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Facebook users can now claim their share of a $725M privacy settlement. Here's how
ABC News ^ | 4/21/23 | ABC News

Posted on 04/26/2023 7:43:06 AM PDT by C210N

Facebook users who had an account at any time from May 2007 to the end of last year can now apply for their share of a $725 million privacy settlement that the platform’s parent company, Meta, agreed to last December.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: facebook
Nows your chance to take a bite out of fakebook.
1 posted on 04/26/2023 7:43:06 AM PDT by C210N
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To: C210N

CHRISTOFOROUS: Well, I think we all hear $725 million and our ears perk up because that sounds like a lot of money. But the fact is, when you divvy it up amongst millions and millions of people, it’s not that much money anymore


Pluss operating costs to distribute will use up half.


2 posted on 04/26/2023 7:45:57 AM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: C210N
Close. Your. Account.

What more proof do you need than "Facebook improperly sharing the personal information of 87 million users with third-party advertisers"?!!

3 posted on 04/26/2023 7:46:03 AM PDT by StAnDeliver (Tanned, rested, and ready.)
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To: C210N

If you are lucky you will get $5 from Meta - settlement only works out to about $9/person and lawyers and fees will likely take close to half of that - not even worth your time imo.


4 posted on 04/26/2023 7:49:32 AM PDT by qwerty1234
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To: PeterPrinciple
when you divvy it up amongst millions and millions of people...

If the MSM buries the story, that will limit the number of claims, increasing the individual payout.

However, the bigger thing here is not how much you or I can make off this, it's dinging Fakebook to the MAX.

5 posted on 04/26/2023 7:50:30 AM PDT by C210N (Everything will be okay in the end. If it’s not okay, it’s not the end.)
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To: C210N

by giving them more private information...

I’ll pass on the check for 11 cents.


6 posted on 04/26/2023 7:51:25 AM PDT by cableguymn
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To: cableguymn

“by giving them more private information...”

Exactly. Meta is all about selling your private information.


7 posted on 04/26/2023 7:54:32 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: qwerty1234
If you are lucky you will get $5 from Meta - settlement only works out to about $9/person and lawyers and fees will likely take close to half of that - not even worth your time imo.

I got in on the Equifax data breach settlement. Don’t even recall signing up. Years later I got a check in the mail. Yep, $9.

8 posted on 04/26/2023 7:56:35 AM PDT by Drew68 (Ron DeSantis for President 2024. A real conservative.)
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To: C210N

I had a notification on fakebook that it was available.


9 posted on 04/26/2023 7:57:04 AM PDT by cableguymn
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To: C210N

Like all class action cases after attorney fees here’s your quarter.

Been in one of them with State Farm Ins. receives 11 cents.


10 posted on 04/26/2023 8:23:36 AM PDT by Vaduz (....)
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To: Drew68
I got in on the Equifax data breach settlement. Don’t even recall signing up.

I signed up for that settlement. Took the option for five years of free monthly credit reports and credit monitoring. That has turned out to be somewhat useful. More so than a $9 payment.

11 posted on 04/26/2023 8:57:42 AM PDT by flamberge (Everybody's gonna hate it when we all play by the same rules)
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To: Vaduz
Been in one of them with State Farm Ins. receives 11 cents.

I was included in a class action with major credit card companies over excessive surcharges on currency exchange rates during international travel. They offered a blanket $25 dollar payment in settlement.

I waited. I had been working projects in Europe and Asia during the relevant time period and all my travel expenses were run through the affected credit cards. It was quite a bit more than my annual net income.

Many years later I got a check for several thousand dollars from them.

12 posted on 04/26/2023 9:08:03 AM PDT by flamberge (Everybody's gonna hate it when we all play by the same rules)
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To: qwerty1234

Don’t forget that everyone who applies for the “award” will have their data harvested (and sold) by the distributors.


13 posted on 04/26/2023 9:43:22 AM PDT by Don W (When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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To: flamberge

Your one of the few lucky ones

My case with Farmers Ins. (not State Farm Ins. oops)didn’t many I spoke with received the same raw deal the lawyers are in fat city now.

The Firm wins often


14 posted on 04/26/2023 10:00:15 AM PDT by Vaduz (....)
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To: C210N

Can I get some money for my alias FB page, as well as my real one?


15 posted on 04/26/2023 12:28:00 PM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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