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.
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.
Did TikTok and Snapchat settle $92 million lawsuits?
TikTok and Snapchat are paying out big to some Illinois residents after they both settled multi-million dollar class action privacy lawsuits. CHICAGO (WLS) -- Illinois residents may be getting a substantial payout after TikTok settled a class action privacy lawsuit for $92 million.
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 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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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 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 is the TikTok settlement?
According to court documents, a proposed $92 million settlement is pending in the TikTok, Inc., Consumer Privacy Litigation, a lawsuit that alleges the company “violated federal and state law by collecting and using" personal data "in connection with their use of the TikTok - Make Your Day video-sharing application" and its predecessor app Musical.ly.
Who owns TikTok?
In September, TikTok announced it had 1 billion users globally. The app, owned by Chinese company ByteDance, has seen its share of controversy and recently came under criticism for its effect on teenage girls' body image.
What is the law that allows tiktoks to collect data without consent?
The federal lawsuit alleged that TikTok broke the Illinois biometric privacy law, which allows suits against companies that harvest consumer data without consent, including via facial and fingerprint scanning. Illinois is the only state with a law that allows people to seek monetary damages for such unauthorized data collection.
What age group uses TikTok?
The app has become a favorite of young people, especially Generation Z. According to a Pew Research Center study from April, about 48% of 18- to 29-year-olds say they use TikTok.
When is the deadline to object to a settlement?
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.
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.
What Is This Lawsuit?
- The settlement is the result of an amalgamation of 21 lawsuits, many of which were filed on behalf of minors. Documentsfiled in U.S. District Court in Illinois allege that TikTok uses a “complex system of artificial intelligence to recognize facial features in users’ videos” and that it analyzes faces to “determine the user’s age, race/ethnicity, and gender ... to recommend conten…
What’s Changing?
- TikTok, which has denied all allegations, said it settled for the payout to prevent the case from going to trial. “While we disagree with the assertions, rather than go through lengthy litigation, we’d like to focus our efforts on building a safe and joyful experience for the TikTok community,” the company said in a statement following the February settlement agreement. TikTok will delet…
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. U.S. residents who used TikTok before Oct. 1 are eligible to submit claims. Illinois residents are eligible for a larger share of the settlement pool. Each person is eligible for one share of the divided settlement. Illinois re...
How Do You Submit A Claim?
- 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. If the court approves the deal, payments would b…