Millions of Facebook users are finally receiving payments from the platform’s historic $725 million privacy settlement , marking the resolution of a yearslong legal battle over data misuse.
The settlement stems from lawsuits accusing Facebook of improperly sharing user data with third parties, most notably the now-defunct political consulting firm Cambridge Analytica. The scandal, which erupted in 2018, revealed that personal information from millions of users had been harvested without consent and used for targeted political advertising.
Meta, Facebook’s parent company, denied any wrongdoing but agreed to the payout to avoid a costly trial. The settlement applies to U.S. residents who had an active Facebook account between May 24, 2007, and Dec. 22, 2022, and filed a valid claim by th