Facebook users will need to file a claim by August if they want to get a piece of a $725 million class-action settlement from a lawsuit which alleged the social media company had violated the privacy rights of its users, according to a new website.
The lawsuit was launched in 2018 following revelations that the social media company had improperly shared the private information of 87 million users with a political research company named Cambridge Analytica.
To qualify, applicants must have had an active Facebook account between May of 2007 and December of 2022. Applicants will have until August 25th to file a claim. The individual payout amount has not yet been determined because it will depend upon how many users submit claims, as well as how long each user had maintained their Facebook account.
British political consultancy firm Cambridge Analytica was employed to perform research for a number of primarily conservative American politicians, among them former President Donald Trump and US Senator Ted Cruz. The company was given access to user’s private information as it conducted its research and targeted advertising for the candidates.
When the breach in user data was revealed, Facebook founder Mark Zuckerberg was forced to testify in front of Congress. He also took out full-page ads apologizing for the violations of users privacy. He said, “I’m sorry we didn’t do more at the time. We’re now taking steps to ensure this doesn’t happen again.”
The lawsuit over the matter was settled in 2021 by the company without admitting any wrongdoing. At the time, a company spokesperson said, “We pursued a settlement as it’s in the best interest of our community and shareholders.”
To make a claim, Facebook users should visit the website Facebookuserprivacysettlement.com and enter their name, address, email address, and confirm they lived in the U.S. and were active on Facebook between the aforementioned dates.