Meta Platforms, the parent company to Facebook, has agreed to a $725 million settlement of the class-action lawsuit in which the social media company was accused of sharing private data about users with third parties without authorization, including with British political consulting firm Cambridge Analytica.

The settlement was revealed in a Thursday court filing, which seeks to end the long-running lawsuit that was touched off by revelations that in 2018, Facebook had given the consulting firm access to the private data of up to 87 million users.

Plaintiff’s lawyers noted the proposed settlement is the largest ever to be agreed to in a Class action lawsuit over data-privacy, and it is the highest settlement Meta has ever agreed to, in order to resolve a class action lawsuit.

In a statement, plaintiff’s lawyers said, “This historic settlement will provide meaningful relief to the class in this complex and novel privacy case.”

The lawsuit had expanded into examining all of the social media platform’s data-sharing practices. The plaintiffs had alleged the platform “granted numerous third parties access to their Facebook content and information without their consent, and that Facebook failed to adequately monitor the third parties’ access to, and use of, that information.”

The settlement will now have to be approved by judges overseeing the case.

A Meta spokesperson said in a statement that the company had admitted no wrongdoing as part of the settlement, noting, “We pursued a settlement as it’s in the best interest of our community and shareholders. Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program.”

Facebook agreed in 2019 to resolve a Federal Trade Commission investigation of its privacy practices by paying a $5 billion fine, and that year it settled with the Securities and Exchange Commission over claims of misleading investors about how it used user data, paying $100 million.

In 2018, Cambridge Analytica closed shop following the revelations that it had been given access to the personal information of millions of Facebook users for use in voter targeting and profiling. The firm acquired the data when a researcher was allowed by Facebook to deploy an app on the platform to harvest user data. The company had been employed by the Trump Presidential campaign, among others.