In March 2024, individuals involved in a class action lawsuit against Facebook, now known as Meta, due to a data breach, can expect to receive a settlement payment. The lawsuit, initiated in 2018, accused Facebook of improperly using users’ identities and images in Sponsored Stories advertisements without their consent. The settlement amount agreed upon is $725 million, with an average compensation of $30 per eligible user.
The authorities accepted Facebook’s $725 million privacy settlement on October 23, 2023. This settlement will address various privacy issues raised by the class-action lawsuit. Over 17 million legitimate claims were submitted before the August 25, 2023, deadline. Now, a federal court in California has approved the settlement, and claimants can anticipate receiving their payments soon.
How Much Will You Receive From The Facebook Settlement Payout Per Person In March 2024?
Summary of FB Settlement Payment Amount In March
| Aspect | Details |
|---|---|
| Settlement Announcement Date | October 23, 2023 |
| Eligible Time Period | May 24, 2007, to December 22, 2022 |
| Settlement Amount | $725 million |
| Average Compensation | $30 per person |
| Total Legitimate Claims | Over 17 million |
| Payment Date | Expected in March 2024 |
| Settlement Administrator | Angeion |
| Official Website | facebookuserprivacysettlement.com |
Eligibility for the Settlement
To be eligible for the FB Settlement Payment, you must have been a U.S. resident who used Facebook between May 24, 2007, and December 22, 2022. If you have filed a valid claim and are not in the rejection zone, you qualify for the payment. Even if you have deleted your Facebook account, you are still eligible to receive the settlement payment.
Payment Details
The total settlement amount of $725 million will be distributed among claimants who successfully filed their claims by the deadline. The payment method can include prepaid Mastercards, PayPal, Venmo, Zelle, and physical checks, depending on the claimants’ choice on their application.
How to Check Your Settlement Status
To check the status of your Facebook settlement claim, you can visit the official web portal provided by the Settlement Administrator. For further details or inquiries, the toll-free number 1-855-556-2233 is available. Payments are expected to start rolling out in February 2024, with all eligible claimants likely to receive their payments by the end of March 2024.
Understanding the Settlement
This settlement comes as a response to the lawsuits filed against Facebook for misusing user data and violating privacy rights. The settlement aims to compensate affected users and address privacy concerns.
Settlement Payment Date
While the exact Facebook Settlement Payment Date 2024 has not been announced, it is anticipated to occur in March 2024, following the judge’s ruling that payments would be distributed 90 days after the settlement’s final approval.
Closing Thoughts
The FB Settlement Payment Amount per person in March 2024 marks a significant moment for user privacy and compensation in the tech industry. It underscores the importance of protecting user data and holding corporations accountable for privacy breaches.
Frequently Asked Questions
What is the FB Settlement Payment Amount per person in March 2024?
The average compensation is expected to be $30 per person from the $725 million settlement.
Who is eligible for the FB Settlement Payment?
U.S. residents who used Facebook between May 24, 2007, and December 22, 2022, and filed a valid claim are eligible.
When can claimants expect to receive the FB Settlement Payment?
Payments are expected to be distributed in March 2024.
How can I check my Facebook Settlement Claim status?
You can check your claim status on the official settlement website or call the toll-free number provided.
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