Facebook's Settlement Payments Are On The Way - Here's How Much You Can Expect

Maria Korneeva/Moment via Getty Images

Follow ZDNET: Add america arsenic a preferred source connected Google.

ZDNET's cardinal takeaways

• Payments person started going retired successful nan 2023 Facebook privateness suit.
• Each personification who revenge will get betwixt $5 and $40.
• Your magnitude depends connected really agelong you utilized nan site.

If you revenge a declare successful nan $725 cardinal Facebook privateness settlement backmost successful 2023, your costs mightiness beryllium connected nan way.

Several years ago, Facebook, its genitor institution Meta, and governmental trading institution Cambridge Analytica were criticized for perchance mishandling personification data. A judge later approved a monolithic people action colony complete nan matter, and anyone who utilized Facebook from 2004 to 2022 was eligible to declare a portion of nan funds.

Also: You tin declare up to $7,500 from AT&T's $177M information breach payouts - really to cheque your eligibility ASAP

The years-long process is coming to a close, though, arsenic users are yet starting to person funds. The settlement website was precocious updated to opportunity that nan "distribution of colony benefits has commenced" and would proceed for nan adjacent 10 weeks. 

The tract says that if nan suit administrators o.k. your claim, you'll person an email 3 to 4 days earlier you person your payment. Watch for an email called "Facebook User Privacy Settlement -- Settlement and Distribution Status Update" from "Facebook User Privacy Settlement Administrator" astatine donotreply@facebookuserprivacysettlement.com.

How overmuch is each personification getting successful nan settlement?

Out of nan allotted $725 million, a judge has already approved respective payments: $120,000 for 8 lead colony people representatives, much than $180 cardinal successful lawyer fees, and almost $4 cardinal successful "other costs." This leaves $541 cardinal for nan affected users.

Also: Is Meta secretly scanning your phone's camera roll? Check this mounting to find out

Court documents show that nan smallest payout you mightiness person is $4.89, while nan biggest is $38.36. Whether you're connected nan debased extremity of nan precocious extremity depends connected really often you utilized Facebook during nan model successful question. Every period gets you an "allocation point." The much points you person (188 would beryllium nan maximum), nan higher your payment. 

Meta denied immoderate wrongdoing but agreed to nan colony to debar nan hassle and costs of going to court.