"Claim your portion of Facebook's $725 million settlement before time runs out"
Facebook users have less than a month to apply for their share of a $725 million settlement over the social network's privacy violations, stemming from the Cambridge Analytica scandal. The settlement, signed in December 2022, was the largest class action settlement of its kind. In addition to the settlement, Facebook's parent company, Meta, paid a $5 billion settlement to the Federal Trade Commission and $100 million to the Securities and Exchange Commission. Users who had an active U.S. Facebook account between May 2007 and December 2022 can make a claim until August 25. Individual settlement payments will depend on the number of users who submit claims and the duration of their Facebook account usage.
