Millions of Facebook users can get money back as part of a class-action settlement over alleged Cambridge Analytica privacy violations.
to confirm your account. The form also asks you to share payment information so you can receive the payout. If you no longer have your account, you can note the years it was active to the best of your recollection. You may be able to find your old sign-up and cancellation emails to find the right dates.
If you’ve had multiple Facebook accounts over the years, you can file a claim for only one of them. Use whichever you had open the longest.You have until Aug. 25, 2023. If you want to opt out of the settlement, you have until July 25.There’s no set payout amount per user, but don’t expect a windfall. The final checks will depend on a number of factors, including how many people fill out a claim form.The biggest payout from the settlement will go to legal fees for the lawyers behind it.
“Even when it’s a relatively low dollar amount, one of the other main purposes of consumer class actions isn’t compensation, its deterrence,” says Adam Zimmerman, a professor of law at Loyola Marymount University in Los Angeles who specializes in class actions. “Yes, 80 million people might not even really care to recover their small amounts but we don’t want to create a procedural system where a company can do that over and over to consumers.”Don’t make any big plans for your money yet.
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