Facebook Settlement Payments: What to Expect
- Individuals who used Facebook between May 24, 2007, and december 22, 2022, might potentially be eligible for a portion of a $725 million settlement.
- Payments are not based on individual harm but rather on the number of eligible claimants and the length of time they were Facebook users during the class period.
- The deadline to submit a claim was August 25, 2023. However, the settlement approval process and subsequent distribution of funds have taken time.
Facebook Data Privacy Settlement: What You Need to know
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Who is Eligible for a Payment?
Individuals who used Facebook between May 24, 2007, and december 22, 2022, might potentially be eligible for a portion of a $725 million settlement. This settlement resolves claims that Facebook improperly shared user data with third parties, including Cambridge analytica, without consent. The lawsuit, In re: Facebook, Inc. Consumer Privacy User Profile Litigation,was filed in the Northern District of California.
How Much Money Could You Receive?
The amount each person receives will vary. Payments are not based on individual harm but rather on the number of eligible claimants and the length of time they were Facebook users during the class period. Estimates suggest payments could range from a few dollars to several hundred, though the exact amount is currently unknown. The final amount will be resolute after the claims review process is complete.
Important Dates and Deadlines
The deadline to submit a claim was August 25, 2023. However, the settlement approval process and subsequent distribution of funds have taken time. Payments are now being distributed to eligible claimants as of September 2024, according to information from the settlement administrator.
How Will Payments Be Distributed?
Payments are being distributed electronically via direct deposit or by check. the settlement administrator,Angeion Group,is handling the distribution process.Claimants can check their status and update their payment information on the settlement website, Facebook User Privacy Settlement. Be cautious of scams and ensure you are using the official website.
What Was the Lawsuit About?
The lawsuit alleged that Facebook violated the Video Privacy Protection Act (VPPA) and other privacy laws by allowing third parties to access users’ private information. Specifically, the plaintiffs claimed Facebook shared data with companies like Cambridge Analytica, which was used for political advertising purposes. Facebook denied wrongdoing but agreed to the settlement to avoid further litigation.