Facebook owes you settlement cash – here’s how to get it

Finally, Facebook will pay you for the data it mishandled.

If you’ve had an account since May 24, 2007, up until December 22, 2022, you’re in luck.

You can now claim your share of the whopping $725-million Cambridge Analytica privacy-class action settlement.

But you’ll need to do this sooner than later, as the deadline to submit your claim is August 25.

So, how much settlement money are we talking about?

That depends on the number of claims submitted.

Once a judge gives their nod of approval on September 7, the settlement will start making its way to claimants—though possible appeals could throw a wrench in the payments’ speed.

Don’t worry if your Facebook days are over; even inactive users can join the party: Here’s what Facebook needs from you:

• Your name
• Address
• The email you used with your account
• The account’s last active date

How do you get paid?

There’s a variety of payment options: prepaid Mastercards, direct deposits, or digital payment options like PayPal, Venmo, or Zelle.

Can’t decide? Check the FAQ section on the settlement site.

Alternatively, you can opt-out (if you’re feeling lucky) and preserve your rights for future lawsuits related to the Cambridge Analytica mess.

How to file your Facebook settlement claim

Ready to get your share of Facebook’s coin? Head to the claim website, fill out the online form or go old school and mail in your claim.

If you decide to mail it in, download the form here and send the completed form to:

You’ll need to include details like name, address, email, phone, US residency status, and account info. Then, select your preferred payment option, like PayPal or Venmo.

The claim website states that if you have any questions or concerns, to reach out to the Settlement Administrator by email at info@FacebookUserPrivacySettlement.com, or by telephone at 1-855-556-2233.

How long does it take?

It only takes a few minutes. But remember, the cash you’ll score depends on how many claims are submitted.

Again, Sept 7th’s final approval hearing will determine if your payout date will be later this year or if appeals will push it back.

Want to opt-out? Visit the site or mail your opt-out request, but do it by July 26. If you snooze, you lose—both on future litigation rights and that sweet settlement cash.

Have any thoughts on this? Drop us a line below in the comments, or carry the discussion over to our Twitter or Facebook.

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Kevin Raposo

Kevin is KnowTechie's founder and executive editor. With over 15 years of blogging experience in the tech industry, Kevin has transformed what was once a passion project into a full-blown tech news publication. Shoot him an email at kevin@knowtechie.com or find him on Mastodon or Post.