how much will the facebook settlement be

The Facebook settlement amount is part of a historic $725 million class-action settlement related to a privacy lawsuit. The average payment to users will be about $29.42 to $29.43, with a maximum payment of $38.36 for users who were active throughout the entire class period from 2007 to 2022. The minimum payment is approximately $4.89. Payments are going out in batches over about 10 weeks, and the amount each claimant receives depends on how long they were active Facebook users during the class period and how many valid claims were filed. Out of the total $725 million settlement, roughly $540 million is allocated to cover approved claims after administrative and legal fees.