in Newswire Published on May 6, 2020

Class Action: FinTech Middleman Plaid Uses App Login Credentials to Secretly Harvest Private Financial Data [UPDATE]

by Corrado Rizzi

Last Updated on January 13, 2022

Cottle et al. v. Plaid Inc.

Filed: May 4, 2020 § 3:20-cv-03056

A class action says Plaid has obtained and exploited the bank account login credentials and transaction histories of hundreds of millions of fintech app users.


Plaid Inc.




Case Updates

January 13, 2021 – File a Claim: Plaid Class Action Settlement Website Is Live

December 8, 2021 – Settlement Receives Preliminary Approval

August 16, 2021 – Plaid Agrees to $58M Settlement

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Last Updated on January 13, 2022 — 10:00 AM

Corrado Rizzi

Corrado Rizzi is the Senior Managing Editor of

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