Bonus payments announced in $725M Facebook privacy settlement. Here’s how much you’ll get
A second round of payments totaling $100 million is being issued to eligible Facebook users who cashed their initial settlement checks.Summary
A U.S. District Court in California has approved a second round of payments in the $725 million Facebook privacy settlement. This distribution targets approximately 15.7 million people who successfully cashed their initial payouts, utilizing funds from uncashed checks and expired digital payments. The payments are expected to be issued in batches over a four-week period starting June 9, with recipients notified three to four days in advance. The distribution methods include check, direct deposit, PayPal, Venmo, Zelle, and prepaid debit cards. The second round features a smaller pool of money, with a minimum payment of $4.67 and a maximum of $7.32, compared to the first round's minimum of $4.89 and maximum of $38.37. The lawsuit accused Facebook of sharing user data with third parties, including Cambridge Analytica.
(Source：NewsBreak)