Facebook Settlement Payout: Check Amount, Eligibility & Payment Dates

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The anticipated Facebook settlement payout has drawn attention from millions of U.S. users after the social media giant agreed to a $725 million settlement. This significant sum stems from the Cambridge Analytica scandal, which exposed Facebook’s improper handling of user data, reportedly affecting up to 87 million users. While Meta, Facebook’s parent company, denied wrongdoing, it settled in December 2022 rather than face prolonged litigation. As one of the largest privacy settlements in the U.S., it involves nearly 28 million claimants, each expected to receive an average payout of around $35. However, despite the settlement’s approval in October 2023, payments are delayed until at least mid-2025 due to ongoing appeals, leaving claimants waiting for resolution.

Facebook Settlement Payout: Check Amount, Eligibility & Payment Dates
Source: Bshec

Eligibility and Claim Requirements

The Facebook privacy settlement is open to U.S. residents who maintained an active Facebook account between May 24, 2007, and December 22, 2022. Eligible users were required to file a claim before the deadline of August 25, 2023. Unfortunately, those who missed this date are no longer eligible for payment. Claimants who filed before the deadline were assigned one “point” per active Facebook month within the eligibility period. The number of points accrued determines each claimant’s payout amount, with longer-term users expected to receive slightly higher sums than the $35 average. Payments can be received via direct deposit, check, PayPal, Venmo, Zelle Pay, or prepaid MasterCard, depending on the claimant’s preference indicated during filing.

Payment Timeline and Pending Appeals

The settlement payout is on hold due to two pending appeals challenging the distribution of funds. The court will not disburse funds until these appeals are resolved, pushing any potential payout to the first half of 2025, at the earliest. A recent update from September 19, 2023, clarified that hearings on the appeals are scheduled for early 2025, indicating a likely delay until mid-2025. If the appeals are dismissed or resolved without further delay, funds may be released. However, any additional legal hurdles could further prolong the distribution timeline. Meta has not provided specific dates for the appeal hearings, but affected users are encouraged to stay informed through official updates.

How to Track Claim Status

For the latest updates on claim status and payout timelines, claimants can visit the official Facebook privacy settlement website: facebookuserprivacysettlement.com. Users can log in using the unique Claim ID received upon filing, which enables them to access detailed claim information. The portal will also update the appeal outcomes and any further distribution delays.

Facebook Settlement Payout: Check Amount, Eligibility & Payment Dates
Source: Entrepreneur

With the payout now expected no sooner than 2025, claimants are advised to monitor the website for updates and remain informed about new developments. Despite the protracted timeline, this settlement signifies a considerable step toward protecting user privacy in digital spaces, highlighting the significance of accountability for data misuse.

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