Facebook has denied that they did anything wrong and believes it would win at any trial on the merits. Although the company has concluded, the settlement was agreeable to lessen wasting time, risk, and cost of defending protracted litigation and to avoid the risk posed by the Class’s claims for damages.
Full Answer
What is the $650 million settlement with Facebook?
A federal judge gave his final approval for a $650 million settlement in the Facebook class action lawsuit where it alleges that the tech giant illegally stored customers’ biometric data. They made the final approval near February’s ending, and Judge James Donato decided on a case that took over five years.
How much will Facebook pay to settle privacy lawsuit?
Facebook is set to pay $90 million to settle a privacy lawsuit alleging the social network impermissibly tracked users after they logged out of the platform, according to a proposed preliminary settlement filed in federal court.
Why is my $345 from the Illinois Facebook privacy settlement delayed?
Waiting for your $345 from the Illinois Facebook privacy settlement? Here’s why it’s delayed. Payouts in the $650 million Illinois Facebook class-action privacy settlement have been delayed after three users of the social media platform appealed a court decision approving $345 each for 1.6 million class members.
How much of Facebook did mark Saverin get in the settlement?
The terms of the settlement weren't discussed publicly, but Saverin reportedly received $5 billion in shares (or 4 to 5 percent of them). Forbes reports that most of Saverin’s net worth comes from his stake in Facebook.
When am I getting my Facebook settlement check?
When will your settlement check arrive? Facebook class action update: “The Settlement Administrator began sending settlement payments to class members on May 9, 2022. It will take about two weeks to finish mailing the checks and processing the electronic payments.
What happened to the Facebook settlement in Illinois?
Facebook agreed to pay $650 million to end the litigation, with the money to be split among Illinois Facebook users who filed claims by a certain deadline, minus costs and $97.5 million in attorneys' fees.
Can I still get money from Facebook settlement?
Anyone who submits a valid claim form by September 22, 2022, can receive settlement money — if their form is approved by the Settlement Administrator.
What is going on with the Facebook settlement?
The lawsuit — known as "Facebook Internet Tracking Litigation" — accuses Facebook of "improperly obtaining and collecting data" through non-Facebook websites that displayed a Facebook "Like" button. Facebook has denied any wrongdoing, but is still choosing to settle the matter without going to trial.
Who gets a check from Facebook?
The court determined this includes “Facebook users located in Illinois for whom Facebook created and stored a face template after June 7, 2011.” To receive payment, you must have lived in Illinois for at least 183 days (or six months) after June 11, 2011.
How much are Facebook settlement checks?
In 2021, Facebook agreed to a $650 million settlement to a suit that alleged it broke Illinois' biometric laws by collecting and storing users' physical characteristics without their consent. Nearly 1.6 million Facebook users in the state each received $397 payouts.
How much should I expect from BCBS settlement?
The exact number of claims was not available on the website but if, say, 1.5 million people filed valid claims, then the average payment would be $12.66. If 150,000 people filed claims, then the average payment would be $126.60.
How do I claim money on Facebook?
Access Payout SettingsGo to the Facebook section in Creator Studio.Select. Monetization.Select Payout Settings. Here you'll see a list of all payout accounts associated with the eligible Pages you have selected in your Page picker at the top of your screen.Choose an account and select Manage Account.
How can I get $400 on Facebook?
You must have filed a claim form by November 23, 2020 to receive a payout. If you do not remember whether you filed, or if you think there has been a mistake, you can contact one of the following: Settlement Administrator: 1-844-799-2417. Edelson PC, lawyer appointment to the case: 1-866-354-3015.
Why are people getting checks from Facebook?
Here's how you may get one. The free money from Facebook comes from a law in Illinois that is called the Biometric Privacy Act, which basically prevents companies from selling, storing, or collecting biometric data such as fingerprints or face scanning without obtaining consent from the user.
When are Facebook settlements due?
These are not required for Facebook users who registered for the platform after the 3rd of September 2019 or who enabled facial recognition through Facebook settings. Settlements are expected to be paid within 60 days of the effectivity date to class members who submit a claim form.
How much did Facebook settle in 2021?
By Consider The Consumer on March 17, 2021. A federal judge gave his final approval for a $650 million settlement in the Facebook class action lawsuit where it alleges that the tech giant illegally stored customers’ biometric data.
How did Facebook get facial data?
The case alleges that the social media platform was getting facial data by using a feature that Facebook offers, which allows people to tag themselves in photos other people took.
How long does it take for Facebook to turn off facial recognition?
The class member’s facial recognition setting in the platform will be turned off within 3 months of the effectivity date and remove any existing face templates unless Facebook gets express consent from the account holder within 180 days.
Can you tag someone on Facebook?
It also works both ways; that is, once you upload a photo and it recognizes someone on your friend list, Facebook will ask you if you’d like to tag them as well.
