Facebook may owe you money — here's how to claim it

Last year, Facebook settled a $650 million lawsuit with Illinois residents for storing and collecting their biometric data without consent. Here’s how much money people received.

The social media juggernaut just agreed to another settlement. This one’s for $725 million following numerous lawsuits claiming the platform violated users’ privacy. Here’s what you need to know and how to get paid.

What Facebook did wrong (no surprises here)

The lawsuits allege that Facebook shared user data and data on their friends with third parties, including app developers, business partners, advertisers and data brokers. The company allegedly did this without permission and failed to monitor or enforce how third parties accessed the data or what they did with it. 

How much can you get paid?

That depends on a couple of things: How many people submit claims and how long you had an account on the platform. The settlement will distribute “points” for every month you had an account between May 24, 2007, and Dec. 22, 2022, and split the money (after lawyers’ fees, of course) based on those numbers.

Plaintiffs’ lawyers said about 250 million to 280 million people might be eligible for payments as part of the class action settlement. Don’t expect a financial windfall.

How to sign up

You must submit a claim by Aug. 25, 2023, to receive a payment from the settlement. This form takes just a couple of minutes to fill out

If you had a Facebook account during the effective dates of the lawsuit, you are automatically part of the settlement. If you do nothing, you will not get paid and give up the right to sue, continue to sue, or be part of another lawsuit against Facebook related to these legal claims.

You can also opt out of the settlement if you want to sue Facebook yourself, or you can object to the settlement. To exclude yourself from the settlement, you may submit a completed and signed opt-out request online or by U.S. mail to this address.  

Facebook’s deep pockets

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Google will destroy billions of Incognito mode data

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They said the data was impossible to find … until a judge ruled on a class-action settlement. Plus, we talk with Guy Kawasaki, Apple’s first Mac marketer, about his book “Think Remarkable” and becoming remarkable yourself!

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