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Facebook Begins Sending Settlement Payments from Cambridge Analytica Scandal Soon
"Facebook users who filed a claim in parent company Meta's $725 million settlement related to the Cambridge Analytica scandal may soon get a payment," reports CNN, since "on August 27, the court ordered that settlement benefits be distributed." It's been over two years since Facebook users were ab...
The class-action lawsuit began after the social media giant said in 2018 that as many as 87 million Facebook users' private information was obtained by data analytics firm Cambridge Analytica... Meta was accused of allowing Cambridge Analytica and other third parties, including developers, advertisers and data brokers, to access private information about Facebook users. The social media giant was also accused of insufficiently managing third-party access to and use of user data. Almost 29 million claims were filed and about 18 million were validated as of September 2023, according to Meta's response in a 2024 legal document... Payments will either be sent directly to the bank account provided on the claim form, or via PayPal, a virtual prepaid Mastercard, Venmo or Zelle.
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