Friday Marks Deadline for Facebook Users to Seek Compensation from $725 Million Settlement

Discover how to claim your share of the $725 million settlement from Facebook. Last chance for users to file before the deadline!

Friday Marks Deadline for Facebook Users to Seek Compensation from $725 Million Settlement
Friday Marks Deadline for Facebook Users to Seek Compensation from $725 Million Settlement (Gattyimages)

In a significant turn of events, today represents the final opportunity for individuals who have used Facebook within the past 16 years to participate in a sizable $725 million settlement facilitated by Meta, the parent company of the social media giant. This settlement arises from a series of lawsuits that were initiated against Facebook by its users.

These legal actions alleged that Facebook had mishandled their personal data by sharing it with external entities such as advertisers and data brokers.

The genesis of these lawsuits can be traced back to the 2018 privacy scandal involving Cambridge Analytica, which illicitly harvested user data for the purpose of voter profiling.

The Genesis of the Settlement

The genesis of the settlement dates back to the year 2018, when Facebook found itself embroiled in a privacy scandal involving Cambridge Analytica. This company illicitly collected user data from the platform in a bid to create detailed voter profiles.

Following this debacle, multiple lawsuits were brought against Facebook by disgruntled users who claimed that their personal data had been compromised and misused.

These legal actions culminated in a class-action lawsuit, eventually leading to the establishment of a settlement fund totaling an impressive $725 million.

Meta’s Stance on the Settlement

Despite the massive settlement amount, Meta has steadfastly denied any wrongdoing or liability. According to a class-action website set up to manage the settlement, Meta vehemently refutes any claims of improper data sharing or breach of privacy.

The company’s position is that the settlement is a strategic move, aimed at resolving the legal disputes efficiently for the benefit of both the Facebook user community and its shareholders.

Who Qualifies for Meta Compensation?

Residents of the United States who were active Facebook users during the period spanning from May 24, 2007, to December 22, 2022, are eligible to file a claim for compensation.

This opportunity is open to all qualifying users who complete their claim submissions before the deadline of Friday, August 25, at 11:59 p.m. Pacific Time.

Users who choose to submit their claims via physical mail must ensure that their letters are postmarked by August 25.

How to Initiate a Claim

Individuals seeking to participate in the settlement and claim compensation are required to visit the designated claim website. Alternatively, claimants can opt to print out the claim form and mail it to the provided address Litigation Concerning Users’ Right to Privacy on Facebook, Attention: Settlement Administrator, 1650 Arch Street, 22nd Floor, Philadelphia, PA 19103.

Essential Information for Claim Submission

The claim submission process necessitates providing basic information including:

  • Name
  • Address
  • Email
  • Phone number
  • Residency within the U.S. From 24’th May, 2007, to 22’nd December, 2022
  • Usage of Facebook during the aforementioned period
  • Date range of Facebook account usage, if the account was deleted
  • Facebook username
  • Preferred payment service (PayPal, Venmo, or prepaid Mastercard)

Filling Out the Claim Form

Completing the claim form is a streamlined process that can be accomplished in a matter of minutes, ensuring minimal hassle for users.

Retrieving Your Facebook Username

To locate your Facebook username, visit the “Account” section on the website and navigate to “Settings and Privacy.” From there, click on “Settings” and locate the “Username” option. On the mobile app, access your display name from the menu and follow the prompts to find your user name.

Authenticity of the Settlement

The legitimacy of the settlement is corroborated by Meta, which emphasizes its commitment to the welfare of the community and shareholders.

Notifications about the settlement have been disseminated via Facebook notifications, allowing users to make informed decisions regarding participation.

However, it’s imperative to remain vigilant against potential fraud. The settlement administrator cautions against divulging personal information like Social Security numbers and warns that any requests for payment in exchange for settlement benefits may be fraudulent.

Modifying Your Claim

Modifications to your claim can be made if your circumstances change. Visit the settlement website and click on “Filed a claim? Click here to edit your claim.” This option requires your confirmation code and claim ID, which are provided in a confirmation email following your initial claim submission.

For electronically submitted claims, updates can be sent to info@facebookuserprivacysettlement.com.

Alternatively, mailed claims can be updated by sending your updated information, along with your name and contact details, to the designated address.

Maximizing Compensation: FAQs

Can I Claim Compensation for Multiple Facebook Accounts?

