ATLANTA, GA – – (ACCESSWIRE – October 13, 2022) – – Holzer & Holzer, LLC informs investors that a class action lawsuit was filed against Block, Inc. (“Block” or the “Company”) (NYSE: SQ).  The lawsuit alleges Block made materially false and misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects, including: (1) that Block lacked adequate protocols restricting access to customer sensitive information; (2) that a former employee was able to download certain reports of the Company’s subsidiary, Cash App Investing, containing full customer names, brokerage account numbers, and other sensitive information; (3) that, as a result, the Company was reasonably likely to suffer significant damage, including reputational harm.


If you bought shares of Block between November 4, 2021 and April 4, 2022, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at or Joshua Karr, Esq. at, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at to learn more.


The deadline to ask the court to be appointed lead plaintiff in the case is December 12, 2022.

Registration Deadline

Lead Plaintiff Deadline Has Passed

December 12, 2022

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