Facebook Settles $725 Million Class-Action Lawsuit Over Sharing of User Data

Facebook parent company Meta will pay $725 million to settle claims it improperly shared user data with third parties including Cambridge Analytica.
The settlement covers Facebook users in the U.S. between May 24, 2007 and December 22, 2022 who submit a claim by the August 25, 2023 deadline.
Individual payments will depend on the number of valid claims and may total a few hundred dollars at most.
The lawsuit accused Facebook of misleading users about how much control they had over the use of their personal information.
Meta denied any wrongdoing in the settlement, which is the largest privacy settlement in U.S. history and more than Meta has paid in any previous class-action agreement.