Privacy concerns have led to the filing of a class action lawsuit against Meta (previously Facebook), the most popular social networking platform, by individuals registered in the United States. A lawsuit has been filed in response to allegations of privacy violations. Meta has settled with affected consumers by agreeing to pay them a total of $725 million as part of the Facebook Class- Action Settlement 2024.
Even though payments were supposed to start in 2024, there has been a delay in the process. For information on how to assess whether or not you are eligible for the Facebook Class-Action Settlement 2024 and when payments will be disbursed, please refer to the information provided in the article that may be found below.
Facebook Class-Action Settlement
Facebook, which is now known as Meta, and its users struck a settlement in a class-action lawsuit in 2023 on concerns regarding users’ privacy. Users in the United States are going to be compensated for claimed abuses of their privacy through the settlement, which is valued at $725 million.
The schedule has gotten more complicated, even though previous predictions placed the beginning of dividends at the beginning of 2024. Individuals can receive compensation if they have made legitimate claims by the 25th of August, 2023. The amount of money that will be paid out will change depending on how long you have been using Facebook.
| Article for | Facebook Class-Action Settlement |
| Lawsuit Name | Facebook Class Action |
| Lawsuit Type | Class Action |
| Organized By | Meta |
| Settlement amount | $725 million |
| Site | |
| Payment date | To be announced |
| Official Website | facebookuserprivacysettlement.com |
The beginning of the payout procedure is now anticipated to take place in June of 2024. Payments will be made by paper checks, PayPal, Venmo, and Zelle, among other payment methods. At the official Facebook Settlement 2024 website, you will need to input your claim ID and confirmation code to monitor the progress of your claim there.
Facebook Class Action Settlement Payment Amount
Users from all over the world can connect through the usage of Meta, which was once known as Facebook. In the year 2023, a class action lawsuit was brought against Meta because of major issues over private information.
In the United States of America, residents have been affected by problems such as identity theft and account hacking, which prompted legal action. As the primary subject of the lawsuit, Meta was accused of failing to effectively protect the privacy of its users. Due to the claims that have been made against Meta, the company has reached a settlement agreement of 725 million dollars.
Individuals who are eligible and who have submitted their claims by the 25th of August in 2023 are scheduled to get this reimbursement. The beginning of payments was initially anticipated to take place at the beginning of 2024; however, there has been a delay for reasons that have not been revealed. A claim form must be submitted by the deadline to be eligible for reimbursement.
Additionally, you must have been a Facebook user between the years 2007 and 2022. Please visit the official settlement website or news portals for the most recent information regarding the status of your claim and the anticipated date of completion of the reimbursement.
Facebook Settlement Payout Dates
Users in the United States are going to be compensated for privacy infringement through the $725 million Facebook Settlement 2024 has reached. A comprehensive look at the most important dates and the present standing of the payouts is as follows:
- Throughout this period, which spans from May 24, 2007, to December 22, 2022, users must have been active on Facebook to be considered for inclusion in the settlement class. As a reminder, the deadline for submitting claims was the 25th of August, 2023.
- A preliminary settlement deal was reached between Facebook and the plaintiffs on August 27, 2022. An agreement was reached.
- It was formally announced on December 23, 2022, that Facebook had consented to the payout of $725 million.
- A federal judge gave the settlement provisional approval in March 2023 with a late start date.
- Objections were raised by members of the class on September 7, 2023, regarding the conditions of the settlement.
- The court gave its final approval of the settlement on October 10, 2023, but took note that any appeals would cause a delay in the distribution of the funds.
Eligibility, Size of Payout, and Common Reasons to Delay
According to the first projections, payments were anticipated to be made somewhere between February and March of 2024.
The current situation is that the payouts have been put on hold since some of the class members have filed appeals. Due to the appeals procedure, there is a possibility that payouts may be greatly delayed, possibly even reaching late 2025.
What caused the delay?
Continuing the appeals process is the key cause for the delay that has occurred. It is not possible to disperse the settlement until all of the appeals have been decided.
Eligibility Requirements
- You were a user of Facebook in the United States of America.
- You utilized Facebook during the dates of May 24, 2007, and December 22, 2022.
- If you satisfy these requirements and have claimed before the deadline. Your claim will be handled once the appeals have been resolved. Claims that were submitted by individuals who did not use Facebook during the eligibility period. Or who did not submit a claim before the deadline are not eligible for reimbursement.
Size of the Payout:
- Complete Amount of the Settlement: It has been decided that the settlement sum will be $725 million.
- Personal Contributions to the Payout: The amount of the payout that will be given to each qualified user will be determined by:
- The overall amount of legitimate claims.
- The amount of time you spent using Facebook throughout the period in which you were eligible.
- Anticipated reward Range: Over seventeen million claims have been submitted, and it is anticipated that the average reward per user is somewhere around thirty dollars. This is an estimate, and the actual number of claims that are authorized may differ from what is shown here. To prepare the settlement amount for distribution, administrative expenses will be subtracted from the total amount.
How to Check Your Claim Status Online?
The following procedures need to be taken to verify the status of your claim online:
- Pay a visit to the Official Website of the Settlement: For more information regarding the Facebook Settlement 2024. Please visit the official website at https://facebookuserprivacysettlement.com/. To avoid falling victim to phishing scams, you need to make sure that you are on a trustworthy and safe website.
- Enter your login information or create a new account: By the criteria of the website, either log in using the credentials you currently possess or establish a new account if you have not done so already.
- Please proceed to the section under “Claim Status.” Try to locate a section or tab that is labelled “Claim Status” or something similar. Within this section, you will be able to monitor the development of your claim.
- Input the Specifics of Your Claim: When you want to see your status. You will need to input the relevant information, such as your claim ID or registration data.
- Examine Your Current Situation: Any new information on the processing or payment of your claim will be displayed on the website. Together with the current status of your claim.
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What is the subject of the class action lawsuit filed against Facebook in 2024?
- People who use Facebook are concerned about their privacy. Which is the subject of the class action lawsuit filed against Facebook.
- A lawsuit was filed in the year 2023. In which individuals expressed their dissatisfaction with the breach of their data that was caused by cybercrimes.
- The data breach has been the primary concern of the citizens. Which is what led to the filing of the complaint and the formation of the class action.
- At this time, the Company has decided to grant compensation to the individuals. It is reported that the payout will amount to $725 million.
- The precise date that this lawsuit will be settled has not yet been disclosed. But we can anticipate that it will be disclosed very shortly.
PV Martinez holds an MBA in Finance from the University of Michigan. When not analyzing numbers, PV enjoys playing football and spending time singing his favorite tunes.