No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, November 28, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Money

Facebook Settlement Payments Are Finally Rolling Out—Here’s What to Know

by TheAdviserMagazine
2 months ago
in Money
Reading Time: 3 mins read
A A
Facebook Settlement Payments Are Finally Rolling Out—Here’s What to Know
Share on FacebookShare on TwitterShare on LInkedIn


Image Source: 123rf.com

If you used Facebook anytime between 2007 and 2022, there’s good news: the long-promised privacy settlement payments are finally being sent out. You might have seen headlines about the deal years ago—but delays, appeals, and legal delays kept things in limbo. Now, after court approvals and the completion of litigation, millions of claimants are being notified and paid. Knowing if you’re eligible, how much you might receive, and when are all crucial so you don’t miss out. Let’s break down the details so you’re not surprised by your inbox—or lack thereof.

Who’s Eligible for the Settlement

To qualify, you needed to have had a U.S. Facebook account at any point between May 24, 2007, and December 22, 2022. The deadline for submitting a claim was August 25, 2023, so if you didn’t file by then, you likely missed your chance. Around 28 million users submitted valid claims, making this one of the largest privacy class-action payouts in U.S. history. Even deleted accounts during that timeframe may qualify if a claim was submitted.

How Much Money Can You Expect

Don’t expect a life-changing check—for most people, it’s a modest amount. The settlement fund is $725 million, but after legal fees, administrative costs, and dividing it among millions of claimants, the available amount per person is relatively small. The average payment is around $29.43, while the highest payouts reach approximately $38.36 for users who had accounts during the entire eligible period. Less active or shorter-term account holders will receive lower amounts. The precise sum you get depends on how long your account was active during the eligible window.

When Payments Are Being Sent

Payments started rolling out in early September 2025 and will continue over about 10 weeks in batches. If your claim was approved, you should receive an email from “Facebook User Privacy Settlement Administrator” ahead of your payment—typically 3-4 days in advance. The payment methods include PayPal, Venmo, Zelle, direct deposit, prepaid Mastercard, or paper check, depending on which option you selected when you filed the claim. If you haven’t gotten a notice yet, keep an eye on your spam folder and any addresses you registered with Facebook.

What’s Behind the Settlement

This payment isn’t admitting wrongdoing by Facebook (now Meta), but rather settling claims that it mishandled user data. The lawsuits centered on allegations that Facebook improperly shared personal data with third-party advertisers and failed to control access, especially in relation to the Cambridge Analytica scandal. Meta agreed to this settlement in part to avoid the costs and risks of protracted litigation. The legal folks negotiated a large pool, including what users lost or what they estimated as privacy harm. If nothing else, it’s recognition of the widespread concern around how Facebook handled user data during that time.

Things You Need to Do (or Check)

First, check your email for one titled something like “Facebook User Privacy Settlement Administrator”—that’s how approved claimants are receiving notices. Make sure your preferred method of receiving payment (like PayPal, Venmo, direct deposit, or check) is up to date. The claim deadline has passed, so if you didn’t file a claim by August 2023, you’re likely not eligible. Also, verify the period you used Facebook—months active during the eligible window directly impact how much you get. Keep in mind that the payout is proportional to your time on Facebook, not a flat rate for everyone.

What This Settlement Means for Consumers

This isn’t a huge windfall for most people, but it matters. It acknowledges that millions were affected by privacy failures, and it shows that class-action lawsuits can lead to real compensation. For those eligible, it’s a reminder to pay attention to long-term online data practices and not assume that big tech will always safeguard your information. Even small amounts add up in showing accountability. And this settlement may push companies to be more transparent in future about how they store, share, and protect user data.

You May Also Like

Why Are Some Seniors Deleting Facebook Without Telling Anyone?
5 Social Media Mistakes That Put Seniors at Legal Risk
8 Facebook Marketplace Scams That Are Getting Way Too Clever
10 Times Social Media Posts Sparked Family Legal Battles
4 Frugal Facebook Groups That Can Help You Save Money



Source link

Tags: FacebookFinallyOutHeresPaymentsRollingsettlement
ShareTweetShare
Previous Post

How wealth management firms can scale growth

Next Post

Decluttering Challenge – Day 9 & 10 (the toy room + my car)

