Time is running out to file claims for Facebook's $725 million data privacy settlement

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Time is running out to file claims for Facebook's $725 million data privacy settlement
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If you were a user of Facebook in the United States for any period between May 24, 2007, and December 22, 2022, you may file a claim but time is running out.

Anyone in the United States who had a Facebook account in the past 16 years has roughly one week left topay $725 million to settle

That includes roughly 70 million US-based users' private Facebook data that was accessed by the political consulting firm Cambridge Analytica, which had been working for the Trump presidential campaign in 2016. If you were a user of Facebook in the United States for any period between May 24, 2007, and December 22, 2022, you may file a claim.You must submit your claim using this form by 11:59 pm PT on Friday, August 25 if you're filing online. If you are filing by mail, your envelope must be postmarked by August 25.

Using an oversimplified example, if the net settlement amount is $100 and the total number of points for all claimants adds up to 500, you would be paid 20 cents for every month you had an open account between May 2007 and December 2022. If your account was activated for, say, 52 months you would receive $10.40 . If it was activated all 187 months of that period you would receive $37.40.Once everyone's claims are in, there will be a final approval hearing for the settlement of the case.

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