Attention, Facebook users! If you were active on Facebook between May 24, 2007, and December 22, 2022, you may have been eligible for a chunk of the Facebook settlement.
So, let’s dive into understanding the Facebook user privacy settlement, the Facebook settlement claim process, and the potential payout from the Facebook lawsuit settlement claim.
Decoding the Facebook Settlement
Facebook settled the class-action lawsuit, now known as Meta Platforms, Inc., resulting from allegations of privacy violations. The lawsuit accused Facebook of sharing user data without consent. In response, Facebook agreed to pay a colossal $725 million to affected users as part of the settlement.
The lawsuit is known as Facebook, Inc. Consumer Privacy User Profile Litigation, Case No. 3:18-md-02843-VC. It was filed in the United States District Court for the Northern District of California. The court gave the final nod for the settlement on October 10, 2023. However, even after the court approval, two objectors have filed appeals, halting the payout distribution until the resolution of these appeals.
You need to meet specific criteria to qualify for a share of the Facebook settlement. You must have been a Facebook user in the United States from May 24, 2007, to December 22, 2022.
The claim submission phase is now closed. All claimants had to submit valid claims by August 25, 2023.
Facebook Settlement Claim: The Process
After the validation of the Facebook lawsuit settlement claim, users will receive a cash payment. The payment method could range from PayPal, Venmo, a prepaid Mastercard, or Zelle to a physical check sent to the user’s address.
However, it’s crucial to note that the company may not accept all claims. You have up to 10 days to appeal the decision if you receive a rejection.
Angeion, the company overseeing the case, manages the claims portal where users can check the status of their claims. Should you face any issues or need further clarification, you can contact Angeion. The phone number is provided on the site.
Payout Dates and Amount: What to Expect?
Currently, the court cannot determine the payout date for the Facebook settlement. Plus, they can’t distribute the settlement payments until the appeals are resolved. The appeals lodged have delayed the payout distribution.
While the final amount each claimant will receive is still under deliberation, experts estimate that class members will receive an average of $30 each. Various factors will determine the actual payout, such as the number of users who filed a legitimate claim and the duration of Facebook usage during the qualifying period.
The Implications of the Facebook Settlement
The Facebook user privacy settlement is a watershed moment in digital privacy. Giants like Facebook are now held accountable for privacy violations.
The Facebook settlement has set a precedent for future privacy-related lawsuits, shedding light on the need for stringent data privacy laws and practices. Remember, knowing your rights and staying informed is the first step towards safeguarding your privacy in the digital world.
Frequently Asked Questions (FAQ)
What is the Facebook settlement amount?
Following the resolution of a privacy lawsuit, Meta has committed to a substantial $725 million payout.
When is the payout date for the Facebook settlement?
According to recent updates, you can expect payments starting in February 2024.
How can I check the status of my settlement claim application?
For the latest updates regarding the Facebook privacy settlement, refer to the claims portal established by Angeion to oversee the claims process.
Who is eligible for the Facebook settlement claim?
If you were a Facebook user who lived in the United States between May 24, 2007, and Dec. 22, 2022, you were automatically eligible for the settlement.
