Claims for compensation by Facebook users eligible in its settlement for using data without permission have to be lodged today by 11.59 pm Pacific time.
Facebook, owned by Meta Platforms Inc (NASDAQ:FB), agreed to the US$725 million settlement following a class action brought by US users of the site following the Cambridge Analytica scandal
Anyone who used Facebook between May 24, 2007, and December 12, 2022, can claim for a payment even if they no longer have an account.
The amount to be paid depends on the number of claims.
Lawyers who brought the action will get 25% of the settlement and eight named plaintiffs to get up to US$15,000 with the rest divided equally among other claimants.
Experts said even if the payout is small, those affected should claim as it sets a precedent for any future data breaches by social media companies.
To claim, click here