Facebook Users Settlement: Time is ticking for Facebook users to claim their share of the $725 million settlement. This colossal payout, the largest of its kind, arises from the Cambridge Analytica scandal, a consequence of Facebook’s privacy violations with far-reaching implications for both Silicon Valley and U.S. elections.
Keller Rohrback, the law firm behind the class action lawsuit, proudly announced that this groundbreaking settlement, set for December 2022, effectively put an end to Facebook’s court battle with the company that played a role in Donald Trump’s 2016 presidential campaign.
The Cambridge Analytica affair hit Meta, formerly known as Facebook, hard, causing losses of around $5.9 billion. In addition to the $725 million settlement, Meta paid $5 billion to the Federal Trade Commission (FTC) and $100 million to the Securities and Exchange Commission (SEC) to resolve the case.
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As part of its post-scandal transformation, Facebook rebranded to Meta in 2021. Embracing the metaverse, Meta has continued to innovate, introducing new tools like the Quest 3 and Reels, leveraging the powerful Llama 2 big language AI model to compete with TikTok and more recently, Threads, aimed at rivaling Twitter.
Mark Zuckerberg, during his congressional testimony, expressed remorse for Facebook’s security issues. His apology took the form of an advertisement in newspapers, promising concrete measures to prevent a recurrence of such problems.
Claiming your portion of the $725 million settlement is straightforward. Visit Facebookuserprivacysettlement.
Remember, this settlement doesn’t assign blame; it is an opportunity for Facebook users to receive compensation for the privacy breaches they endured. Act now to secure your share of this historic settlement!
Our Reader’s Queries
How much money will I get from the Facebook settlement?
Wondering how much you’ll receive and how you’ll be paid? The expected payout per person is around $30, with over 17 million valid claims filed before the August 25 deadline. The amount you receive will depend on how long you had a Facebook account during the eligibility period.
How can I check to see if I get a Facebook settlement check?
To check the status of your Facebook Settlement Claim Checks, simply head to the online portal designated by the settlement administrator. It’s quick and easy to use, allowing you to stay up-to-date on the progress of your claim.
How do I submit a settlement claim on Facebook?
Submitting your Claim Form is easy and convenient. You have the option to submit it online or download the form and mail it to the Settlement Administrator. If you prefer a paper copy, simply give the Settlement Administrator a call and they will send one to you. It’s that simple!
Is there a Facebook tracking settlement?
On October 19, 2023 at 10:00 AM PDT, a class action lawsuit pending in the United States District Court for the Northern District of California between Defendant Meta Platforms, Inc. (formerly known as Facebook, Inc.) and Plaintiffs has been resolved with a Settlement.