Is Plaid Settlement Legit? Everyone is searching for the answer and if you’re too, then you must take a look at this article!

Have you heard of the Plaid Settlement in the news recently? Are you interested in knowing more about the settlement? The well-known private-held financial services firm Plaid has been on the news recently because of its clients data privacy Antitrust, monopolist and monopolist risk.

This United States-based company has finally agreed to pay a total amount. But, many are uncertain and wondering whether this settlement is real or not.

We are therefore here to answer all your doubts and help you answer Do you think Plaid Settlement is legitimate?.

Is Plaid Settlement a Scam?

In the early 2022 time frame, users received an unexpected email informing that they had been notified of an agreement for a class action for the Plaid company. They were eager to know what the truth was about this settlement. genuine or not.

It was later revealed that the settlement was legitimate and real settlement, with the only opposition to the settlement being an appeal to the United States District Court for the Northern District of California.

We also discovered an online site specifically devoted for the settlement in question. To verify its legitimacy and address your question: is Plaid Settlement Legit, we’ve provided some key points of legitimacy on plaidsettlement.com:

  • Domain age Age of Domain: 8 weeks and 21 days
  • Domain Expiration Date The date of expiration is 23 July 2023.
  • Trust score Score: 8 98%
  • Trust Rank: 8.9/100
  • Alexa rank: # 67,459

What is Plaid?

Plaid company is an enviable American firm that provides financial services. Plaid was able to make it possible for nearly 5500 mobile and web-based apps to to connect to bank accounts of users.

The companies that are part of the partnership included in Plaid comprise Venmo, Samsung, Betterment, Tesla, Citi and other companies. In January of 2020, Visa announced their intention to acquire Plaid however, Visa pulled out of the acquisition due to concerns regarding privacy concerns regarding data and other antitrust claims regarding Plaid.

What is the reason? is Plaid Settlement legitimate on the agenda?

The Plaid Settlement has come to a settlement in which Plaid will pay $58m in order to close the case claiming that it was in violation of privacy laws.

The news was announced just recently, but the exact amount given to each Class Member isn’t yet revealed. But, Plaid will pay a proportionate and equal portion of $58 million to every member. Each class member has the option of filing one claim via Plaid Settlement’s official website. Plaid Settlement.

More information about Plaid Settlement:

If you now know how to answer Are Plaid Settlement Legitimate You might want to submit a claim if you’re qualified to claim the same. This is how you can do it!

  • Check to see if you are eligible: US residents who own or had a financial account that is accessible by Plaid between the 1st of January 2013 to 19 November 2021.
  • Visit the official websiteat plaidsettlement.com and fill out your claim online.
  • The deadline to file the claim is the 28th of April 2022. The last hearing on Plaid Settlement Plaid Settlement is 12 May 2022.

Summary:

The renowned Plaid company has been in the news recently when it decided to settle its privacy suit with an amount totalling $58 million. We’ve explained everything.

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Thus, Is Plaid Settlement Legit? Yes! If you have questions, inquire with us in the comments section!