: Facebook settlement: How to apply for some of Meta’s $725 million payout

by | Apr 19, 2023 | Stock Market

If you used Facebook between May 2007 and December 2022, the social-media giant may owe you some money. A California judge preliminarily approved a $725 million settlement between Facebook parent Meta Platforms
and users who say the company allowed their data to be viewed or shared by third parties, notably Cambridge Analytica, without their consent.

The judge’s approval was a precursor to the final approval hearing, which will take place in September, but people can begin submitting claims now to potentially get a cash payment.Who does the Facebook settlement apply to? The $725 million settlement applies to anybody who was a Facebook user in the U.S. between May 24, 2007 and Dec. 22, 2022. The class-action form simply states that people who were Facebook users during that period are eligible. It does not mention any required level of activity on the account. It’s unclear if someone with multiple Facebook accounts would be entitled to more money than a person with a single account. To find out if you are included in the settlement group, you can email [email protected] When is the deadline to submit a claim? The claim form must be submitted no later than Aug. 25, 2023. The form can be completed online or downloaded and mailed to the settlement administrator at the following address: Facebook Consumer Privacy User Profile Litigation, c/o Settlement Administrator, 1650 Arch St., Suite 2210, Philadelphia, PA 19103.How much money will you get? As is typical with class-action lawsuit …

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