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Facebook Begins Lawsuit Compensation Payouts: Check Your Eligibility

by Adersh Unni Krishnan
August 19, 2023
in Business
Reading Time: 3 mins read
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Facebook Begins Lawsuit Compensation Payouts: Check Your Eligibility

Facebook Begins Lawsuit Compensation Payouts: Check Your Eligibility. Image Credits: arstechnica

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Facebook by Meta has been on the top headlines not for coming up with some great features and with the release of their new threads app, but infact the social media giant has also been taking the attention of many users because of its controversies, especially with the handling of the user’s data has been something which has resulted in taking Meta to the court’s doorsteps too.

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Right after facing a lot of controversies which resulted in taking the parent company of Facebook, Meta to court steps which then resulting the company paying out millions as compensation in a similar way, we have the new class action lawsuit filed against Facebook after which now the social media giant has been planning to settle their lawsuit compensation to their users and you have got around 1 week to file for the compensation amount, let’s take a deep look into it. Here we have got you covered with everything you need to know.

Facebook by Meta Settling Cambridge Analytica Lawsuit

Facebook by Meta Settling Cambridge Analytica Lawsuit
Facebook by Meta Settling Cambridge Analytica Lawsuit
Imasge Credits: Brand Equity

Facebook by Meta has been going through a lot of controversies, especially with the lawsuits filed by many users, and right after a long battle in courts, finally, Meta has agreed to pay out compensation to its users.

Also Read: Zuckerberg says Musk ‘isn’t serious’ about cage fight

As per reports, Mark Zuckerberg-owned Meta agreed to pay out settlement claims on the lawsuit for alleging of selling persona data of Facebook users to third parties, and with further investigation, it was revealed that Cambridge Analytica was the consulting firm who has reportedly used Facebook user personal data to support Donald Trump’s 2016 presidential campaign.

Although Meta has agreed to payout to its users they have strongly emphasized that they haven’t done anything wrong.

Also Read: @Jack (Dorsey) quits Instagram, putting the first-name handle up for grabs

Facebook Users Can Now Claim Compensation in One of the Recent Lawsuits

Facebook Users Can Now Claim Compensation in One of the Recent Lawsuits
Facebook Users Can Now Claim Compensation in One of the Recent Lawsuits
Image Credits: Facebook

Talking about this new lawsuit, Meta has already started the process to pay out the users and the company has started allowing users to file their claims for the users and has kept the deadline for filing their lawsuits by the 25th of August this year.

To talk more about this claim, it’s been said that Facebook has already started with the filing of their new settlement claims through the links mentioned below.

Claim your Settlement on Facebook here

Also, you will be getting an option to edit your claim right before the deadline.

Also Read: Facebook Ordered to Pay Norway $100,000 Daily for Privacy Violations

Who is eligible for this settlement?

Meta Facebook Settlement
Credits: The Economic Times

If you are imagining if you are eligible to get this lawsuit settlement amount right into your bank account or not, then here we have got you covered with the eligibility criteria.

Also Read: After the owner of Meta threatens to cancel an MMA match, Elon Musk threatens to “bang on” Mark Zuckerberg’s “door” the next day

This new lawsuit settlement claim applies to millions and millions of users who will be able to take this payout into their bank account. The criteria mentions:

“If you were a Facebook user in the United States between May 24, 2007, and December 22, 2022, inclusive, you may be eligible for a cash payment,” the settlement details state.

However, if you are among the users to delete their Facebook users in that period then also you will be eligible for this compensation payout by Meta, although, there is a chance that users who deleted accounts may be getting a lowered compensation over the other ex-Facebook users. 

Source: TheHill

Tags: Cambridge AnalyticafacebookFacebook CompensationMeta
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Adersh Unni Krishnan

From God's own country, an adventure thirstier who is among the first to hit the road and gets out of hands in exploration for more hustle and bustle! He is also a computer nerd who is pursuing his majors in the field of computer science but his real passion could be seen while watching him talking about tech and entertainment topics at times. Moreover, you will find him around the clock mostly just sitting on his chair running his hands over his clicky keyboard. He believes in passion and hustle bringing new learning curves for self-development! Also, he has been devoting his work to the web for more than two years.

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