Particle.news

Second Facebook Settlement Distribution Begins June 9 for Those Who Cashed First Checks

Funded by returned uncashed checks, the payouts deliver modest sums that highlight questions about how class-action funds are allocated.

Overview

  • The court-authorized second distribution starts Tuesday, June 9 and will be sent in batches over about four weeks with email notices sent three to four days before each payment.
  • Only class members who cashed their initial settlement checks are eligible for the supplemental payment; people who never claimed or never cashed a first check will not receive money.
  • About $95 million is being redistributed after administrative fees were taken from roughly $100 million in returned funds, and more than 15 million eligible people are expected to share the pool.
  • Individual shares are calculated by allocation points tied to how many months an account was active between May 24, 2007, and Dec. 22, 2022, with the administrator estimating roughly $4.67 to $7.32 per person.
  • The payments stem from a roughly $725 million settlement over claims Facebook made user data available to third parties without consent and may renew scrutiny of how small, pro rata class payouts affect real people while Meta denies wrongdoing.