US Facebook Users Can Claim Share Of $725 Million Lawsuit Settlement, But Only Until Friday
(www.iflscience.com)
from L4s@lemmy.world to technology@lemmy.world on 23 Aug 2023 16:00
https://lemmy.world/post/3694431
from L4s@lemmy.world to technology@lemmy.world on 23 Aug 2023 16:00
https://lemmy.world/post/3694431
US Facebook Users Can Claim Share Of $725 Million Lawsuit Settlement, But Only Until Friday::You only have until Friday.
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Just filed a claim for my deleted account, thanks!
How much money do you get if you file?
$725 million divided by number of claimants.
I wish the website told you how many have filed so far so you could determine whether it’s a waste of time or not.
kind of. from the research i did, the lawyer team can take up to 25% of that. so up to 180 million. and then there’s 8 plaintiffs that get 15,000 each. the leftover is divided amongst claimants. but i recommend anyone with a couple minutes (the submit claim form is very short) to fill out the claim. it shows bigger companies that people are actually doing their due diligence in keeping them in line. while i would love for very little people to claim so i can get a boatload, the point of these class actions, while compensation is good, is deterrence towards that company treating their consumers/customers like that again.
So taking that through to it’s conclusion that leaves a pool of $544 million. If 1 million people sign up, you’re getting $544, 10 million yields $54.40 and 100 million gives $5.45. So the question is, how many people do you think will sign up? My guess is somewhere between 10 and 100 million so you’ll probably get about $10-$30
Me too. I love that in order to prove I have a claim for my deleted account, I can submit my email address. My account was deleted, Facebook. Why do you still have my email address? Why do you still have records tying it to my deleted account?
Just submitted my claim. Here’s hoping for something mildly substantial.
Woohoo, I can go to Starbucks now!
Last class action I was in I got $40. Pretty sweet! Of course, I’m expecting something like $6.27, but you never know.
I think more like money they don’t get to keep.
They don’t get to keep it no matter what. The way it works is the money goes in a pot, the lawyers take a huge chunk out of that pot, and whatever is left over gets divided up even between everyone that applies to get some of the money. If there’s say $500 million left after the lawyers take their slice off the top, and only 1 person claims it, they get $500 million. If 1 million people claim it, they each get $500. If 50 million people claim it, they each get $10.
And in case anyone has never heard of this website, here’s the same story on CBS News
cbsnews.com/…/facebook-settlement-lawsuit-claim-m…
This claim site’s privacy policy seems to reserve their right to use your submitted data for marketing and promotional purposes…
Enjoy your $2.37