Settlement FAQs

when is the tiktok settlement payout

by Prof. Katarina Schamberger II Published 3 years ago Updated 2 years ago
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Federal Court Approves $1.1 Million TikTok Settlement Over Children's Privacy Claims. On March 25, 2022, the U.S. District Court for the Northern District of Illinois approved a $1.1 million settlement with TikTok Inc.Mar 30, 2022

How much will I get from the TikTok settlement?

Although a $92 million settlement may sound like a large amount of money, if applied to all the users affected, those in the nationwide subclass would receive a payout of $0.96 due to attorney fees. Illinois citizens, however, will receive more (up to $5.75 if every eligible person submits a claim).

How do I get the TikTok 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.

Is TikTok giving out money?

TikTok is offering $92 million to settle a battle over personal data -- but you probably shouldn't get too excited about your share. TikTok users may have noticed the notifications about the settlement starting Monday. Yes, it's a real case.

Is TikTok paying money?

As we know from the sources that TikTok pays around 2 and 4 cents per 1,000 views on a TikTok video. And, as we know that viral TikTok videos receive millions of views. So, a TikTok video with a million views earns around $20 to $40. You can now calculate the earnings of videos with millions and billions of views.

What happened to the TikTok settlement?

Federal Court Approves $1.1 Million TikTok Settlement Over Children's Privacy Claims. On March 25, 2022, the U.S. District Court for the Northern District of Illinois approved a $1.1 million settlement with TikTok Inc.

How much does TikTok pay Per like?

around 2 to 4 cents per 1,000 viewsSo, How Much Does TikTok Pay? It's estimated that TikTok pays around 2 to 4 cents per 1,000 views on a video. That's all thanks to the TikTok Creator Fund, a program where they committed $300 million to pay creators who use the platform and apply for the program.

How do I know if I have a Facebook settlement?

If you are still not sure whether you are included, you can get free help on this website or by calling the Settlement Administrator at 1-844-799-2417. Please do not contact the Court or Facebook. Facebook will pay $650 million to settle this case.

How do I claim a settlement on Facebook?

You must submit a claim form to qualify for a payment. Anyone who submits a valid claim form by September 22, 2022, can receive settlement money — if their form is approved by the Settlement Administrator. You can submit a claim form online, or download it and mail it to the Settlement Administrator.

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