Who sued Facebook in Cook County?
Chicago attorney Jay Edelson first sued Facebook in Cook County Circuit Court in 2015.
Can you save a face template on Facebook?
Once a user allows Facebook to save their face templates, they should receive information on how the templates will be used.
It all starts at Harvard
In 2003 Zuckerberg and Saverin were both students at Harvard and created Facebook together. Saverin, then a college junior, invested $15,000 in Facebook’s future. Facebook went live a year later, with Saverin’s money paying for the servers.
Zuckerberg's plan plays out
Zuckerberg reduced Saverin’s stake in the company by 10 percent by creating a Delaware corporation, a new company that would acquire the old company, in 2004. He would then redistribute the shares.
Saverin sues Facebook and receives settlement
Saverin filed a lawsuit shortly after being fired by Zuckerberg in April 2005. The lawsuit predictably grew to be such a hot topic that a movie was made about it ( The Social Network ), showing the origin story of Facebook and the fallout between its founders. Saverin's lawsuit alleged that the stock purchase in 2005 was invalid.
What is the Facebook lawsuit?
The lawsuit — one of more than 400 filed against tech companies big and small in the past five years, by one law firm's count — alleged that Facebook broke Illinois' strict biometric privacy law that allows people to sue companies that fail to get consent before harvesting consumers' data, including through facial and fingerprint scanning.
How many people filed a lawsuit against Facebook in Illinois?
More than 1.42 million Illinois residents filed a claim for a payout potentially ranging from $200 to $400 from a $650 million settlement in a lawsuit filed against Facebook. The law firm that filed the suit said Tuesday that 1.42 million people filed claims, one day after the deadline to do so.
What companies are suing in Illinois?
Although there are Illinois lawsuits against other major tech companies, including Google, Snapchat and Shutterfly, the vast majority of the cases are filed on behalf of employees who were directed to use fingerprint scanning systems to track their work hours and who accuse employers or the systems' creators of failing to get their prior consent.
Is Pay By Touch going bankrupt?
Pay By Touch, a startup that teamed with grocery stores to offer fingerprint-based payments, had gone bankrupt and was expected to auction off its assets, including its database of users' information. Worried about where that user data would wind up, Illinois lawmakers quickly passed a law in 2008 requiring companies to get consent before collecting biometric information and to create a policy specifying how that information will be retained and when it will be destroyed.
Does Sony sell AIBO dogs in Illinois?
Facing Illinois' law, some companies opt out of the state. Sony, for instance, refuses to sell its “aibo” robot dog to Illinois residents and says the device's ability to behave differently toward individual people depends on facial recognition technology.
Does Facebook change tag suggestion?
Facebook only changed the technology last year. The tag suggestion tool was replaced a broader facial recognition setting, which is turned off by default.
How much did Facebook pay out in Illinois?
Payouts in the $650 million Illinois Facebook class-action privacy settlement have been delayed after three users of the social media platform appealed a court decision approving $345 each for 1.6 million class members.
What are the objections to a settlement?
The objections concern attorneys’ fees and whether the settlement amount is large enough, setting the stage for an appeals process that could take some time.
How much did Donato pay for Facebook?
Out of the $650 million Facebook agreed to pay, Donato awarded $97.5 million in attorneys’ fees and about $915,000 in expenses.
How long do you have to live in the state to be eligible for Facebook?
To qualify, Facebook users had to live in the state for at least six months over the last nine years. Nearly 1.6 million claim forms were filed by the Nov. 23 deadline, representing about 22% of eligible users.
What is the name of the camp where a volunteer shot a walnut?
After some serious drinking one night, a local game warden said he wasn’t too drunk to shoot a walnut off the head of a volunteer. Naturally, someone was drunk enough to volunteer. The game warden placed the tiny target on the volunteer’s head, aimed his .22 rifle, and shot the nut right off. This caper was called by a witness “one damned goofy thing to do,” and the camp was ever after known as Goofy Ridge. ( Wikipedia)
Where is the Lincoln debate?
The town is also the site of famous Lincoln/Douglas debate at the Beardstown Courthouse. A Lincoln Museum is on the second floor of the courthouse along with many Native American relics. ( Wikipedia)
When is the Sandwich Fair in Illinois?
Held yearly, the Wednesday–Sunday after Labor Day since 1888 , it is one of the oldest continuing county fairs in the state of Illinois, drawing daily crowds of more than 100,000, with the top attendance days reaching more than 200,000 fair-goers. ( Wikipedia)
How did Facebook come about?
