Cash App Data Breach & Financial Fraud Settlement
What this is about
Investors alleged Virgin Galactic made materially false or misleading statements about the readiness and timeline of its commercial spaceflight operations, inflating the price of Virgin Galactic securities.
The background
Lavin v. Virgin Galactic Holdings, Inc., Case No. 1:21-cv-03070-ARR-TAM, is pending in the U.S. District Court for the Eastern District of New York. An $8,500,000 cash settlement resolves claims by persons who purchased or otherwise acquired publicly traded shares of Virgin Galactic Holdings, Inc. (SPCE) or Social Capital Hedosophia Holdings Corp. (IPOA) common stock from July 10, 2019 through August 4, 2022, inclusive. Claim Forms must be submitted online by 11:59 p.m. on August 13, 2026 (official site virgingalacticsecuritiessettlement.com, HTTP 200; deadline corroborated via openclassactions).
Worth knowing
Lavin v. Virgin Galactic Holdings, Inc., Case No. 1:21-cv-03070-ARR-TAM, is pending in the U.S. District Court for the Eastern District of New York. An $8,500,000 cash settlement resolves claims by persons who purchased or otherwise acquired publicly traded shares of Virgin Galactic Holdings, Inc. (SPCE) or Social Capital Hedosophia Holdings Corp. (IPOA) common stock from July 10, 2019 through August 4, 2022, inclusive. Claim Forms must be submitted online by 11:59 p.m. on August 13, 2026 (official site virgingalacticsecuritiessettlement.com, HTTP 200; deadline corroborated via openclassactions).
File your claim on the official site →Common questions
How much can I get from the Cash App Data Breach & Financial Fraud Settlement?
Up to $2,500 per claimant for documented out-of-pocket losses and lost time ($25/hr for up to 10 hours), plus additional reimbursement for unauthorized transactions
What happened in the Cash App Data Breach & Financial Fraud Settlement case?
The suit alleges Cash App failed to safeguard user accounts from unauthorized access, resulting in data breaches and unauthorized withdrawals from Cash App accounts.
How do I actually file a claim?
Use the official claim link on this page — it goes directly to the real claims administrator or court-approved site. We never collect claim submissions ourselves and never charge a fee to help you file.
Where does this information come from?
This entry was last verified on August 10, 2026 against its primary source (the official claims administrator, court record, or government page) — linked below. We re-check it, not just copy it once.
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