Related Posts

edit post
Mastering the Art of Asking AI Questions: Tips & Insights

Mastering the Art of Asking AI Questions: Tips & Insights

by TheAdviserMagazine
November 28, 2025
0

Several decades ago, the phrase “chatting with artificial intelligence” might have sounded like a line from a sci-fi movie. But...

edit post
Your Home Equity Line of Credit Is Not Safe: Read This First

Your Home Equity Line of Credit Is Not Safe: Read This First

by TheAdviserMagazine
November 28, 2025
0

Image Source: ShutterstockFor many retirees, a home equity line of credit (HELOC) feels like a safety net. It promises access...

edit post
Expose the Food Industry: The Chemicals Accelerating Arthritis Pain

Expose the Food Industry: The Chemicals Accelerating Arthritis Pain

by TheAdviserMagazine
November 28, 2025
0

Image Source: Shutterstock Arthritis affects millions of seniors, causing stiffness, swelling, and chronic pain. While genetics and age play roles,...

edit post
Making the most of the pension tax credit

Making the most of the pension tax credit

by TheAdviserMagazine
November 27, 2025
0

Having said that, this tax credit is not a big deal for most people, and in some cases, you will...

edit post
Seniors’ Smart Stand: Why They’re Rejecting Prescriptions for Better Health Control

Seniors’ Smart Stand: Why They’re Rejecting Prescriptions for Better Health Control

by TheAdviserMagazine
November 27, 2025
0

Elderly woman refusing medication at doctors appointment. Image source: Shutterstock. Across the country, a quiet shift is unfolding inside exam...

edit post
Debt’s Grip on the Middle Class: Why 60% of Americans Live Paycheck to Paycheck Despite the Wealth Illusion

Debt’s Grip on the Middle Class: Why 60% of Americans Live Paycheck to Paycheck Despite the Wealth Illusion

by TheAdviserMagazine
November 27, 2025
0

Couple having a tense discussion over their debt. Image source: Shutterstock. Walk through any middle-class neighborhood today, scroll through Instagram,...

Next Post
edit post
Decluttering Challenge – Day 9 & 10 (the toy room + my car)

Decluttering Challenge – Day 9 & 10 (the toy room + my car)

edit post
NAKA shares plunge 54% in a day, reinforcing investor exhaustion toward Bitcoin treasury companies

NAKA shares plunge 54% in a day, reinforcing investor exhaustion toward Bitcoin treasury companies

  • Trending
  • Comments
  • Latest
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Could He Face Even More Charges Under California Law?

Could He Face Even More Charges Under California Law?

November 27, 2025
edit post
Mastering the Art of Asking AI Questions: Tips & Insights

Mastering the Art of Asking AI Questions: Tips & Insights

0
edit post
U.K. Budget Trims Inflation But Offers Limited Relief for BOE

U.K. Budget Trims Inflation But Offers Limited Relief for BOE

0
edit post
Complaints About Gaps in Medicare Advantage Networks Are Common. Federal Enforcement Is Rare.

Complaints About Gaps in Medicare Advantage Networks Are Common. Federal Enforcement Is Rare.

0
edit post
The Irish court – SCOTUSblog

The Irish court – SCOTUSblog

0
edit post
2025 Communication Services Stocks List

2025 Communication Services Stocks List

0
edit post
*HOT* Lenovo Laptop Black Friday Deals, plus more!

*HOT* Lenovo Laptop Black Friday Deals, plus more!

0
edit post
Mastering the Art of Asking AI Questions: Tips & Insights

Mastering the Art of Asking AI Questions: Tips & Insights

November 28, 2025
edit post
*HOT* Lenovo Laptop Black Friday Deals, plus more!

*HOT* Lenovo Laptop Black Friday Deals, plus more!

November 28, 2025
edit post
Airbus warns A320 fleet needs software fix after incident

Airbus warns A320 fleet needs software fix after incident

November 28, 2025
edit post
Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation

Bitcoin dominance dips to 23.6 fib level, signals potential altcoin rotation

November 28, 2025
edit post
The Real Black Friday Sale Is in Crypto

The Real Black Friday Sale Is in Crypto

November 28, 2025
edit post
2025 Communication Services Stocks List

2025 Communication Services Stocks List

November 28, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Mastering the Art of Asking AI Questions: Tips & Insights
  • *HOT* Lenovo Laptop Black Friday Deals, plus more!
  • Airbus warns A320 fleet needs software fix after incident
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.