Submitted 1 year ago by L4s@lemmy.world [bot] to technology@lemmy.world
How big will Facebook settlement checks be? Lawyers reveal estimated payment per person::Hoping the the massive Facebook privacy settlement is about to change your life? Don’t hold your breath.
And the lawyers walk away with a nice $181 million dollars…
Seems fair…
Unfortunately, this is the best our legal system has for punishing companies. It hurts them in the thing that they love the most, which is something. Then the lawyers get a payday and the average person in the class action gets a small slice of what’s left.
This is the best summary I could come up with:
(NEXSTAR) – Hoping the the massive Facebook privacy settlement is about to change your life?
Facebook parent company Meta recently agreed to pay $725 million to settle claims it violated users’ privacy by sharing their data with third parties.
In a court hearing on the lawsuit Thursday, class counsel revealed more than 28 million claims were filed before the deadline passed in August.
After attorneys’ fees and administrative costs, the settlement amount is still huge – but it won’t feel that way to the average person.
Because there are so many eligible recipients, lawyers for the plaintiffs told Judge Vince Chhabria they expect the median payment to be around $30.
On Thursday, Judge Chhabria gave the lawyers representing the plaintiffs another week to file some additional documents with the court.
The original article contains 290 words, the summary contains 128 words. Saved 56%. I’m a bot and I’m open source!
Shit. I got $400 off them not long ago for the Illinois privacy class action.
reversebananimals@lemmy.world 1 year ago
tl;dr $30 per claim
JimmyBigSausage@lemm.ee 1 year ago
$30 to pay you for more of your personal information, including your banking info if you chose to give it. Or personal home address.
brihuang95@sopuli.xyz 1 year ago
well, i can probably buy a meal or two with that so gimme the 30 bucks!!
LaunchesKayaks@lemmy.world 1 year ago
That’s a tank of gas for me so I see it as a win. I got $5 from the Equifax breach, so $30 is a quite improvement.
yoz@aussie.zone 1 year ago
🏅