Facebook Settlement Payout
In 2023, Facebook (now Meta) settled a $725 million class-action lawsuit over privacy violations. U.S. users who had a Facebook account between May 24, 2007, and December 22, 2022, could file claims. The payout was expected in early 2024 but has been delayed due to appeals.
Key Dates and Current Status
- May 24, 2007 – December 22, 2022: Eligible period for Facebook users.
- August 27, 2022: Temporary settlement agreement.
- December 23, 2022: Facebook agreed to the $725 million payout.
- March 2023: Tentative approval of the settlement.
- September 7, 2023: Objections filed by class members.
- October 10, 2023: Final approval, but appeals delay payouts.
Expected Payout Date
- Original Estimate: February or March 2024.
- Current Status: Delayed due to appeals, possibly until late 2025.
Eligibility Criteria
- You must have been a Facebook user in the U.S. between May 24, 2007, and December 22, 2022.
- You needed to submit a claim by August 2023.
Payout Amount
- Total Settlement: $725 million.
- Individual Payouts: Depends on the number of valid claims and the duration of your Facebook usage during the eligibility period. Initial estimates suggested around $30 per user, but this could change.
- Distribution: Payments will be made through PayPal, Venmo, Zelle, or paper checks.
- Administrative Costs: Deducted from the total settlement before distributing funds.
How to Stay Updated Tips for Claimants
- Official Website: Visit Facebook User Privacy Settlement Website regularly. Use your claim ID and confirmation code to check your claim status.
- Legal News Websites: Follow websites that report on class-action lawsuits and settlements.They provide detailed updates on the process and payout timeline.
- Email Notifications: Check your email for updates if you filed a claim and emails from the settlement website aren’t in your spam folder.
- Social Media:Follow trusted legal news pages and consumer rights groups.They share timely updates on legal matters, including this settlement.
By keeping track of these sources, you’ll be able to stay informed about any changes or updates on the Facebook settlement payout.