Now, Facebook users can claim their part of a $725 million class-action settlement. The Facebook users who maintained their account on the platform from May 2007 and December 2022 can put forward a claim for their share of the settlement. Meta, which is the parent company of Facebook didn’t admit any wrongdoing.
For those of you who are unaware, let us tell you, this settlement has been a part of years-long litigation over Facebook’s relationship with Cambridge Analytica, which collected the personal information of 87 million Facebook users. Continue reading further to learn how to apply for your share of Facebook’s $725 million settlement in a privacy suit.
Here’s all you need to know about Facebook’s $725 million settlement
The lawsuit saw the light of day in the year 2018 when Facebook revealed that the platform shared the personal data of 87 million users with Cambridge Analytica. The social media users who were active on the social media app Facebook between May 2007 and December 2022 have until August 25 to enter a claim.
As of right now, the individual settlement payments have not been established because the amount of the payment will depend on how many Facebook users will submit claims and for how long the user maintained their Facebook account. According to various media outlets, Facebook users can get a hold of their share of a $725 million Facebook settlement until August of this year.
Let us share with you, Cambridge Analytica was a British political consultancy that was used by the presidential campaign of Donald Trump and by Sen. Ted Cruz, R-Texas, and among others. At the time, Facebook founder Mark Zuckerberg was forced to testify before Congress and to take out full-page ads where he apologized for the wrong steps.
Then, Zuckerberg said, “I’m sorry we didn’t do more at the time. We’re now taking steps to ensure this doesn’t happen again.” In the year 2021, Facebook rebranded itself as Meta and settled the class-action suit the next year. Then, Meta didn’t admit to wrongdoing. At that point in time, a spokesperson of the company put out a statement that read, “We pursued a settlement as it’s in the best interest of our community and shareholders.” On the other hand, Meta didn’t issue any additional statements back then.
How to obtain your share of a $725 million Facebook settlement?
Facebook users can simply make a claim by paying a visit to the website Facebookuserprivacysettlement.com. You can insert your name, address, as well as email address and confirm that you lived in the United States and that you were active on the app between the dates mentioned above.
Facebook is a social networking service owned by American technology giant Meta Platforms. The app was created in the year 2004 by Mark Zuckerberg and his fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
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