Are you eligible for TikTok settlement?
To be eligible for a settlement payment, a TikTok user must be a United States resident and must have used the app prior to October of 2021. If an individual meets these criteria, they must submit a claim before March 1, 2022. 89 million users are estimated to be eligible to receive payment.
Why is TikTok facing a class action lawsuit?
The class-action lawsuit alleges that TikTok violated privacy laws on both state and federal levels. The federal court will give its final decision later in 2022. Even though the defendants disagree with the allegations, they have already agreed to fund a $92 million escrow account for the benefit of the settlement.
Is TikTok’s data privacy settlement with the FTC a big deal?
However, for those familiar with TikTok’s litigation track record on data privacy, this settlement does not come as a surprise. Specifically, in 2019, TikTok – then known as Musical.ly – settled with the Federal Trade Commission over alleged violations of the Children’s Online Privacy Protection Act for $5.7 million.
What does TikTok’s $92 million payout mean for users?
The lawsuit alleged that TikTok was collecting personal data from its user base and sharing it without the consent of users. TikTok continues to deny the claims laid out in the lawsuit but nonetheless agreed to the $92 million payout. What does this mean for users?
How much will I receive from TikTok settlement?
The 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.
When can I expect my TikTok settlement?
A final approval hearing in the TikTok data privacy class action settlement is scheduled for May 18, 2022.
How do I get my TikTok settlement?
SUBMIT A CLAIM FORM If you are a member of the Settlement Class, you must submit a completed Claim Form to receive a payment. If the Court approves the Settlement and it becomes final and effective, and you remain in the Settlement Class, you will receive your payment by electronic means.
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.
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 claim TikTok privacy settlement?
You can submit a claim for yourself or on behalf of a minor who used the app by visiting the TikTok data privacy settlement website. Read More: The deadline to submit a claim form is March 1, 2022, while the deadline to exclude yourself from the class or make an objection is January 31, 2022.
How much do they pay on TikTok?
As for the TikTok Creator Fund, you can earn between 2 and 4 cents for every 1,000 views. This means you might expect $20 to $40 after reaching a million views.
Who qualifies for TikTok lawsuit?
If you used TikTok — or its predecessor, Musical.ly — before Oct. 1, you may be eligible for compensation as part of a $92 million settlement against the app. TikTok users received a notification from the app Monday about submitting a claim for compensation.
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 do I get my TikTok settlement in Canada?
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 do they pay on TikTok?
As for the TikTok Creator Fund, you can earn between 2 and 4 cents for every 1,000 views. This means you might expect $20 to $40 after reaching a million views.
What is snap settlement?
Class Representatives, on behalf of themselves and the Court-certified Class (defined below), reached the settlement of the Federal Action with Defendants for a payment of $154,687,500 in cash that resolves all claims in the Federal Action (“Settlement” or “Federal Settlement”).
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 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.
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.
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 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.
Do you have to sign a perjury claim?
All claim forms must be fully completed, signed under penalty of perjury, and submitted before all deadlines.
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 does this mean for users?
Eligible TikTok users were notified of the potential for a payout via an in-app notification sent out Monday. Those that received a notification fall into two camps: those included in the nationwide group, and those included in the Illinois subgroup.
How to get paid
If you or someone you know is included in the 89 million users affected by the TikTok settlement, you’ll need to submit a claim by March 1, 2022, in order to receive any payment. If you are eligible but don’t wish to take part in the settlement, you can also submit an exclusion form.