Have you had a Facebook page at any point between May 24, 2007 and December 22, 2022? You may be able to collect compensation through a class-action lawsuit.
Attorneys claim that Facebook inappropriately shared user information, and while Meta representatives have not admitted wrongdoing, they have agreed to compensate eligible parties.
Facebook (Meta) Has Agreed To Settle a Class-action Lawsuit
In December 2022, Meta (formerly Facebook) agreed to settle a class-action lawsuit for more than $725 million. At the time of the settlement agreement, plaintiffs' lawyers suing Meta estimated that 250 million to 280 million people would be eligible to collect a portion of the $725 million.
The terms of eligibility have now become clearer, and you may be eligible to get money.
What Are The Allegations Against Facebook?
The Facebook lawsuit revolves around a much-publicized controversy involving British political consulting firm Cambridge Analytica and other third parties. More specifically, lawyers alleged that Facebook's decision to share user data with third parties without users' consent violated state and federal laws.
While former President Donald Trump's campaign used Cambridge Analytica's consulting services and, by extension, Facebook's user data, revelations about Facebook's data practices garnered bipartisan outrage. After testifying in front of Congress, the settlement signals that Facebook (and Meta) Founder Mark Zuckerberg and his team are ready to compensate affected parties and move forward.
Meta representatives continue to deny wrongdoing, but a company spokesperson said, “We pursued a settlement as it’s in the best interest of our community and shareholders.”
Who Is Eligible To Claim Compensation?
A broad pool of plaintiffs are eligible to claim compensation from the Facebook-Cambridge Analytica lawsuit settlement. If you had a Facebook account between May 24, 2007, and December 22, 2022, you are eligible to claim compensation.
You do not necessarily have to have logged into your Facebook account during this time period. Simply having an account appears sufficient to claim money from the settlement.
I Want To Claim Compensation From The Facebook Settlement. What Do I Do?
You can complete a Claim Form and then submit it one of two ways:
- Submitting the form online via www.FacebookUserPrivacySettlement.com
- Printing and mailing the completed form to Facebook Consumer Privacy User Profile Litigation, c/o Settlement Administrator, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103
Be sure to:
- Complete the entire form
- Write your responses legibly
- Sign the claim form
- Submit the form by August 25, 2023
If you print and mail the form, be sure to account for transit time. If you intend to claim compensation from the settlement, it is best to complete and submit the form as soon as possible. This could leave additional time to rectify any errors or missing information on your Claim Form.
How Much Compensation Will Claimants Receive
This is unclear, as it depends on the number of individuals who claim compensation and the final sum allocated to those claimants.
A Few Final Steps Remains Before Payments Can Be Sent
A final approval hearing awaits in San Francisco and is scheduled for September 7, 2023. The judge's ruling about whether to approve the settlement and any subsequent appeals could affect the payment date and status for those who claim compensation from the Facebook-Meta lawsuit.
This article was produced and syndicated by Wealth of Geeks.
source https://wealthofgeeks.com/725-million-courtesy-of-meta/
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