall

Settlement reached with Cash App company over deceptive practices, says AG Steve Marshall

MONTGOMERY, Ala. — Alabama will receive a portion of a $45 million multistate settlement with Block, Inc. after a lawsuit was filed against the company for deceptive practices, said an announcement from Attorney General Steve Marshall on Thursday. Block Inc. is the company that runs the peer-to-peer payments app Cash App. The lawsuit alleged that customers were misled about safety, failed to protect users from fraud and did not provide fraud pro…

What Changed for Block (NYSE:XYZ) After Cash App Settlement?

Block updates Cash App operations following multistate settlement while S P 500 financial technology business continues payment services merchant solutions compliance enhancements and customer support improvements ...

Attorney General Marshall Announces $45 Million Multistate Settlement with Block Inc. Over Deceptive Practices on Cash App - Alabama Attorney General's Office

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