The vast majority of people have a Facebook account, whether or not they log in or even post on it often is another story. But if you have an account in any fashion you’ll want to keep reading. The parent company of Facebook, Meta, recently settled a $725 Million lawsuit that has been tentatively approved by a judge. And if you have or have had a Facebook account, you are entitled to part of that settlement.

The lawsuit claimed that Facebook was allowing as many as 87 million users’ personal data to be shared with third parties without their consent, according to the Associated Press. Yeah, we know now that’s a big no-no. But it had been going on for years in the company. The settlement is scheduled to receive final approval this fall, but you can go ahead and file a claim for your percentage of that money now.

You can get all the info you need on the Facebook settlement or how to apply here. Or keep reading to see the answers to the main questions you probably have.

• Who Can Receive A Payment?

  You are considered a “settlement class member” if you were a Facebook user in the United States between May 24, 2007, and December 22, 2022.

• How To Submit A Claim

  In order to receive your portion of the settlement complete the Claim Form that obtains approval from the Settlement Administrator. The Claim Form must be submitted no later than August 25, 2023.

  You can submit your Claim Form online or download the Claim Form and mail it to the Settlement Administrator.

• How much will I receive?

  Unfortunately, there is not a straight answer to this question as of yet. It will depend on how long you were a user of the platform in the time period as well as the number of people who submit a claim. After attorneys fees and other expenses are deducted from the settlement total the rest will be divided among claimants.

• How Do I Know If My Info Was Distributed?

  It doesn’t matter, the settlement is open to any Facebook users during the above stated time period.

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