Facebook User Privacy Settlement Canada – Canadians in the USA Eligible for Cash Payouts from $725M
Canadian Facebook users who lived in the US between May 2007 and December 2022 are eligible to receive a piece of the USD 725 million settlement reached in a class action privacy lawsuit involving Cambridge Analytica. Facebook parent company Meta agreed to pay the settlement in December following claims that it had provided private user data to Cambridge Analytica, a data analytics firm that worked with the Trump campaign and other parties.
Some Facebook users in Canada may receive financial compensation as a consequence of a huge class-action lawsuit against parent company Meta. A number of Facebook users sued Meta, claiming that the company had shared friend and user data without permission. For the latest information on Facebook User Privacy Settlement Canada, visit facebookuserprivacysettlement.com. Canadian residents who previously resided in the United States are eligible to receive cash payments totalling up to USD 725 million.
Facebook User Privacy Settlement Canada
You are no longer able to submit a claim for your share of the USD 725 million settlement from Facebook’s Cambridge Analytica privacy class action lawsuit because the deadline for the FB Lawsuit Claim Payment 2023 Application Form has passed. The deadline for filing it was August 25. Canadian users of Facebook, either active or inactive, could submit online allegations for the lawsuit.
Exactly how each person receives their Facebook Settlement Check Amount 2023 will depend on the volume of claims submitted. During a scheduled hearing in October, a judge authorised the settlement’s final terms. The website said that the money “will be distributed as soon as possible” after the court approves the settlement and no more appeals are filed to pursue the case.
Canadian Facebook User Privacy Settlement 2023 Details
| Social Media Platform | |
| Name of Company | META |
| Country | Canada |
| Reason of Case | Data Breach by Facebook |
| Total FB Settlement Payout | USD 735 Million |
| Eligible Beneficiaries | Canadians living in USA |
| Category | Finance News |
| Eligible Duration | May 24, 2007, and December 22, 2022 |
| Official Website | facebookuserprivacysettlement.com |
Canadians Who Lived in USA can get Cash from $725 Million
Any Canadian residing in America between May 24, 2007, and December 22, 2022, who had a Facebook account, was eligible to file a claim and receive the substantial sum of money through it, even if the account is no longer active. The claim form, which asks for the account holder’s name, address, and email address along with the account’s last usage date in case it is no longer active, takes a few minutes to complete.
The FB Canada Lawsuit Claim Payment 2023 might be paid out in a few different ways. Claimants may choose to use a prepaid MasterCard, a direct bank account deposit, or electronic payment methods including PayPal, Venmo, and Zelle.
What was FB-Cambridge Analytica Scandal?
The Cambridge Analytica scandal was made public in 2018 by to reports from the New York Times and The Observer, a Sunday newspaper owned by the parent company of The Guardian.
A psychology professor used an app that provided a personality test to gather information on millions of Facebook users, which is what led to the scandal. Following that, psychological profiles of the users were created using this data, and political adverts were directed towards American voters.
Although Christopher Wylie, a Canadian whistleblower and data analytics expert who worked for Cambridge Analytica, was crucial to the revelations, the company declared bankruptcy and shut down.
A 2020 report published by the UK’s Information Commissioner questioned the legitimacy of Cambridge Analytica in light of allegations that it had an impact on the 2016 Brexit referendum. Nevertheless, misusing Facebook data resulted in numerous investigations and penalties.
Facebook was fined 500,000 pounds by the U.K. Information Commissioner’s Office in 2019, but the company declined to admit any wrongdoing.
Facebook also agreed to a USD 5 billion privacy agreement with the US Federal Trade Commission and a USD 100 million settlement with the US Securities and Exchange Commission in 2019.
In 2020, Facebook agreed to pay USD 9.5 million to settle an investigation by the Canadian Competition Bureau.
FB Lawsuit Claim Payment Amount 2023
The amount that is awarded will depend on the quantity of valid claims that are filed and the length of time that an authorised claimant had an active Facebook account during the designated period.
The decision about the 2023 FB Lawsuit Claim Payment Amount will be made after administrative costs and court fees have been deducted.
In order to opt out of the settlement, one must submit the opt-out paperwork by July 26. This would make it possible for someone to sue on the grounds of the cases resolved in the settlement.
Settlement money will be released once all appeals have been resolved and the court has granted its final approval.