Facebook privacy Lawsuit: Payments are Going Out Now – Here’s what to Expect
Many Facebook users are beginning to see deposits in their bank accounts as part of a $725 million settlement stemming from a 2018 privacy lawsuit alleging the social media giant improperly shared user data with Cambridge Analytica. Payments are being distributed over the next 10 weeks to individuals who filed valid claims, with amounts varying based on how long thay maintained active Facebook accounts during the relevant period.
The settlement resolves claims that facebook allowed third parties access to the personal facts of millions of users without their consent. If you submitted a claim, you should recieve an email notification a few days before your payment is issued. The average payout is $29.43, with a maximum of $38.36, according to CBS News. Payments are being delivered via direct deposit,Venmo,Zelle,mailed check,or virtual prepaid mastercard – whichever method claimants selected when they originally filed.
The official settlement website (https://facebookuserprivacysettlement.com/#distribution-faqs) details that settlement amounts are calculated based on one point for each month an individual had an active Facebook account during the class period.
If you are unsure of your claim status, you can contact the Settlement Administrator at info@facebookuserprivacysettlement.com, but you must include your Claim ID in the email. The lawsuit centers on allegations surrounding the Cambridge Analytica scandal,where data from up to 87 million Facebook users was harvested without their consent and allegedly used for political advertising purposes.
