How to collect your share of the $725 million Facebook Settlement in Privacy Suit

If you were a Facebook user between May 24, 2007, and December 22, 2022, you could be eligible for a payout from the Facebook privacy lawsuit settlement. Here’s what you need to know to file your claim:

Submitting Your Claim

The claim submission process is quick and easy. Here’s what you need to do:

  • Go to the settlement website and provide your contact information.
  • Answer a couple of brief questions about your Facebook account.
  • Fill out the entire claim, which should take less than 3 minutes.
  • Choose from various direct deposit options, including Venmo.
  • Important Dates

Make sure you submit your claim by August 25th to be eligible for a payout. After the final hearing on September 7th, the payout should be issued.

If you choose not to participate in the settlement, you must opt-out by July 26th. This way, you retain the right to file a separate lawsuit against Facebook for any privacy claims.

How Much Will You Get?

How to collect your share of the $725 million Facebook Settlement in Privacy Suit
How to collect your share of the $725 million Facebook Settlement in Privacy Suit

The amount of your payout depends on two things: the number of claimants and the length of time you had a Facebook account.

Claimants will receive “points” for each month they had an account between May 24, 2007, and Dec. 22, 2022. After lawyers’ fees of up to 25% and cash for the class representatives, the money will be split based on the number of points.

The plaintiffs’ lawyers estimate that 250 million to 280 million U.S. adults are eligible for payment. However, the exact amount of your payout is uncertain and will depend on the number of claims submitted.

Final Thoughts on Facebook privacy lawsuit settlement

While the case could have gone to trial, the lawyers estimated that it would have been difficult to prove actual damages for the entire user base. In addition to the settlement payout, Facebook was also issued a $5 billion fine by the Federal Trade Commission for privacy violations.

So, if you are eligible for a payout, file your claim by August 25th, and hope for the best!

Frequently Asked Questions on the Facebook privacy lawsuit settlement

How much will I receive from the Facebook privacy lawsuit settlement?

The exact amount of your payout is uncertain and will depend on the number of claims submitted and the length of time you had a Facebook account. Claimants will receive “points” for each month they had an account between May 24, 2007, and Dec. 22, 2022. After lawyers’ fees of up to 25% and cash for the class representatives, the money will be split based on the number of points.

When is the deadline to file a claim for the Facebook privacy lawsuit settlement?

The deadline to submit your claim is August 25th.

Who is eligible for a payout from the Facebook privacy lawsuit settlement?

If you were a Facebook user between May 24, 2007, and December 22, 2022, you could be eligible for a payout.

How do I file a claim for the Facebook privacy lawsuit settlement?

To file a claim, go to the settlement website and provide your contact information, answer a couple of brief questions about your Facebook account, and fill out the entire claim, which should take less than 3 minutes.

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