Facebook has come a long way since Mark Zuckerberg, Chris Hughes, Eduardo Saverin, and Dustin Moskovitz were college students at Harvard working on a side project then called The Facebook. Of course, we all know what happened – the social networking site took off like wildfire and made billionaires out of a whole bunch of people, including the three other founders of the now-ubiquitous website and app. Mark Zuckerberg, is a 35-year-old husband and father of two. He's still running Facebook and has a net worth of $80 billion. He and his wife Priscilla Chan are major philanthropists. We know what Mark has been up to, but what about Hughes, Saverin, and Moskovitz? What have they all been up to since they left the day-to-day operations of Facebook to Zuckerberg and set out on their own?
When did Saverin liquidate Facebook?
By the end of 2010, Saverin liquidated at least $250 million worth of Facebook stock to later-stage investors such as Digital Sky Technologies, as well as via secondary exchanges like SharesPost.
How much of Facebook does Dustin Moskovitz own?
Dustin Moskovitz owns roughly 3% of Facebook made up of 95 million class A and class B shares combined. Moskovitz is said to own 47 million class A shares. He has sold several hundred million dollars worth of stock since Facebook went public in 2012.
Is Dustin Moskovitz a friend of Mark Zuckerberg?
Billed as being "for your work life what Facebook is for your social life," Asana ultimately failed to reach the kind of widespread fame that Facebook has achieved, but Dustin Moskovitz remains a friend to Mark Zuckerberg and one of his most trusted confidants, according to a statement from Zuckerberg.
Who is the Facebook co-founder?
Saverin, Eduardo, "Facebook Co-Founder Speaks Publicly: What I Learned From Watching 'The Social Network'", CNBC, Friday, October 15, 2010.
When did Facebook start?
Noting the lack of a dedicated social networking website for Harvard students, the two worked together to launch The Facebook in 2004. They each agreed to invest $1,000 in the site. Later, Zuckerberg and Saverin each agreed to invest another $18,000 in the operation.
Did Facebook sue Saverin?
Facebook filed a lawsuit against Saverin, arguing that the stock-purchase agreement Saverin signed in October 2005 was invalid. Saverin then filed a suit against Zuckerberg, alleging Zuckerberg spent Facebook's money (Saverin's money) on personal expenses over the summer. In 2009, both suits were settled out of court.
I'm A Facebook user. How Do I Get Some of That $5 Billion?
- Short answer: You don't. Longer answer: Facebook users weren't financially harmed, though being hammered with political ads might seem like it deserves compensation. So no fund is being set up to pay victims. Instead the money will go straight to the US Treasury. We know that's disappo…
Well, That's Disappointing. What's This About A New Privacy Committee?
- The agreement requires Facebook to form a privacy committee at the board of directors level. The committee will do one thing: oversee privacy at Facebook. And all the members will be independent, meaning their day jobs can't be at Facebook. The committee, when it is created, will have a lot of power. It will be able to remove privacy compliance officers, who will be responsibl…
I Heard Something About A New Privacy Program at Facebook. What's That About?
- In broad brush, Facebook has to conduct privacy reviews of all new or modified products and services. That could be apps it designs or physical products, like its Portal video chat device. The company has to share written privacy reviews with Zuck (which seems like common sense), as well as the assessor and the FTC, if it wants to have a peek. The privacy program has to include …
Anything Else I Need to Know About The Settlement?
- There are some interesting -- and scary -- loose ends. The social network has to encrypt user passwords, can't use phone numbers given as part of two-factor authentication for advertising, can't retain personal information that users deleted on its servers and can't let employees have free access to user information.
That's It, Right?
- As long as you don't count the controls that are being put in place for facial recognition. Basically it boils down to this: Facebook has to get your permission on facial recognitionmatters before it does anything.
What Comes Next?
- Facebook is still facing regulatory scrutiny from the FTC and other government agencies. The FTC told the company in June it was investigating the social media giant for antitrust concerns. The Department of Justice also said that it's kicking off an antitrust review into internet giants and how they achieved market power, signaling it would target social media companies like Facebook.
The Reason For The Lawsuit
- The case alleges that the social media platform was getting facial data by using a feature that Facebook offers, which allows people to tag themselves in photos other people took. How it works is that, once someone enables facial recognition, any photo on the platform that Facebook recognizes your facial structure, the platform will notify and ask you if you’d like to tag yourself. I…
Who Is Eligible For The Claim?
- Facebook users in Illinois for whom Facebook has created and stored a face template since the 7th of June, 2011. Eligible users should also have lived in Illinois for at least six months. 1,571,608 claim forms were filed mid-December, according to the judge, and that there are 6.5 million potential members in the class.
Editor’s Note on Facebook Bipa Class Action Settlement
- This feature is an update of the latest settlement in the Facebook BIPA class action lawsuit filed for illegally storing users Biometric data. What are your thoughts on this piece? Please send us a message by clicking the ‘Contact Us’ button below! We’d love to hear back from you. Contact Us You can also reach out to us on Twitter or Facebook or vi...