Claimants who created and later deleted one or more Facebook accounts, subsequently establishing new accounts, are entitled to claim compensation for the entire duration of their activated Facebook account(s) during this period. However, users who possessed multiple accounts simultaneously cannot claim compensation for these additional accounts.

Claiming for a Deceased Individual

Claiming compensation on behalf of a deceased individual involves specific steps. The claim form must be submitted under the deceased person’s name, and their details should be entered in the “Your Facebook Account” section.

Subsequently, a request must be submitted to the claim settlement administrator to change the name to the beneficiary or the estate of the claimant. This necessitates providing documentation supporting the name change, such as a copy of the death certificate.

Determining Facebook Compensation Amount

The exact compensation per user remains uncertain, as it hinges on the number of claim submissions. Lawyers involved in the case are eligible to receive up to 25% of the settlement amount as part of their fees, potentially reducing the overall settlement to $543.7 million for claimants.

The compensation calculation is based on each claimant’s activated months on Facebook between May 24, 2007, and December 22, 2022.

The total settlement amount is divided by the cumulative activated months of all claimants to ascertain the per-point amount, which is then multiplied by an individual’s assigned points.

Timing of Compensation Distribution

Compensation disbursement is not anticipated until later in the year. The settlement’s final approval hearing is set on September 7.

During this hearing, the court will evaluate the settlement’s merits, determine attorneys’ fees, and address other associated costs. In the event of court approval, the settlement could still encounter appeals, potentially extending the timeline for resolution.

Compensation distribution is contingent upon the court’s final approval and the resolution of any appeals.

Last Chance Alert Secure Your Share from the $725 Million Facebook Settlement
Last Chance Alert Secure Your Share from the $725 Million Facebook Settlement

Exploring Options FaceBook Settlement: Opting Out and Objecting

Opting Out of the Settlement

The deadline for Facebook users to opt out of the settlement has lapsed, occurring on July 26. Opting out relinquishes any claim to compensation but retains the option to pursue independent legal action against the company concerning the issues outlined in the case.

Objecting to the Settlement

Similar to opting out, the deadline for objecting to the settlement has also passed, concluding on July 26. During this period, Facebook users were permitted to present reasons why the settlement should not be approved.

However, the court’s decision remains binary: approval or rejection. In the case of rejection, no compensation will be disbursed, and the lawsuit will persist.

The Consequence of Inaction

Failure to either file a claim or opt out of the settlement results in the forfeiture of legal recourse. Users relinquish their ability to file or continue a lawsuit pertaining to the legal matters in question.

Furthermore, this inaction precludes individuals from receiving any compensation as part of the settlement.

Exclusions from the Facebook’s Settlement

Exclusions from the settlement encompass Meta employees, affiliated entities, subsidiaries, plaintiff attorneys, and their staff.

Additionally, individuals associated with the case’s administration, such as special masters, mediators, and judges, are ineligible to partake in the settlement.

The settlement’s scope does not extend to users outside the U.S. or individuals who did not utilize Facebook between May 24, 2007, and December 22, 2022.

Read More

ICC Mens Cricket World Cup 2023 Stadiums and Schedule in India

ICC Cricket World Cup 2023 “Dharamsala” Himachal Pradesh Cricket Association Stadium

ICC Men’s Cricket World Cup 2023 at Vidarbha Cricket Association Stadium: Tickets, Schedule

ICC World Cup 2023, M Chinnaswamy Stadium: Ticket, Schedule, Match Date, and Time

ICC World Cup 2023, Narendra Modi Stadium: Ticket, Schedule, Match Date, and Time

BCCI Reveals Ticket Sales Details for the 2023 ODI World Cup, Bids Farewell to E-Tickets

ProtoFlow Reviews: Real User Reviews, Ingredients,Effectiveness or Scam

ProtoFlow Reviews 2023: (Scam Exposed) By Real Customers

Joint Genesis Reviews By BioDynamix – Ingredients, Benefits, Does it Work? & Where To Buy

SlimSwitch Reviews: Weight loss Supplement,ingridients, side effects

PowerBite Reviews, Thermal Dental Candy does it Works?

SlimSwitch Reviews Ingredients,Side Effects


Disclaimer: The information on this news website is provided for general purposes only. We make no warranties about the accuracy, reliability, or suitability of the information.

Any reliance you place on such information is strictly at your own risk. We are not liable for any loss or damage resulting from the use of this website. Please verify the accuracy of information before making any decisions based on it.