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Meta Paying $725M To Settle Cambridge Analytica Lawsuit By Facebook Users Who Said Their Personal Data Was Improperly Accessed – KristenBellTattoos.com

MetaPlatforms has agreed to pay a record $725 million to settle a class-action lawsuit brought by Facebook users who alleged the company gave third parties access to their personal data. Allowed.

British research firm Cambridge Analytica, whose clients include former President Donald Trump, was the most prominent example of what the complaint described as a massive privacy lapse. In 2018, it was revealed that Cambridge Analytica had improperly accessed the personal information of approximately 87 million Facebook accounts.

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The lawsuit was filed in the U.S. District Court for the Northern District of San Francisco, California. Judge Vince Chhabria must approve the settlement.

The case was an embarrassing one for Facebook and its founder Mark Zuckerberg, who was brought before Congress to answer questions about data security. It followed more than a year of intense media coverage of how Trump used social media (with help from Russia) to upset Hillary Clinton in the 2016 election. Some advertisers pulled out of Facebook amid Cambridge Analytica controversy.

“After more than four years of protracted litigation, the named plaintiffs have achieved a victory.
An extraordinary result from the class. The proposed settlement is …
The largest recovery ever in a data privacy class action and the largest payout Facebook has ever paid.
to settle a private class action,” attorneys for the plaintiffs wrote in their motion to confirm the settlement.

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“The amount of the recovery is particularly staggering given that Facebook argued that its users consented to the practices at issue, and that the class suffered no actual harm. The plaintiffs dispute these characterizations, but acknowledges that they faced tremendous risks in this novel and complex case. In addition to the monetary relief obtained by the plaintiffs, Facebook has meaningfully changed the practices that gave rise to the plaintiffs’ allegations. gave

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Basically, the company has stopped allowing third parties to access user data through their friends. Facebook has significantly expanded its ability to restrict and monitor how third parties collect and use user information. and developed stronger tools to tell users what information Facebook collects and shares about them.

Meta did not admit wrongdoing as part of the settlement. A representative was not immediately available for comment. “We pursued a settlement because it is in the best interest of our community and shareholders. Over the past three years we have refined our approach to privacy and implemented a comprehensive privacy program,” Metta K. A spokesperson told CNBC.

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Facebook changed its name to Meta in October 2021.

Jill Goldsmith contributed to this story.

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