"Claim Your Share of Facebook's $725 Million Settlement for Privacy Lawsuit"

1 min read
Source: Yahoo Finance
TL;DR Summary

Facebook has agreed to pay $725 million to settle multiple class-action lawsuits brought by U.S. Facebook users in the wake of the Cambridge Analytica scandal in 2018. The proposed settlement would give 25% of the fund to the plaintiffs' attorneys for legal fees, plus an unspecified amount for legal expenses. U.S. Facebook users who had an account on the social network between May 24, 2007, and Dec. 22, 2022, can file claims to receive compensation. The amount of compensation will depend on how many users file claims and how many years they spent on Facebook. The deadline for submitting a claim is Aug. 25, 2023, and payments can't begin until the settlement agreement is approved.

Share this article

Reading Insights

Total Reads

0

Unique Readers

9

Time Saved

5 min

vs 6 min read

Condensed

89%

1,065115 words

Want the full story? Read the original article

Read on Yahoo Finance