Facebook just settled a $725 million settlement after the social media giant filed numerous lawsuits alleging it violated users’ privacy. Here’s what we know so far and how to get your hands on the money.
What did Facebook do to get these lawsuits?
Allegedly, Facebook got user’s data We share data about friends of a particular user as well as with third parties. These third parties included app developers, business his partners, advertisers and data brokers. Facebook did this without your permission and did not monitor exactly how this data was used or how it was accessed.
This isn’t the first time Facebook has been caught sharing data in fraudulent ways. Last year, the company paid an additional $650 million in settlements.t with Illinois residents after they were found to be storing and collecting biometric data without their consent.
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can i borrow money?
You can make a few bucks out of this lawsuit depending on a few variables. These variables include how long you have an account on Facebook and how many people end up submitting a claim for money. increase.If you always had a Facebook account From May 24, 2007 to December 22, 2022may be subject to compensation.
However, the settlement divides the points for each month you’ve had the account, and splits the money based on those numbers after the attorney receives the payment. Even if it is a small amount, about 250 million to 280 million will be eligible for benefits.
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How do I get paid?
Claims must be submitted by August 25, 2023 to receive settlement payments. Click here for the link to the form Just enter basic information like your name, email address, and when you had a Facebook account.
What if I do not want to participate in the settlement?
If you have an account during the above period, you will automatically become part of the settlement, but if you do nothing, you will be entitled to receive payment and continue these legally related actions against Facebook, litigation. Both your right and your right to participate in another lawsuit are precluded. Claim.
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If you have determined that you have nothing to do with the Settlement and are considering taking additional legal action, you have until July 26, 2023 to submit a completed and signed opt-out request online or in the United States. You may opt out by sending it by mail. The following addresses:
Facebook Consumer Privacy User Profile Litigation
c/o payment manager
Note: Exclusion
PO Box 58220 X
Philadelphia, Pennsylvania 19102
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