Hey Montana, Facebook Owes You Money. Here’s How to Claim

Remember the big Cambridge Analytical scandal back in 2018? The one where Facebook (now Meta) allegedly shared millions of Americans' personal information with the British consulting firm to glean voter profiles? That was a pretty slimy thing to do. The company never admitted guilt, but they have settled the class action lawsuit that followed the scandal and they probably owe you money.

If you had a Facebook account between May 24th, 2007, and December 22nd, 2022 you can submit your claim in the class action lawsuit. Here is the link to submit your claim. It's very simple and you can choose various payment methods (Venmo, pre-paid card, bank account, etc.). The entire process took me just a couple of minutes.

Claims are due by August 25th, 2023.

According to the settlement agreement, attorneys estimate 250 million to 280 million adults were using Facebook during the time period in question and are eligible for compensation. Users must apply by August 25th. If you choose to opt out, you need to do so by July 26th.

Don't go buy out and buy a new sports car with your anticipated windfall.

The $725 million settlement is certainly a lot of money, but claimants will probably only receive a few dollars from the settlement after lawyer fees. There is a point-based system that determines how much you may receive, based on how many months your Facebook account was active during the time period. I'm fine with a few dollars. Give me my two bucks, Zuck! Find the settlement portal HERE. 

H/T SFGate