Facebook Lawsuit Settlement Payout Date: Latest Updates & Payout Amount!

Facebook’s biggest class action settlement of $725 million is still not processed. The valid claimants who have filed their claim form before the deadline of 25 August 2023 must be waiting for the payout. The court granted its final approval for the Facebook settlement last year.

According to the latest update, the claimants who have been waiting for a year have to wait more for compensation from FB’s settlement administrator. Let’s see when you can expect the FB user privacy settlement payout as per the latest updates.

Facebook Lawsuit Settlement Payout Date

The lawsuit against Facebook claims the defendants have shared or made their user’s information or user’s friends’ data to third parties without the consent of the users. The US Northern District of California preliminary approved the settlement last year and released the claim form with the deadline to submit it on 25 August 2023. 

The class members who wish to receive the cash payout and file the claim form by the deadline have been waiting for the payout as the court has finalized the settlement in October 2023. Generally, the settlement administrator processes the settlement payout to class members within 180 days of the Court Final approval. 

However, two appeals have been filed and now the Facebook User privacy class action settlement claimants have to wait longer for the payout. According to the latest updates, valid claimants can expect the cash settlement benefit later in 2025 after July 2025. 

Reason for the Delay in Facebook Lawsuit Settlement Payout 

As we have mentioned, the Facebook lawsuit settlement payout was delayed due to the appeal filed on the Court’s final approval order of the settlement, Attorney’s fees, service awards, and final judgment taken on 10 Oct 2023. 

As per the latest update, the appeals take lots of time to resolve as they vary widely. The settlement payouts will not be processed by the settlement administrator till the appeals are resolved. As per the 9 Nov 2023 appeal notice, the two appeals are filed on the approval. 

The payout can be delayed more due to additional proceedings before resolving the appeal. Hence the claimants should check the settlement website regularly to stay updated on the settlement payout. 

Important Facts & Figures of FB Settlement 

The Facebook user privacy $725  settlement is one of the biggest Facebook class action settlements to date, which has created a buzz about this settlement. Let’s see the important facts and figures of this settlement that are essential to know:

• The settlement was filed in 2018 against Facebook (Meta Platforms Inc.) in the United States District Court for the Northern District of California.
• The lawsuit was focused on two allegations against the defendants, where the plaintiff alleged that FB made the user’s or the user’s friends’ data or shared the data with third parties without the user’s consent to increase their revenue and the defendant failed to monitor the third party accessing the user’s data. 
• The lawsuit was filed after Facebook was discovered sharing users’ information with Cambridge Analytica. The data was used to create voter profiles and target US voters for Trump’s 2026 Presidential campaign. 
• The California court granted the preliminary approval of the Facebook user privacy settlement on 29 March 2023. The settlement administrator, under court authorization, released the settlement claim form and asked the class members to submit it by the deadline of 25 August 2023.  
• The settlement between the plaintiff and defendant was reached in September 2023. The settlement plaintiffs include Anthony Bell, Steven Akins, Terry Fischer, Cheryl Senko, Jason Ariciu, Budget Burk, Jordan O’Hara, and Tyler King.
• According to reports, around 17 million US people were Facebook users between 24 May 2007 and 22 December 2022 who have filed the claim form to receive compensation from Facebook.
• The court granted the final approval of the Facebook user privacy settlement last year. Now, the claimants are waiting for the delayed payment due to the two appeals against the final approval.

Important points related to the Facebook Settlement Payout

The class members who have filed the Facebook user privacy settlement claim form by the deadline and waiting for the payout should know how much and how they will receive the settlement benefit:

• The settlement has a total of $725 million fund, which will be first used to cover the administration expense, attorney fees, and service award for class representatives before distributing the settlement fund to the class members. 
• The class members would receive the monetary benefit, which may vary among the claimants. However, based on the estimates, where Attorney fees can take 25 % of funds, services award can take  5% for each representative, and the class members can expect around $30 to $35 for each claimant. 
• You will receive the settlement payout based on the payment method they have chosen in the claim form, such as Prepaid Mastercard, PayPal, Zelle, Venmo, and Physical check. 
• The claimants who have not selected the payment method will by default receive the payment through physical check.

FAQs of the Facebook Lawsuit Settlement

What to do if you claim information is changed? 

The claimants whose mailing address, mobile number, or any other information that could affect their payment should report the change to the settlement administrator to receive the payout timely. 

You can report changes to the administrator by sending mail to the administrator at [email protected] 

Where can you get more information about the settlement?

If you wish to get more information about the Facebook privacy settlement, you can write an email at the above-mentioned email ID, call at toll-free number 1 855 556 2233, or mail at 

• Facebook Consumer Privacy User Profile Litigation
• c/ o Settlement Administrator, 
• 1650 Arch Street 
• Suite 2210
• Philadelphia
• PA 19103

Can you still submit the claim for the Facebook $725 million settlement?

No, you cannot claim the Facebook settlement as the deadline has passed.

What does no longer decline notice indicate?

The claimants who have previously received the decline notice for their claim on Facebook settlement and appeal on the decline may have received the no longer decline notice when the administrator finds them eligible for the settlement after reviewing the settlement. 

The Facebook user privacy settlement payout can be released after the appeal resolution, which happens later in the next year, so you can expect the payout in the third quarter of 2025.