AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Class actio meaning1/26/2024 ![]() PDT to consider: (1) whether to approve the Settlement (2) any objections to the Settlement or any of its terms submitted to the Court (3) the requests for awards to the Settlement Class Representatives and (4) the request for an award of attorneys’ fees and costs to Class Counsel for their work in this litigation. The Court has scheduled a Final Approval Hearing for the Settlement of this case on Septemat 1 p.m. ![]() Each Authorized Claimant will receive that per-point amount multiplied by the number of points they were assigned. The result will be the amount of the Net Settlement Fund available for each point. 25, 2023), the Settlement Administrator will add up all the points assigned to all the Authorized Claimants and divide the Net Settlement Amount by that number. Next, the Net Settlement Fund will be allocated to Settlement Class Members who submit valid claims, also called “Authorized Claimants.” The Settlement Administrator will assign each Authorized Claimant one point for each month in which the Authorized Claimant had an activated Facebook account during the Class Period.Īfter the deadline for submitting a claim (Aug. The resulting amount is called the “Net Settlement Fund.” The Net Settlement Fund is the amount of money available to be distributed to Settlement Class Members. The answer depends on how many Settlement Class Members submit valid claims and how long you were a user on Facebook during the Class Period.įirst, the total amount distributed will be the Settlement Fund minus the Administrative Costs, any amount awarded by the Court as fees and costs to Class Counsel, and any Service Awards to the Settlement Class Representatives. You can choose to hire your own legal counsel at your own expense. This option allows you to sue, continue to sue, or be part of another lawsuit against the Defendant related to the legal claims and factual allegations resolved by this Settlement. You can choose to opt-out of the Settlement and receive no payment. If your claim is approved by the Settlement Administrator, you will give up the right to sue the Defendant in a separate lawsuit about the legal claims or factual allegations this Settlement resolves. ![]() You may also call the Settlement Administrator to receive a paper copy of the Claim Form. You can submit your Claim Form online or download the Claim Form and mail it to the Settlement Administrator. The Claim Form must be submitted no later than August 25, 2023. The only way to receive a cash payment from this Settlement is by submitting a timely and properly completed Claim Form that obtains approval from the Settlement Administrator. If you were a Facebook user in the United States between May 24, 2007, and December 22, 2022, inclusive, you may be eligible for a cash payment from a Class Action Settlement. Here’s what Facebook users need to know about the settlement and eligibility: But Facebook users don’t have to wait to file a claim. Meta, Facebook’s parent company, has agreed to pay $725 million to settle a lawsuit that claimed the social media giant allowed personal user data to be shared with third parties, like Cambridge Analytica, a consulting firm that worked on behalf of Donald Trump’s presidential campaign in 2016.Ī judge tentatively approved the settlement in March, with final approval expected later this year. If you were using Facebook between 20, you could be eligible for payment from a massive class action lawsuit settlement.
0 Comments
Read More
Leave a Reply. |