FB Settlement Amount Per Person in February 2024: New Payment Dates and Amount{2024}

Updated on April 6, 2024

Explore our portal for a deep dive into the Facebook Settlement Amount Per Person in February 2024. Discover the latest on Payment Dates and Updates. Stay informed!

Facebook Settlement Amount Per Person

Exciting news! The federal court in California has officially approved Facebook’s $725 million privacy settlement. If you’ve filed a legitimate claim, you’ll be pleased to hear that each user is set to receive an average of $30 USD from the settlement. Check out the details and get ready for your share!

Let’s delve into the specifics of the Facebook Settlement Amount Per Person and understand the eligibility criteria for making a claim. Get all the details in this article!

Understanding Facebook Settlement

Millions of consumers have initiated a lawsuit against the corporation for data sharing. Meta, Facebook’s parent company, has now disclosed the settlement amount that customers can expect. Stay informed on the latest developments!

The US court has mandated the business to settle a complaint, imposing a $25 million fine and allocating $725 million for customer settlements. Users can expect to receive their share within the first few months of 2024, following the 90-day court-set deadline. Many users have already submitted their applications, with the firm currently in the process of verifying them before the anticipated release of funds, which concluded in August 2023. Stay tuned for your settlement update!

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Facebook Settlement Amount Overview

Article Title Facebook Settlement Amount Per Person
Country USA
Settlement Amount $725 million
Judgement Date 10th October 2023
Eligible Duration 24th May 2007 to 22nd December 2022
Payment Date Expected in February, 2024
Amount Per Person $30
Online Porta; facebookuserprivacysettlement.com

Who will Get Facebook Settlement?

Over 2 billion registrations have been received for the Settlement amount, but not all applications will receive the same compensation. Users need to meet specific requirements, considering factors such as the duration of app usage and the impact of the online data breach. To be eligible, users must have maintained an active account from 2007 to 2022, spending more than six hours on the platform. Fraudulent accounts will not be compensated. If users believe their privacy rights were violated, they can submit an application for consideration.

Facebook Settlement Payout Date

Participants can expect an average compensation of $30, with nearly 17 million valid claims submitted by August 25th. The payout for each person varies based on their Facebook account’s duration during the qualifying period.

Judge Vince Chhabria anticipates the money to be distributed approximately 90 days after the final settlement approval, likely starting in early February 2024.

Your chosen payment method on the claims application will determine how you receive your funds. Options include PayPal, Venmo, a prepaid Mastercard, Zelle, or a physical check sent to your address. If specified on the application, a paper check can also be mailed to you. Stay tuned for your payout!

Facebook Settlement Claim Status

In recent weeks, 500,000 Americans were expecting a Check 2024 as part of the Facebook privacy settlement. Unfortunately, around 50,000 applications have been turned down due to incomplete documentation or fraudulent submissions aimed at securing funds.

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Angeion, overseeing the compensation fund, is currently reviewing the 28 million claims through its dedicated claims portal for the Facebook Settlement Claim 2024. For the latest updates, their website provides contact details, including a phone number.

If your claim faced rejection, check your email inbox and spam folder for a notification. In case of denial, you have ten days to appeal the decision.

We’re thrilled that you’ve chosen our website to stay informed about the Facebook Settlement Amount Per Person in February 2024.

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