"Facebook Settlement: How Users Can Claim Their Money"

1 min read
Source: CBS News
"Facebook Settlement: How Users Can Claim Their Money"
Photo: CBS News
TL;DR Summary

Facebook users in the U.S. have until August 25 to file a claim for their share of a $725 million settlement related to privacy violations. The settlement arises from lawsuits alleging that Facebook improperly shared user information with third parties. Users who used Facebook between May 24, 2007, and December 22, 2022, can file a claim online or by mail. The settlement amount per user will depend on the number of claims filed, with lawyers potentially receiving up to 25% of the settlement. The court will decide on final approval in September, and payments will be distributed after any appeals are resolved. Users who do not file a claim or opt out of the settlement give up their right to sue Facebook on these issues.

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