Are you eligible for $92 million payout from TikTok settlement?
Millions of TikTok users may be eligible for a payout after TikTok agreed to a $92 million settlement in light of lawsuits over user privacy. AP TikTok users may be eligible for a share of $92 million after the social media company agreed to a class-action settlement.
Is there a lawsuit against TikTok?
TikTok settles lawsuit for $92 million. Why you might not get any settlement money A federal judge in Illinois has granted final approval for a $92 million class-action lawsuit settlement between the social media network TikTok and users of the platform, with Illinois residents set to receive the largest share of the payout.
What does the $92 million settlement with ByteDance mean for TikTok?
The $92 million settlement is small change for TikTok since the app’s parent company, ByteDance, is worth $250 billion, according to Bloomberg. In light of the settlement, TikTok has made changes to its data and privacy settings.
How do I file a TikTok data privacy lawsuit?
To submit a claim, visit the TikTok data privacy settlement website. Claims must be submitted by March 1. Settlement class members can also object to the settlement by writing a letter to the court by Jan. 31.
How many lawsuits have been filed against TikTok?
The settlement stems from 21 separate lawsuits accusing TikTok of violating federal and state law by collecting and using the personal data of users without “sufficient notice and consent.”
Can Illinois residents sue companies for violating biometrics?
Users who live in Il linois may be entitled to six times as much money as non-Illinois residents because the state is the only one in the nation that “allows people to sue companies for violating biometric privacy laws.”
How Do I Qualify For Payment?
If you reside in the United States and used the App prior to September 30, 2021. If you and/or your minor child used the TikTok and/or Musical.ly application, You May Be Entitled to a Payment from a Class Action Settlement.
How Do I File a Claim and Get Paid?
You must submit a completed Claim Form to receive a payment. You will receive your payment by electronic means (unless you opt for an alternative form of payment). You can fill out a claim form on the official class action's website HERE .
How much money was reached in TikTok lawsuit?
A $92 million settlement was reached in TikTok’s class action lawsuit – and you might be eligible for a share of the money.
When do you have to submit a claim for a settlement?
Court documents say that if you qualify for a settlement payment, you must submit a valid claim for before March 1, 2022. There are several ways to submit a claim.
Who is eligible to submit a claim?
All United States residents who used the app before Sept. 30, 2021 is eligible to submit a claim.
How much is TikTok class action settlement?
TikTok $92 million class action settlement: Who is eligible? How much could you receive? - al.com
How much do you get for a TikTok claim?
If 1.5% of TikTok users submit a claim, most people could receive $63.89 while people in Illinois could receive $383.33 due to a law that allows larger settlements there. If 20% of eligible people submit claims, non-Illinois residents could get $4.70; Illinois residents could get $28.75.
How many people are affected by the TikTok lawsuit?
The settlement, pending from a lawsuit filed in the U.S. District Court of the Northern District of Illinois, could affect as many as 89 million people. The lawsuit alleges Byte parent company TikTok improperly collected and used plaintiff’s data, claims the company denies.
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TikTokData Privacy Settlement For Class Action Lawsuit
As mentioned earlier, a notification popped for the people who were using TikTok before October 1 this year, which mentioned something about a compensation claim.
What Will Be Payout Per Person?
Well, $92 million is a large amount of money, but you cannot expect to get a big piece of that for yourself.
Who is eligible for the settlement? How much will you actually get?
Although parent company ByteDance is set to pay a hefty settlement, individuals aren’t likely to walk away with that much.
What is this lawsuit?
The settlement is the result of an amalgamation of 21 lawsuits, many of which were filed on behalf of minors.
How much did TikTok settle?
Lawyers are in gridlock over a proposed $92 million settlement of TikTok users’ claims that it illegally collected their data, disagreeing on the size of the payout and how to alert people that they are entitled to cash.
Who owns TikTok?
Representatives for TikTok, which is owned by Beijing-based ByteDance Ltd., have denied that the app scans users’ faces but said they preferred the settlement to a lengthy court battle.
How Much Money Can You Make on TikTok?
Making TikTok videos is straightforward, and this accessibility has given rise to a new generation of digital artists. Many of these earn thousands of dollars from their videos every month.
How Much Are the Big Influencers Making on TikTok?
Forbes released its first-ever list of TikTok's highest-paid stars in 2020. According to that, Addison Rae Easterling tops the list. She made a whopping $5 million in a year. Charli D' Amelio is a close second, having made $4 million in 2020, whereas her sister Dixie D' Amelio occupies third place on the list—having made $2.9 million.
Is TikTok a social network?
TikTok is one of the fastest-growing social networks today. These websites and apps only make it better than ever before.
Does TikTok pay creators?
Unlike Twitter or Facebook, TikTok does not share its ad revenue with its creators. What it does do, however, is pay creators who have 100,000 followers on their videos. The company does this using TikTok's $1 billion Creator Fund.
