The deadline for a Facebook settlement claim form is Friday for a $725 million settlement – NBC Chicago

Facebook users, the clock is ticking.

The deadline to file a claim in Facebook’s $725 million collective privacy settlement is Friday, and only eligible users who file a claim will be among those who will receive a portion of the multimillion-dollar payment.

A $725 million class-action settlement has been reached with Facebook’s parent company, Meta Platforms Inc. late last year, and it could mean money for some users.

Anyone who was a Facebook user in the United States at any time between May 24, 2007, and December 22, 2022 is eligible for file a claim.

Settlement guidelines have been expanded to include more users. But how much you can get, and what you’ll need to file a claim, depends on several factors.

Eligible users have until August 25, 2023 to apply.

Meta is paying to settle a lawsuit that alleged that the world’s largest social media platform allowed millions of its users’ personal information to become available to third parties without their permission, and claimed that the platform did not monitor or enforce third party access to the data they received. This includes Cambridge Analytica, the company that supported Donald Trump’s 2016 presidential campaign and continued to use it for political advertising on the platform.

The latest lawsuit and settlement differs from the $650 million class action settlement it reached with Facebook in Illinois last year, which resulted in hundreds of dollars in payments to more than a million residents. However, it is one of the many social media settlements in Illinois. Another settlement that currently accepts claims is that of Instagram.

Here’s what you should know:

Who is eligible to file a claim?

Anyone who was a Facebook user in the United States at any time between May 24, 2007, and December 22, 2022 is eligible for file a claim.

Settlement eligibility guidelines were expanded this summer to more users. But how much you can get, and what you’ll need to file a claim, depends on several factors.

Under the latest update, individuals who had Facebook accounts during the period of the deleted lawsuit are now also eligible to file a claim.

An email sent to Facebook account holders said the change affects individuals who deleted one or more Facebook accounts in the study period May 24, 2007 and December 22, 2022 before creating a new Facebook account in the same period.

How do I fill in the claim form?

Individuals hoping to receive payment as part of a class action settlement can file a claim here Any time until August 25, 2023.

Those who file a deleted account claim are required to do the following:

  1. Go to settlement website
  2. Click Submit Claim.
  3. Click the link at the top of the page to amend your claim (“Submitted a claim? Click here to amend your claim”).
  4. Provide the Notice ID and Confirmation Code provided at the top of this Notice in order to access and amend your claim.
  5. In the “Details” section of the form, go to the third question (“Are you filing a claim for a checking account, a deleted account, or a combination of the two?”)
  6. Choose from the options: “Checking Account(s),” Deleted Account(s), or “Current & Deleted Accounts”.
  7. Complete the required information in relation to your account(s), as applicable.

What do I need to submit a claim?

In addition to providing some personal information, as well as a preferred payment method, class action members will be They were asked to provide their Facebook usernameAs well as any phone numbers and email addresses associated with the account.

How to find your username on facebook

Your specific Facebook username can be found by logging into your Facebook account, then going to: “Account” > “Settings & Privacy” > “General Account Settings” > “Username”.

How much can I get in a down payment?

The settlement official says the size of each individual payout ultimately depends on how long each person has been a Facebook user and how many users ultimately file a claim before the deadline.

Administrative and court costs will initially be deducted from the gross settlement total, creating a ‘Net Settlement Fund’, from which payments will be made.

The amount each Claimant receives will then be determined by the duration of Facebook usage and the total number of Claimants.

Each eligible claimant will be allocated “1 point per month” if they have an active Facebook account during that period. Once you determine the total number of Claimants and their points, along with the total amount of the Settlement Fund, each person will then receive a specified amount, multiplied by the total number of points.

Deadlines to find out

Those who do not file a claim, choose not to participate, or object to the Settlement are automatically part of the Settlement, but are not eligible to receive payment unless a claim is made.

The deadline for submitting a claim is August 25, 2023.

The final settlement approval hearing is scheduled for September 7, 2023 at 11 a.m. CST.

More information about the most recent settlement can be found here.

What do you know about the accusations?

The case stemmed from revelations in 2018 that Cambridge Analytica, a company with ties to Trump strategist Steve Bannon, paid a Facebook app developer to access the personal information of about 87 million users of the platform. This data was then used to target American voters during the 2016 campaign that culminated in Trump’s election as the 45th president.

The uproar over Zuckerberg’s revelations has left him devastated Questioned by US legislators And spurred people’s calls for it Delete their Facebook accounts.

Outside of the Cambridge Analytica case, Meta has been under fire over data privacy for some time. In May, for example, the European Union slapped a death sentence Record a fine of $1.3 billion It ordered it to stop transferring users’ personal information across the Atlantic by October. And the tech giant’s new text app, Threads, has done just that It was not released in the European Union due to privacy concerns.

The Associated Press contributed to this report.

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