Used Facebook in the Last 16 Years? You May Qualify for a Slice of Meta’s $725 Million Privacy Settlement! If you’ve accessed Facebook anytime during the previous 16 years, chances are you’re eligible for a portion of the $725 million agreement Meta has reached to resolve claims of privacy infractions. Here is all the information you need to find out if you can benefit from part of this multi-million dollar rainfall
Back in 2018, Facebook came under fire for allegedly distributing the personal data of millions of users to third parties, including the UK-based political consultancy Cambridge Analytica. This sparked a multitude of lawsuits, and after a lengthy legal battle, Meta eventually consented to the substantial payout in December. Eligible Users Can Now Begin Submitting Their Claims.
What is meta’s position on this millionaire payment?
The statement further mentioned that, “In the past three years, we’ve restructured our privacy strategy and put into place a thorough privacy program. Our focus remains on creating services that are both cherished and trusted, with privacy as a top priority.” Meta opted not to discuss the case; however, in a December statement, the company expressed that the settlement was in “the best interest of our community and shareholders.”
Below is essential information about the Facebook settlement, covering eligibility for compensation and the process for submitting a claim.
Who is eligible for compensation in the Facebook data privacy settlement?
Individuals residing in the US who used Facebook between May 24, 2007, and Dec. 22, 2022, qualify for the class settlement. To file a claim, either complete an online form or send a filled-out printed form to:
- Facebook Consumer Privacy User Profile Litigation
- Attn: Settlement Administrator
- 1650 Arch Street, Suite 2210
- Philadelphia, PA 19103
Ensure claims are submitted or postmarked by 11:59 p.m. PT on Aug. 25, 2023.
What payout can I expect from the Facebook settlement?
The payout for each person depends on the duration of their Facebook membership and the total number of valid claims filed. Claimants can opt to receive funds via direct deposit, Venmo, Zelle, PayPal, or prepaid Mastercard. A final approval hearing is set for Sept. 7, 2023. Payouts will occur after the hearing, but potential appeals may cause delays.
To preserve the option to pursue legal action against Meta independently, you must opt out of the settlement by July 26, 2023.