Plaid class action lawsuit, if you have used these cashback and financial apps to connect to the bank, you can apply for...

Declaration Details

What is Plaid? If you have used some cashback and financial applications introduced on this site, you will encounter the step of connecting a bank account. This connection is made through a third-party company, and Plaid is such a company, serving more than 5,000 financial companies and app, and was previously acquired by Visa.

This site has introduced Plaid in detail in the article “About some applications binding credit cards or bank accounts [principle, whether it is safe, how to unbind, etc.]” , you can click to view.

There are two reasons for this class action, one is that Plaid collected more information than it actually needed, and the other is that Plaid’s connection process collected users’ login information during the bank login step.

Simply follow the step-by-step prompts to submit online.

Compensation Details

Application Deadline: April 28, 2022

Who Can Claim: Participate in a claim as long as you connect with Plaid between January 1, 2013 and November 19, 2021.

Estimated amount of compensation that can be obtained: The total compensation amount is $58M, but the specific amount of compensation for each individual will be determined according to the number of people declared.

If you check your Plaid-bound account

Plaid’s user background address is  https://my.plaid.com/ , you can log in to see all your services bound by Plaid, as well as bound bank cards.

You can also use this page to search if an app is using Plaid.

way of compensation

Choose from PayPal, Venmo, or Direct Deposit to receive payments.

Precautions

Remember to save the confirmation page after the declaration is completed, it may be used in case you need to change it later.

Please note that you must provide true and valid information when filing a class action filing. False filing is a violation of federal law.

For more class action information, check out our  class action classification

source https://gift.ausacn.com/index.php/2022/01/11/plaid-class-action-lawsuit-if-you-have-used-these-cashback-and-financial-apps-to-connect-to-the-bank-you-can-apply-for-compensation/