Adversitement
Act Now to Claim Your Share of Facebook's $725M Privacy Payout - Deadline Approaching!
Published On : 2023-08-18T22:19:34+0530 [ IST ] |
Author : Mayur_Tembhare
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United States :
Key Information for Filing a Claim:
Eligibility and Deadline: Users within the specified timeframe can file a claim. The online submission deadline is August 25 at 11:59 p.m. PT. For mail submissions, ensure your envelope is postmarked by the same date.
Payment Calculation:
The payment amount depends on factors such as the number of claimants, your active duration as a Facebook user, and the net settlement fund after costs are deducted. Each month of an active account is assigned one point, which is used to determine the payment per month. For example, if the net settlement amount is $100 and the total points are 500, you'd receive 20 cents ($100/500) per month you were active. If your active period spanned 52 months, you'd receive $10.40.
Payment Distribution:
The final approval hearing for the settlement is set for September 7. If approved, payments will be distributed once any appeals are resolved. The exact payment date is currently uncertain.
Impact on Lawsuits:
By joining the settlement class and claiming a payment, you forfeit the right to sue Facebook or participate in other related lawsuits. The deadline for opting out of the settlement class has already passed.
With the deadline rapidly approaching, Facebook users in the US have a limited opportunity to secure their claim in this substantial privacy settlement. To potentially receive compensation for your years on the social media platform, make sure to file your claim by August 25. For more comprehensive details, visit the Facebook User Privacy Settlement website.
NoneSource : Meta
Tags : Class Action Lawsuits , Data Privacy Settlement , Facebook , Compensation , Privacy Payout , User Claims ,
Summary : Users who have been on Facebook in the United States between May 24, 2007, and December 22, 2022, have a limited time left to file a claim in a data privacy settlement case. Facebook's parent company, Meta, has agreed to a $725 million settlement to address class action lawsuits related to privacy issues. This settlement addresses allegations that Facebook allowed third parties, including Cambridge Analytica, to access users' private data without their consent. The deadline for filing a claim is August 25, 11:59 pm PT.
Adversitement