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 settlement?
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. Payments will be made only after the court grants final approval of the settlement at a hearing scheduled for May 18.
How much money can I earn from TikTok?
The easiest way to determine how much you could potentially earn from TikTok is to enter your username in our TikTok Influencer Engagement and Earn...
How much can you make on TikTok?
Unlike YouTube, TikTok users don’t get to share in the advertising revenue on the platform. So, you have to find other ways to earn money on TikTok...
How do you make money on TikTok?
Although you can’t share in TikTok advertising revenue, successful TikTok performers can still make money on the platform. The most obvious way is...
Can you get rich on TikTok?
Enter any famous TikTok performer’s name into our TikTok Influencer Engagement and Earnings Calculator. You will see they have the potential to ear...
How do I grow my TikTok account?
The key to making money on TikTok is having millions of active, engaged followers. That may seem a daunting goal, but anyone can achieve this if th...
How many followers do you need to get paid on TikTok?
There is no set magic number of followers needed to make a living on TikTok. The essential factor is the strength of your following. Sure, the more...
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 can I claim money on TikTok's privacy settlement?
If you were a TikTok user before October 1, 2021, and live in the US, you might be entitled to a share of a $92million class-action settlement.
How much will you get if you submit a claim?
Although ByteDance – TikTok’s parent company – is expected to pay a sizable settlement, individuals are unlikely to get too much.
TikTok settlement: How to claim
To be eligible to receive money, you need to have been using the app by Sept. 30 and need to submit a claim form by March 1, 2022, court documents show. Parents can submit claims for minors.
TikTok lawsuit deadlines
Jan. 31: Deadline to object and tell the court you don't like the settlement and last day to be excluded from the settlement, which means you'll get no benefits.
What is the lawsuit against TikTok?
alleging that the company violated federal and state laws after they “collected and used” personal data “without sufficient notice and consent” to TikTok or Musical.ly users, according to court documents.
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.
How much did TikTok pay out?
The video-sharing app TikTok has agreed to pay out $92 million to settle lawsuits alleging the service harvested personal data from its users without their permission, and if you meet the relevant qualifications, you could be eligible for a piece of the pie. Here’s what you need to know about the case and how to submit a claim for your share.
What are the details in the case against TikTok?
It began with a number of lawsuits, many of them filed on behalf of minors, that claimed TikTok “clandestinely vacuumed up” private and personally identifiable data from its users, violating federal and state laws that require written consent before technology companies can mine personal details. The plaintiffs allege TikTok took this data without permission from users as young as 6 years old, then shared it with entities including Facebook, Google, and various companies in China.
Who is eligible for a payout in the settlement?
This is a class action settlement, meaning millions of people qualify. Anyone in the United States who used the TikTok app before Sept. 30, 2021, is eligible. Adults can submit claims on the behalf of their minor children.
How much might I expect to get?
has an estimated 130 million TikTok users; if every one of them successfully applied for a claim, that would amount to about 70 cents per person — before legal fees are taken out of the payout. The total each person gets is ultimately dependent on how many people actually submit a claim.
How to object to a settlement?
To do this, you must send in a written statement of your objection by Jan. 31, 2022. More details here.
Does TikTok send data to foreign companies?
In addition to the sky-high payment — touted as one of the largest in history for a privacy case — the settlement includes agreements from TikTok that the company will no longer record users’ locations or biometric data, including the details of their faces, and will not send data of American users to foreign companies.
Is TikTok a class action?
After more than a year of legal battles, TikTok agreed in February to a class action settlement in which neither side was declared a “winner,” but the app’s parent company would pay up in order to settle the dispute out of court. “Rather than go through lengthy litigation, we’d like to focus our efforts on building a safe and joyful experience for the TikTok community,” a TikTok spokesperson said at the time.
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.
