Meta Platforms, the parent company of Facebook, Messenger, Instagram, WhatsApp and Meta Horizon has agreed to pay a massive settlement of 725,000,000 USD in order to end a lawsuit filed by Cambridge Analytica against Facebook for giving it access to millions of user information used in targeting voters during Donald Trump's 2016 presidential campaign.
The lawsuit sought to be certified as a class action on behalf of Facebook users, alleging that its privacy breach proved it was both "data broker and surveillance firm" as well as social network. Although Meta denies these claims, they have agreed to pay an extensive settlement amount in order to avoid trial costs and risks as stated on the settlement website.
Eligible users with accounts created between May 24, 2007 and December 22, 2022 are invited to submit claims before August 25, 2023; payout amounts depend on both their claim totals and account duration.
How Can I Join the Meta - Facebook Lawsuit Airdrop?
Step-by-Step Guide ''How to claim the lawsuit settlement on Facebook''
1 Visit the Facebook User Privacy Settlement Claim Form. The deadline for submitting this Claim is August 25, 2023.
2 Submitting your claim is straightforward and takes only minutes to submit. Simply provide contact details as well as some brief Facebook account info such as email addresses, phone numbers or usernames associated with your Facebook account between May 24, 2007 and December 22 2022 and press submit. Each Settlement Class Member may only submit one claim; if you had multiple accounts during that period then please file under one that was active longest before filing it with Facebook.
3 Payout for each user depends on their number and duration of claims and account duration. "Points" will be awarded for every month between May 24th 2007 and December 22nd 2022 that a user had an account between these dates, and settlement funds minus legal fees and class representative cash will be divided accordingly.
# If you can't submit your claim online, mail a completed printed form directly to: Facebook Consumer Privacy User Profile Litigation Settlement Administrator 1650 Arch Street Philadelphia Pennsylvania 19103.
* Facebook had previously received a $5 billion fine from the Federal Trade Commission for violating consumers' privacy, one of the highest ever penalties imposed by both US government and worldwide authorities.
Estimated value
~$ 725,000,000
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