Facebook owes you money if you’ve used it since 2007 and you can claim it back

If you've used Facebook at any time in the last fifteen years, there could be some money coming your way.

That's because social media giant Meta is being forced to pay out a total of $725million (£582m) to any users who had a Facebook account between May 24, 2007 and December 22, 2022.

The payout follows a major lawsuit which claimed that Meta made data about users and their friends available to third parties—without permission.

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While Meta has admitted no wrongdoing, it has been ordered by a court to pay out compensation to users.

You've got until August 25, 2023 to submit your claim to a share of the payout, although as it involves millions of users it is worth bearing in mind that it probably won't be a lot of money.

You'll have to have been living in the US during that time and been a Facebook user. You'll be asked to provide your Facebook username as well as the phone number linked to your account.

The lawsuit claimed that Meta misused the data of tens of millions of Facebook accounts.

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This was linked to the Cambridge Analytica scandal, a company which 'may have collected the personal information of as many as 87 million Facebook users' according to lawyers at Keller Rohrback.

This data was used by the Trump and Brexit campaigns to influence elections and political campaigns in 2016.

Keller Rohrback lawyers claimed: "Facebook has allegeldy known about Cambridge Analytica's improper data collection since 2015 and failed to take action to stop the activity or notify users until March 2018."

The lawsuit was first filed in 2019 and a settlement was reached in December 2022.

At the time Meta said in a statement: "Over the last three years we revamped our approach to privacy and implemented a comprehensive privacy program" and called the cash settlement 'in the best interest of our community and shareholders'.

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