Meta settles $725m Cambridge Analytica class-action suit

23/12/2022 | The Guardian

In what's shaping up to be a bad week for Meta, the Facebook owner has reached a $725 million settlement, pending court approval, over a class-action privacy lawsuit concerning the Cambridge Analytica data scandal. In a statement, lawyers working on the case said: "This historic settlement will provide meaningful relief to the class in this complex and novel privacy case," adding that it's the "largest recovery ever achieved in a data privacy class action." A spokesperson for Meta said resolution by settlement was "in the best interest of our community and shareholders." 

The Guardian first reported on the settlement in August 2022. 

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Facebook, Cambridge Analytica

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