Will this amount be enough for the lawsuit's plaintiffs? Meta's proposal to settle for the Cambridge Analytica scandal is accepted. The California-based social media giant recently agreed to pay close to $730 million to resolve a class action lawsuit against it for illegally sharing user data with data firms among the Donald Trump campaign team, per Business Times.
Facebook owner Meta Platforms Inc has agreed to pay $725 million to resolve a class-action lawsuit accusing the social media giant of allowing third parties, including Cambridge Analytica, to access users personal information.
In the largest privacy class action lawsuit settlement yet, Facebook owner Meta has agreed to pay $725 million to settle charges over use of customer data without permission.