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Facebook $725M Privacy Settlement: How to Claim Your Share

By Sophie Hawthorne
Published in Financial Planning
May 10, 2023
1 min read
Facebook $725M Privacy Settlement: How to Claim Your Share

Hey! Did you hear about Facebook’s $725 million privacy settlement? It’s been all over the news. Basically, if you live in the US or have lived there, and your personal information was harvested by Facebook, you might be eligible for a payout.

The settlement was reached after a five-year-long lawsuit against Facebook that claimed the company used personal data without permission. So, if you were affected by it, you could get some money. And let’s be honest, who doesn’t like free money?

Now, before you start daydreaming about all the things you could do with that extra cash, there are some things you need to know. You need to prove that Facebook used your data without your knowledge, and the amount you’ll get depends on how many people apply for the settlement. So, the payout might not be that huge after all. But still, who doesn’t want a little extra cash in their pocket?

On a more serious note, this case highlights the importance of privacy and data protection. We should all be aware of how our data is used and who has access to it. It’s crazy to think that a company as big as Facebook could get away with using people’s information without their consent for so long. But, thanks to this settlement, they won’t be able to do it anymore.

Overall, I think this Facebook privacy settlement is a big deal. It’s not every day that people get the chance to hold a big corporation accountable. And, if you’re eligible for a payout, you might as well go for it. Who knows? It might be enough to treat yourself to a fancy dinner or a new pair of shoes.

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Sophie Hawthorne

Sophie Hawthorne

Freelance Writer

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