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Second Facebook privacy settlement payout to begin June 9 from uncashed funds

By

Aimee Picchi

5h ago· 2 min readenNews

Summary

Facebook users who were part of the $725 million privacy settlement may receive a second payout from uncashed settlement funds, beginning June 9. The settlement stems from multiple lawsuits related to Facebook's 2018 Cambridge Analytica scandal, where user data was improperly shared with third parties like advertisers and data brokers. Meta has denied any liability in the case.

Key quotes

· 4 pulled
Some Facebook users may soon receive a second payout tied to parent company Meta's $725 million privacy settlement
The payment stems from a settlement of multiple lawsuits against Facebook by users who claimed the social media network improperly shared their information with third-party sources, such as advertisers and data brokers.
The lawsuits were sparked by Facebook's 2018 privacy scandal involving Cambridge Analytica, which scraped user data from the site to profile voters.
Meta has denied any liability
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The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.

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