Plaid App Class Action Settlement, Claim with No Receipts!
If you had an account with Plaid during the timeframe indicated, then you may be entitled to part of the Plaid Settlement. Because, the lawsuit alleges that Plaid financial technology services made their login look and feel of user’s bank login, when in fact the login credentials were being provided to Plaid. This case is known as In re Plaid, Inc. Privacy Litigation, Case No. 4:20-md-03056, United States District Court for the Northern District of California.
Plaid helps all companies build fintech solutions by making it easy, safe and reliable for people to connect their financial data to apps and services.
How do I file a claim?
Head on over to the website, where you can learn more and file a claim. You can file online with or without a unique ID, and you can also file by mail.
What’s this settlement about?
The complaint in this case alleges that Plaid took certain improper actions by obtaining log-in credentials to user’s financial accounts through a user interface called Plaid Link that the complaint alleges was designed to have the look and feel of the user’s bank account login screen, when in fact the username and password were actually being provided to Plaid, and obtaining more financial and other data than was authorized or needed by a user’s app. The time period at issue is January 1, 2013 to November 19, 2021. The Court has not decided in favor of Plaintiffs or Plaid on the ultimate merits of Plaintiffs’ claims. Instead, both sides agreed to a Settlement.
Who is eligible for a refund?
You are a Class Member, and you are affected by this Settlement, if you are a United States resident and:
- own or owned one or more “Financial Accounts”
- Plaid (a) accessed your Financial Account; or (b) obtained your Financial Account login credentials, between January 1, 2013 and November 19, 2021; and
- You were a United States resident at the time (2)(a) or (b) occurred.
Is a receipt required?
Proof of purchase is not required.
How much will I get back?
Under the Settlement, Plaid will pay $58 million to establish a Settlement Fund. Each qualified class member will receive an equal share from the net settlement fund.
What’s the deadline to file a claim?
April 28, 2022.
What is a class action lawsuit settlement?
For example, a class action lawsuit is one with multiple plaintiffs. In other words, there are more than one person being represented by the lawsuit. In other words, a plaintiff or plaintiffs file the case on behalf of many people who were affected by aren’t involved in the actual suit. For example, if you purchased an item that was later determined to be involved in a class action lawsuit, you may be entitled to compensation. If you’re included in the class or group of people affected, then you can file a claim to receive money, coupons or replacement products. But, each case is different, and each will specify who is included. In addition, class action lawsuits may require proof that you are part of the group of affected people. In this case, proof of purchase or other specified proof is needed. However, in some cases, no proof is required. In that case, you can file a claim without proving that you are part of the class of people affected. Of course, when you file a claim you are doing so under penalty of perjury. So, do not file if you do not qualify.
Want more like this?
Get ALL the money owed to you in all our Top Class Action Lawsuits with No Receipts *HERE*!
