Here’s How Facebook Users Can Claim $725 Million Settlement Money {VIDEO}

Smartphone display with logo of Facebook, WhatsApp and Instagram apps in hand against blurred META logotype on white monitor background: Tallinn, Estonia – October 29, 2021

Facebook users who had an account between May 2007 and the end of last year can now apply for their share of a $725 million privacy settlement that Meta, the platform’s parent company, agreed to last December

The social network was accused of improperly sharing the personal information of 87 million users with third parties in a lawsuit filed in 2018, Complex reports. Meta denies any liability or wrongdoing, but is agreeing to pay out the large settlement to users whose information was compromised.

So how much money could users receive? ABC News Radio anchor Michelle Franzen spoke to ABC News correspondent Alexis Christoforous about the case and how people can apply for their claim online

“Well, I think we all hear $725 million and our ears perk up because that sounds like a lot of money. But the fact is, when you divvy it up amongst millions and millions of people, it’s not that much money anymore,” said Christoforous.

“So the amount of money that you might get from this claim is still unknown, because it’s going to depend on a couple of things: How many people actually submit a claim and then how long you had your Facebook account for given the years that, you know, make you eligible,” Christoforous continued.

Christoforous added, “So I guess we should let folks know that you’re only eligible if you had an active Facebook account sometime between May of 2007 and December of 2022. You don’t have to have had it for all that time, just some of that time. You have until August 25 to submit a claim.”

You can do that online at facebookuserprivacysettlement.com.

Christoforous noted … “don’t expect the money super soon. It has to get final approval from a judge in early September. But at some point at the end of this year or next, your money should be coming to you.”