Facebook has recently agreed to pay $725 million as the compensation amount to people who made a claim. This money is provided against the Class Action Lawsuit that has been filed by numerous people for breach of user’s data. This amount is carried out in the form of a settlement amount to compensate for their unlawful practices.
People are highly excited to know that Facebook will provide some sort of amount to their service users. However, this money was meant to be distributed in early 2024 but due to some reason, it was not provided to their claimant. People need to know detailed information about the reason for the delay and other relevant things that can affect their overall Facebook Settlement Check.
People are looking for their portion with high excitement. However, people need to keep calm and wait for some more time because a $725 Million Facebook Settlement Going Out in the upcoming days.
$725 Million Facebook Settlement Coming
Facebook has been sued for the illegal activity in which they provide access to third-party applications to use their service user’s information. It has breached the customer’s privacy rights. A group of people have filed a class lawsuit against Facebook.
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After a while, Facebook agreed to pay $725 million as compensation amount to people who were affected by to privacy breach. Facebook Settlement Amount was approved by the judge federal judge of California on October 2023. People were expected to receive their compensation amount but unfortunately due to some reason, it was not deposited.
Currently, people are highly excited to know the updates and relevant information to receive this Facebook Settlement Payouts. It is expected that valid claimants will receive these compensation benefits in the upcoming days. To know all the updates and current information regarding the $725 Million Facebook Settlement Going Out, you should keep reading this article to understand the claim process, eligibility to receive the settlement amount, and its important dates.
FB Settlement Updates- Overview
| Article On | $725 Million Facebook Settlement Coming Soon |
| Country | USA |
| Department | |
| Beneficiary | Affected Service Users |
| Settlement Amount | $725 Million |
| Amount Per Claimant | $30 |
| Official Website | facebookuserprivacysettlement.com |
Facebook Privacy Settlement Check Eligibility
Facebook has millions of service users. So, everyone is not eligible to receive this Facebook Privacy Settlement Check. It will be provided to some particular users who meet the eligibility criteria and have made a claim to receive this amount.
- You were a Facebook Service user in the USA.
- You have used Facebook dates between May 24, 2007, and December 22, 2022.
- You have claimed the official website within the provided deadline of August 25, 2023.
- You must have met the entire above standard to become valid claimants for the FB Privacy Settlement Payouts.
Delay in Facebook Privacy Settlement Amount
Final approval to release the Facebook Privacy Settlement Fund was provided by the federal judge of California. However, due to significant reasons, Facebook delayed paying the settlement check to eligible claimants.
After that, Judge Chhbria also ordered to release of the Settlement Fund Facebook in 90 days up to early January 2024. But still, the funds were not paid to the claimants. However, it was expected that funds would be released during February or March of 2024.
Currently, people are still waiting for their Facebook Settlement Check due to ongoing appeals which delay the release of the fund process. However, people are not expecting this settlement amount till early 2025.
Facebook Privacy Settlement Claim Process
People are looking to make a claim to receive their compensation amount of the Facebook $725 Million Settlement Amount. Currently, you are not able to claim this compensation amount at this point. People were provided with the deadline to claim the settlement fund. August 25, 2023, was the deadline to raise a claim. However, previous steps included the following.
- You need to submit the Name, Address, and Email address.
- You also need to share the information relevant to your Facebook Account such as phone number, e-mail address, and username.
- You also need to make a selection of the method of payment and need to provide relevant information.
Some people may have deleted their accounts. They don’t need to be disappointed. There is some sort of process they need to follow to raise a claim for the FB Settlement Funds.
- You need to go to the Facebook Privacy Settlement Website.
- Then you need to click on the submit claim button to raise a claim and fill out the form.
- You will provided with a link with a text to “edit your claim”.
- Now you need to provide the Notice ID and Confirmation Code mentioned at the top of the notice to access or edit the claim.
- Now in the details section, you must go to the tab with the text “Filing claim for the Deleted Account, Current Account, or a combination of both”.
- Then you should provide the information asked for a successful claim.
Facebook Settlement Payment Amount
After the final hearing judge provides the approval to release the Facebook Settlement Funds to people as compensation for their data loss. Now people are willing to know the exact amount they will receive from the total of $725 million of settlement amount. Every individual is not guaranteed to get this FB Privacy Settlement Check. Different points are to be considered before the calculation of the fund value of $725 million among each claimant.
- It will depend on numerous factors such as how long you have used Facebook during the provided time duration and others.
- It also depends on the total number of claimants who have claimed till August 25, 2023, for this settlement benefits.
- Net FB Settlement Amount can be much less than the $725 after deduction of administrative as well as legal charges from it.
- After all the deduction and considering different factors, approx. $30 is the average amount that you may receive after the release of the $725 million FB Settlement Check.
- $300 Direct CTC Payment Updates 2024
Check your Facebook Settlement Status
Facebook has sent a notification in April to their valid claimants who will receive the FB Settlement Amount. About 500,000 claimants were rejected by Facebook according to eligibility criteria. However, people are also looking to check the status of the Facebook Settlement Status.
People need to go to the claims portal set by Angeion where a current update of Facebook Compensation Amount is provided.
If case of any confusion, you can also make a call or connect with Angeion on the phone. You can ask relevant questions. You can also get some FAQ information to gain more information on this FB Settlement Benefit.
Niamh Prescott has a degree in Mass Communication and an MBA in Finance. She has worked for two media houses and is now running her own media company.
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