Stay on our site to learn more about Facebook Settlement Amount Per Person in March 2024: Payment Dates and New Information.
How Much Each Person Will Get from Facebook
A federal court in California has given Facebook the go-ahead to settle the class action privacy lawsuit for $725 million. Many Facebook users have been trying to get a piece of the money the social media company decided to pay out as part of a privacy lawsuit settlement this year. The settlement was worth a lot of money.
The Facebook Settlement Amount Per Person is likely something you want to know if you are one of the millions of people who made a valid claim. With great happiness, we can say that the corporation has released the 725 million USD settlement payment. In this way, each person will get about USD 30.
This article will go into more depth about the Facebook Settlement Amount Per Person and who can claim this settlement amount.
How the Facebook Settlement Works
A group of millions of customers has sued the company for sharing the information. Meta, which is the parent company of Facebook, said how much customers will get as a payment.
In the end, the US court told the company to settle the case by paying a $25 million fine and giving the customers $725 million in settlement funds. The money has to be given to the users within 90 days, which is how long the court set.
Customers should receive their last payment within the first few months of 2024. A lot of people have filled out the application form to get the payout amount. The company will check these forms before giving out the money. These forms were finally turned in in August 2023.
A Look at The Facebook Settlement Amount
| Article Title | Facebook Settlement Amount Per Person |
| Country | USA |
| Settlement Amount | $725 million |
| Judgement Date | 10th October 2023 |
| Eligible Duration | 24th May 2007 to 22nd December 2022 |
| Payment Date | Expected in March, 2024 |
| Amount Per Person | $30 |
Who Is Going to Get the Facebook Settlement?
More than 2 billion times, users have signed up for the Settlement amount. There will be different amounts of money given to each entry. To get the money, the person has to do a few things. They will get the money based on how long they used the app and the online data breach.
The person filling out the application must have had an open account from 2007 to 2022. The person who used the tool should have needed more than six hours to do it. Users who have fake accounts will not get the payout amount. Users can fill out an application if they think someone has violated their right to privacy.
Date of The Facebook Settlement Payment
Each member is expected to get paid an average of $30. Before August 25th, nearly 17 million valid claims were sent in. The amount each person gets will depend on how long they had a Facebook account during the time they were eligible.
In his ruling, Judge Vince Chhabria said that the money would be given out 90 days after the settlement was officially approved. This would mean that the payments would start in early March 2024.
You will get your money through the payment method you choose on your claims form. When you file a claim, you can choose to get your money through PayPal, Venmo, a prepaid Mastercard, Zelle, or a check sent to your home. On the registration form, you could have chosen to have the paper check sent to your address instead.
Status of The Facebook Settlement Claim
In the past few weeks, 500,000 Americans were looking forward to getting a Check 2024 for the eBay privacy deal. Even so, the company has turned down almost 50,000 applications. These applications are turned down because the required paperwork is missing or because the applicants lied on their applications to get the money.
The group Angeion is in charge of the settlement fund and is currently going through the 28 million claims that have been sent in. Angeion made a claims portal with the most up-to-date information on Facebook data settlement so that they could handle the Facebook Settlement Claim 2024. You can get in touch with the business by phone through its website.
You may already have an email if your claim was one of the sad ones that was turned down. Make sure that the email address you used to apply for the claim is in both your mailbox and your spam folder. If you were turned down, you have ten days to ask for a second chance.
We are so happy that you found our website and are reading about the Facebook Settlement Amount Per Person in March 2024.