Facebook's settlement payments are on the way - here's how much you can expect
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Facebook's settlement payments are on the way - here's how much you can expect
"If you filed a claim in the $725 million Facebook privacy settlement back in 2023, your payment might be on the way. Several years ago, Facebook, its parent company Meta, and political marketing company Cambridge Analytica were criticized for potentially mishandling user data. A judge later approved a massive class action settlement over the matter, and anyone who used Facebook from 2004 to 2022 was eligible to claim a part of the funds."
"The was recently updated to say that the "distribution of settlement benefits has commenced" and would continue for the next 10 weeks. The site says that if the suit administrators approve your claim, you'll receive an email three to four days before you receive your payment. Watch for an email called "Facebook User Privacy Settlement -- Settlement and Distribution Status Update" from "Facebook User Privacy Settlement Administrator" at donotreply@facebookuserprivacysettlement.com."
Facebook, Meta, and Cambridge Analytica faced criticism over possible mishandling of user data, leading to a $725 million class action settlement covering users from 2004 to 2022. Administrators have begun distributing settlement benefits, a process expected to continue about 10 weeks. Approved claimants will receive an email notification a few days before payment from donotreply@facebookuserprivacysettlement.com. Court records show $120,000 paid to eight lead representatives, over $180 million in attorney fees, and nearly $4 million in other costs, leaving $541 million for class members. Individual payouts range roughly from $4.89 to $38.36 depending on length of Facebook use.
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