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May 12, 2022 at 1:00 p.m. PT — Fairness Hearing. A Settlement has been proposed in class action litigation against Plaid Inc. ("Plaid").Approximately 5,000 mobile and web-based applications ("apps") use Plaid to enable users to connect the app to the users' bank account (s). This class action alleges Plaid took certain improper.

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Apr 27, 2022 · The Plaid settlement deadline is this week. A California-based financial service that works with Venmo, Robinhood, SoFi and many other apps could pay out $58 million as part of a class-action ....

The settlement covers an estimated 98 million people in the U.S. who have used Plaid’s services between 2013 and today. Of the total $58 million, $14.5 million will go to lawyers on the case. The remaining amount will be split up between the up to.

Users can create Plaid Portal accounts to manage connections you've made to Plaid and to delete information stored in Plaid's system. Total Settlement Amount: $58 million. Class Representative Proposed Incentive Fee: Up to $5,000 each. Law Firms: Burns Charest LLP Herrera Kennedy, LLP Lieff Cabraser Heimann & Bernstein.

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