Facebook has tentatively approved a $725 million settlement in a class-action lawsuit that involves privacy violations by the company’s parent company, Meta. (The Hill) This settlement allows anyone in the United States who used Facebook in the last 16 years to collect a piece of the settlement money. (CBS News)
To apply for a payout, Facebook users have until August to submit a claim. (NBC News) Eligibility is granted to users who maintained an active account between May 2007 and December 2022. (CNN) The potential payout for each user is not yet known, but users are likely to receive a check. (NBC Chicago)
Facebook users can file for compensation as part of the settlement, which includes allegations of data privacy violations. (The Washington Post) This settlement is not the first time that Facebook has agreed to payout cash to resolve a suit. (Mashable) In fact, this settlement is part of a 2023 class-action lawsuit. (VERIFYThis.com)
Facebook’s parent company, Meta, received preliminary approval for the settlement, which includes the option for users to collect a payout. (USA Today) The settlement is real and users are encouraged to submit a claim. (VERIFYThis.com) To learn more about the process of submitting a claim, users can follow the instructions outlined by various news outlets. (CNBC)
Overall, Facebook’s settlement is a significant resolution for those who have claimed privacy violations by the company. (The Hill) Users can now take advantage of the settlement and apply for their share of the funds by following specific instructions provided.
