The social media behemoth has settled a class-action lawsuit, denying any wrongdoing in the allegations made against the business in exchange for paying $725 million in damages. Anyone who submits a claim by the relevant deadline of August 25, 2023 is eligible to receive the funds. Here's how to determine your eligibility for and get your part of the settlement if you are (or were) a Facebook user.
How to Know If You’re Eligible
There are a number of restrictions you should be aware of, such as the fact that the $725 million award will be reduced once Meta has paid its legal and administrative costs. You should also take note of the dates for eligibility, filing, and opting out.
You must have used Facebook between May 24, 2007, and December 22, 2022, in order to be eligible for a claim. It's that easy, and you and practically everyone you know are probably included in it.
How to file a claim
You must also file a qualifying claim by August 25, 2023, at 11:59 p.m. PT in order to be eligible for a financial prize. You have until July 26, 2023 to submit your opt-out claim if you desire to forego the chance to continue defending yourself in court or do so in the future. On July 26, 2023, there will be an opportunity for you to voice any objections to the settlement in person or in writing by the same day.
Inaction is another option. If you do nothing, Meta will be immune from further legal action in similar circumstances, and you will not receive any cash compensation.
Before we know how many people submitted claims for compensation, exact information regarding the amount of money applicants will be entitled to won't be available. Visit FacebookUserPrivacySettlement.com if you're interested in finding out more or submitting a claim. To make sure they are receiving updates on time, claimants should also add the Confirmatio[email protected] email to their contact list.
Before claimants get their financial rewards on September 7, 2023, a final approval hearing will start at 1 p.m. PT.
A similar situation occurred when Apple was compelled to pay $50 million to owners of MacBook computers sold between 2015 and 2019 that have the infamously problematic butterfly keyboards.
As a culmination of numerous allegations over the years, this specific lawsuit was brought in the U.S. District Court for the Northern District of California. It has been explained that Facebook, the social media platform operated by Meta, has exposed not only users' but also their friends' data to outside parties. The lawsuit also claimed that Facebook lacked privacy policies governing how other parties may use user data.
According to Mashable, during the course of a significant portion of the brand's life, Meta has been the target of numerous lawsuits alleging that the firm gave third parties unrestricted access to user data without their consent.
Mashable used Facebook's unrestricted access to user data for the data analytics company Cambridge Analytica as a case study. Although this company is no longer in operation, it once supported Donald Trump's campaign.