Cash Payouts From $725 Million Available to Canadians in the USA Under the Facebook User Privacy Settlement Canada
Cash Payouts From $725 Million Available to Canadians in the USA Under the Facebook User Privacy Settlement Canada. A substantial portion of the $725 million settlement, resulting from a class-action privacy dispute involving Cambridge Analytica, is now available to Canadian Facebook users who resided in the US between May 2007 and December 2022.
Meta, the parent company of Facebook, agreed to this settlement in December, following allegations of providing private user data to Cambridge Analytica.
Class-Action Lawsuit Against Meta
In a significant development, a class-action lawsuit against Meta by Facebook users in Canada alleges unauthorized sharing of user and friend data. This lawsuit opens the possibility of financial compensation for affected users residing in Canada who were part of the Facebook platform during the specified period.
Claim Process and Deadline
The application period for the FB Lawsuit Claim Payment 2023 has concluded. August 25th marked the deadline for filing claims, and submissions were accepted online from current or past Facebook users in Canada. The court will determine the distribution of the settlement amount based on the number of claims filed.
Canadians in the USA Eligible for Cash Payouts
Any Canadian who resided in the USA and had a Facebook account between May 24, 2007, and December 22, 2022, qualifies for a claim, irrespective of the account’s current status. The claim process, which required basic information such as the account holder’s name, address, and email, aimed to compensate eligible individuals with a significant amount from the $725 million settlement.
Payment Options for Claimants
The FB Canada Lawsuit Claim Payment 2023 offers various disbursement methods, including a prepaid MasterCard, direct bank account deposit, or digital payment tools like PayPal, Venmo, and Zelle.
FB-Cambridge Analytica Scandal
Origins of the Scandal
The 2018 scandal, exposed by The New York Times and The Observer, revealed how a psychology professor collected data on millions of Facebook users through a personality test app. This data was then used to create psychological profiles for targeted political advertisements.
Impact and Whistleblower
The scandal implicated Cambridge Analytica in influencing the Brexit referendum in 2016. Christopher Wylie, a Canadian data analytics specialist and whistleblower, played a pivotal role in revealing the misuse of Facebook data. Despite Cambridge Analytica’s closure, investigations and fines ensued.
Legal Consequences for Facebook
In response to the scandal, Facebook faced fines and settlements, including a £500,000 fine by the U.K.’s Information Commissioner’s Office in 2019 and a $5 billion privacy deal with the U.S. Federal Trade Commission. The FB Lawsuit Claim Payment Amount 2023 is contingent on the number of legitimate claims submitted.
ConclusionÂ
The court-approved settlement awaits final permissions, and once all appeals are settled, the settlement monies will be issued. The FB Lawsuit Claim Payment Amount 2023 will be determined after factoring in court fees and administrative expenses, providing eligible claimants with compensation for the privacy breach.
