Facebook Begins Sending Settlement Payments from Cambridge Analytica Scandal Soon
"Facebook users who filed a claim in parent company Meta's $725 million settlement related to the Cambridge Analytica scandal may soon get a payment," reports CNN, since "on August 27, the court ordered that settlement benefits be distributed."
It's been over two years since Facebook users were able to file claims in Meta's December 2022 settlement. The class-action lawsuit began after the social media giant said in 2018 that as many as 87 million Facebook users' private information was obtained by data analytics firm Cambridge Analytica...
Meta was accused of allowing Cambridge Analytica and other third parties, including developers, advertisers and data brokers, to access private information about Facebook users. The social media giant was also accused of insufficiently managing third-party access to and use of user data. Meta did not admit wrongdoing as part of the settlement. Following the Cambridge Analytica incident, Facebook restricted third-party access to user data and "developed more robust tools" to inform users about how data is collected and shared, according to court documents...
Any US Facebook user who had an active account between May 24, 2007, and December 22, 2022, was eligible to file a claim, even if they have deleted the account. The deadline to file was August 25, 2023. Almost 29 million claims were filed and about 18 million were validated as of September 2023, according to Meta's response in a 2024 legal document... Payments will either be sent directly to the bank account provided on the claim form, or via PayPal, a virtual prepaid Mastercard, Venmo or Zelle. Unsuccessful or expired payments will receive a "second chance email" to update the payment method.
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