Facebook Settlement Per Person Amount and Payment Release Date!

Class-action lawsuit against Facebook, now known as Meta, concluded with a $725 million settlement to address various privacy concerns. The payout amount is expected to average $30 per person, with more than $17 million valid claims filed before the deadline of August 25, 2023. 

Facebook Settlement Per Person Amount

The Facebook privacy settlement, amounting to $725 million, has received final approval by a federal judge in California. 

The payout amount is expected to average $30 per person, with more than 17 million valid claims filed before the deadline of August 25, 2023. The exact payout for individuals will vary depending on how long they held a Facebook account during the eligibility period. 

WhatsApp Channel Join Button

The distribution of funds is estimated to start 90 days after the final approval, and claimants will receive their payouts in the form they chose on their claims application.

When will Facebook settlement checks be mailed?

The Facebook settlement checks are expected to be mailed starting in early January 2024, which is approximately 90 days after the final approval of the $725 million class action privacy settlement. 

The exact date for the distribution of settlement payments has not been officially disclosed, but the process is anticipated to commence around this time. 

However, several factors can push this further:

  • Appeals: Two objectors have filed appeals against the settlement. The court must address these before finalising the disbursement timeline. If the appeals are dismissed, payouts could begin soon after their resolution.
  • Administrative tasks: Finalising the number of valid claims and calculating individual payouts takes time. Once appeals are resolved, it might take additional weeks or even months to complete these tasks before payments start.

Facebook Settlement Per Person Amount

Who Can Claim Facebook Settlement Payout?

To be eligible for a payout from the Facebook privacy settlement, you must meet certain criteria:

Location: You must be a resident of the United States.

Facebook usage: 

You must have had an active Facebook account at any point between May 24, 2007, and December 22, 2022. This includes:

  • Current users: If you still have an active Facebook account within the specified period, you’re eligible.
  • Deleted accounts: Even if you deactivated or deleted your Facebook account during the eligible period, you’re still eligible as long as it was active at some point between those dates.
  • Multiple accounts: If you had multiple Facebook accounts within the period, each account counts as a separate claim, potentially increasing your payout.

Claim submission: 

You must have filed a valid claim during the designated claim period, which ran from June 6, 2023, to September 29, 2023. Claims submitted outside this timeframe are ineligible.

Valid claim: 

Your claim must meet the settlement’s specific requirements for validity. This includes providing accurate information and fulfilling any necessary paperwork.

Exclusions: Certain individuals are excluded from the settlement, even if they meet the above criteria:

  • Facebook employees and their immediate family members
  • Anyone who opted out of the settlement class

How to Check the Status of Your Settlement Payment?

To check the status of your settlement payment, you can take the following steps:

Contact the Settlement Administrator: 

  • Many settlement administrators offer online platforms or portals that allow you to check the status of your payments in real-time. 
  • If available, sign up for an account to receive up-to-date details about the progress of your settlement.

Maintain Communication with Your Attorney:

  • If you were represented by an attorney, they can help track the status of your settlement check and provide you with relevant information about the process and timeline.

Stay Informed and Proactive: 

  • Keep in touch with both your lawyer and the settlement administrator and be proactive in seeking updates on the payment status. 

Factors Affecting Facebook Privacy Settlement Payouts

Before we delve into the details of receiving your potential payout from the Facebook privacy settlement, there are two crucial disclaimers to keep in mind:

It’s not a flat amount: 

The final payout per person will vary depending on several factors, including:

  • Account activation time frame: Users with longer Facebook histories during the eligibility period (May 24, 2007 – December 22, 2022) will receive proportionally more than those with shorter durations.
  • Valid claim submissions: Only validated claims will be considered for distribution. Ensure you filed a valid claim within the designated time frame (June 6, 2023 – September 29, 2023).
  • Legal fees: Attorneys involved in the lawsuit are entitled to a portion of the settlement, potentially reducing the available funds for individual claimants.

Timeline uncertainties: 

While initial estimates suggested potential payouts around January 2024, two factors introduce uncertainty:

  • Appeals: Objectors have filed appeals against the settlement. Resolving these appeals could delay the disbursement timeline significantly.
  • Administrative tasks: Finalising the number of valid claims and calculating individual payouts takes time. Even after appeals are resolved, further weeks or months might pass before payments commence.

Go to NCBLPC Homepage To Get Relevant Content.

Leave a Comment