Facebook Settlement Payout Date 2024 – When will payment be released?

On October 10, 2023, the $725 million Facebook class action privacy settlement received final approval. Payment distribution is anticipated to start in early April 2024. By August 25, 2023, 17 million users had made claims; as a result, an average of $30 will be awarded to each claimant.

Facebook Settlement Payout Date 2024

A federal court in California has given Facebook’s $725 million class action privacy settlement final approval. This implies that if you are one of the millions of individuals who filed a legitimate claim, your compensation portion will be arriving shortly.

Payments will be disbursed “as soon as possible” following the resolution of any challenges, according to a statement from the settlement administrator, Angeion Group. Facebook has 30 days to file an appeal after the October 10 ruling, but it hasn’t done so as of yet.

According to Judge Vince Chhabria’s decision, the money would be distributed 90 days following the settlement’s final approval, which would place the commencement date in early January 2024. However, the payout date is not yet official; it is once more expected to occur in April 2024.

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How much will you get from Facebook Lawsuit Settlement 2024?

The 2024 Facebook Settlement Claim is a result of claims made against the giant of social media for improperly managing user data and violating users’ right to privacy. Facebook has consented to resolve the issue through a compensation fund in order to allay these worries.

The goal of this fund is to reimburse impacted consumers who satisfy specific requirements. If you are one of the 17 million claimants who successfully filed the claim form on or before August 25, 2023, you will probably get an average payout of $30 from the anticipated $725 million settlement for the Facebook privacy lawsuit.

Over 17 million valid claims that were submitted before the August 25, 2023 deadline will share the $725 total. The settlement payout will be sent to the claimants using the selected payment process which includes PayPal, Venmo, Zelle, prepaid Mastercards, and physical checks.

Who is eligible for FB Settlement Payout 2024?

According to the settlement website, everyone who used Facebook in the United States between May 24, 2007, and December 22, 2022, is eligible to file a Facebook User Privacy Settlement Claim for 2024. To be eligible for the 2024 Facebook Lawsuit Claim Payment, claimants do not have to show proof that a third party accessed their data.

• The settlement applies to almost all American Facebook users who had an account at any point between May 24, 2007, and December 22, 2022.
• You are also qualified for this compensation if you have submitted a legitimate claim and are not in the rejection zone. 
• Even if you have now deactivated your Facebook account, you are still qualified to receive the 2023 Settlement Claim Payment from the settlement.

How to check the Status of Facebook Settlement Claim and Payment?

If applicants are unsure about the current status of their claims, they can use the procedure provided below to check the status of their claims. Even if the payment date might not arrive right away, this is a big step toward making sure that people are fairly paid for whatever injury they may have endured. 

Users should often visit the official settlement website and contact channels to be informed about any developments pertaining to the settlement as well as the status of their claims.

• You received the Claim ID in your registered email address and mobile number while completing the online form.
• On the official website, you may check the Facebook Settlement Status 2024 only with this Claim ID.
• It is recommended that you use your device to go to facebookuserprivacysettlement.com and check the payment status on the portal.
• Hit “Check status” after entering your claimant ID and any further criteria. 
• You will get paid if your application is accepted; if not, you will see a message that says “Rejected.” 

Facebook Lawsuit Settlement 

In October, a number of class action lawsuits pertaining to privacy were settled by Facebook’s parent company, Meta, for $725 million. The cases claimed, among other things, that Facebook had let third parties access its users’ and their friends’ private information without the consent of the users.

This includes private Facebook data belonging to over 70 million Americans that was acquired by Cambridge Analytica, a political consulting firm that supported Trump’s 2016 campaign. Birthdays, hometowns, and other intimate details like private messages may have been among the details contained in that private information.

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