A portion of the USD 725 million settlement agreed in a class action privacy dispute involving Cambridge Analytica is available to Canadian Facebook users who resided in the US between May 2007 and December 2022. In December, after allegations that it had given private user data to Cambridge Analytica, a data analytics company that collaborated with the Trump campaign and other parties, Facebook parent company Meta agreed to pay the settlement.
A significant class-action lawsuit against parent firm Meta may result in financial compensation for some Facebook users in Canada. A number of Facebook users filed a lawsuit against Meta on the grounds that it had shared user and friend data without consent. So now check this page to get update on Facebook User Privacy Settlement Canada, Canadians Who Lived in USA can get Cash from USD 725 Million by checking the official website facebookuserprivacysettlement.com.
Facebook User Privacy Settlement Canada
The schedule for FB Lawsuit Claim Payment 2023 Application Form is now over and now you cant file a claim for your portion of the USD 725 million settlement from Facebook’s Cambridge Analytica privacy class action lawsuit. August 25th, was the last date to file it, allegations from current or past Facebook users in the Canada could be submitted online for the case.
Exactly how Facebook Settlement Check Amount 2023 is paid out to each individual will depend on how many claims are filed. In October, a judge approved the settlement’s final parameters during a scheduled hearing. The website stated that if no more appeals were filed to continue the lawsuit, the settlement will be approved by the court and the money “will be distributed as soon as possible.”
Canadian Facebook User Privacy Settlement 2023 Details
|Social Media Platform
|Name of Company
|Reason of Case
|Data Breach by Facebook
|Total FB Settlement Payout
|USD 735 Million
|Canadians living in USA
|May 24, 2007, and December 22, 2022
Canadians Who Lived in USA can get Cash from $725 Million
Even if the account is no longer active, any Canadian who were living in America and had a FB account between May 24, 2007, and December 22, 2022, was qualified to file a claim and get the huge amount of money via claim. It took a few minutes to complete the claim form, which requests the account holder’s name, address, and email address in addition to the account’s last usage date in the event that the account is no longer active.
There are several ways in which the FB Canada Lawsuit Claim Payment 2023 can be disbursed. A prepaid MasterCard, direct bank account deposit, or digital payment tools such as PayPal, Venmo, and Zelle are available to claimants.
What was FB-Cambridge Analytica Scandal?
- Reports by the New York Times and The Observer, a Sunday newspaper published by The Guardian’s parent company, in 2018 exposed the Cambridge Analytica controversy.
- In the scandal, a psychology professor collected data on millions of Facebook users using an app that offered a personality test. This data was then used to create psychological profiles of the users and target American voters with political advertisements.
- Christopher Wylie, a data analytics specialist and whistleblower from Canada who worked with Cambridge Analytica, was a pivotal role in the discoveries but the firm filed for bankruptcy and closed.
- A 2020 report released by the U.K’s ICO questioned Cambridge Analytica’s credibility in light of claims that it impacted the Brexit referendum in 2016. However, using Facebook data improperly led to several probes and fines.
- In 2019, the U.K. Information Commissioner’s Office fined Facebook 500,000 pounds but Facebook refused to acknowledge any wrongdoing.
- In 2019, Facebook also consented to a USD 100 million settlement with the U.S. Securities and Exchange Commission and a USD 5 billion privacy deal with the U.S. Federal Trade Commission.
- Facebook consented to pay USD 9.5 million in 2020 to resolve a Canadian Competition Bureau inquiry.
FB Lawsuit Claim Payment Amount 2023
- The number of legitimate claims that are submitted and the number of months that an approved claimant had an active Facebook account during the allotted time will determine how much is paid out.
- After accounting for court fees and administrative expenses, the FB Lawsuit Claim Payment Amount 2023 will be decided.
- The opt-out form was to be completed by July 26 if someone wants to be left out of the settlement. This would enable someone to file a lawsuit based on the legal disputes settled in the settlement.
- After the court gives its final permission and all appeals are settled, settlement monies will be issued.